Sacking Estate Agent - Understanding the contract

kay_1

To be fair you haven't dealt with them so wouldn't know what their service is like. All I asked for was advice on the contract not for people to get all opinionated and comment on the situation.

Gwhiz

kay_1 wrote: »

To be fair you haven't dealt with them so wouldn't know what their service is like. All I asked for was advice on the contract not for people to get all opinionated and comment on the situation.

This is the Internet, it's how it works

john_white

Windsorcastle wrote: »

I had 3 high street agents value my property and their valuations ranged from £189k to £220k from a total spiv, who when pushed on whether his valuation was realistic, said, "OK, well we could get 200k anyway"!! So I put it on with HN at 210k to see if I got any bites. No one who viewed felt it was overpriced; and from 6 viewings, I got 2 offers of 203 and 205k. I don't believe a high street agent would have got me any more, and of course I would have paid a lot more in commission. Especially since one was keen to tell me I would shift it at 189 but would struggle above 195.

House Network allow you to set your own price, so you just need to get some local EAs to value it first to give you an idea.

So to clarify you don't want to use a greedy estate agent but want to use their free services? Maybe if people didn't use them as free valuers they could reduce the commission, just a thought?

I have no issue with selling online, but, it smacks of double standards saying they are expensive after wasting their time.

G_M

Hoof_Hearted wrote: »

G_M, is there any reason why notice could not be served now?

No legal reason whatsoever..

Windsorcastle

john_white wrote: »

So to clarify you don't want to use a greedy estate agent but want to use their free services? Maybe if people didn't use them as free valuers they could reduce the commission, just a thought?

I have no issue with selling online, but, it smacks of double standards saying they are expensive after wasting their time.

There is no obligation on anyone to use an EA who has done a valuation, and any sensible person would get 3 valuations so some of the agents are going to be 'wasting their time' as you put it. It's part of the job. It's ludicrous to suggest this raises their extortionate fees. When I got my local agents round to value, I would have been happy to use one of them if they hadn't all been so greedy, looking for a 2% fee. I even tried to negotiate this down with my preferred EA and he was having none of it. Hence why I turned to House Network. And thank god I did. Brilliant service for a fraction of the place, and decent professional people too, not like my local wide boys. High street agents will be defunct within 10 years and good riddance to them!

googler

Windsorcastle wrote: »

There is no obligation on anyone to use an EA who has done a valuation, and any sensible person would get 3 valuations so some of the agents are going to be 'wasting their time' as you put it. It's part of the job. It's ludicrous to suggest this raises their extortionate fees.

Why is it 'ludicrous'? Have you done the math on how much it costs?

Hoof_Hearted

john_white wrote: »

So to clarify you don't want to use a greedy estate agent but want to use their free services? Maybe if people didn't use them as free valuers they could reduce the commission, just a thought?

Perhaps the answer is not to give free valuations then....

Dan-Dan

googler wrote: »

Why is it 'ludicrous'? Have you done the math on how much it costs?

Have you ?

googler

Dan-Dan wrote: »

Have you ?

No, but I didn't say it was 'ludicrous'. The other poster did.

Dan-Dan

Then how do you know it isnt `ludicrous` ?