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Multiple estate agencies selling for you, how many is too much?

pph
pph Posts: 142 Forumite
edited 4 November 2016 at 3:41PM in House buying, renting & selling
We're selling up and have decided to go with 2 local estate agents. Since then we've had about 5 other agents get in touch offering their services.

My natural inclination - pure gut feeling - is to say no to them. Something says it looks desperate to have more than 2-3 selling for you?

But is my gut feeling right? Maybe one of these other 5 has my future buyer on their books?

I might say to them, "look, it's on rightmove now - show it to the people on your books and if they want to come around and look we can look into signing an agency agreement".

What say the experts? :o

Maybe it only looks desperate if you start lowering the price, why should having it on 7 agents' site at the same price look desperate?
«13

Comments

  • Guest101
    Guest101 Posts: 15,764 Forumite
    I thought you were selling and then you said tenancy agreement, so which is it?
  • KRB2725
    KRB2725 Posts: 685 Forumite
    Part of the Furniture
    Why did you decide to go with two rather than one from the outset? To me, if I see two boards I always assume they are having trouble selling.

    With most agents using all the main selling sites, I don't see why more than one is needed. Maybe other posters will enlighten me!
  • pph
    pph Posts: 142 Forumite
    edited 4 November 2016 at 3:50PM
    Guest101 wrote: »
    I thought you were selling and then you said tenancy agreement, so which is it?

    Corrected. I meant agency agreement.
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    Price is the issue if your having trouble selling.

    Is your house reasonably priced and why?
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • ap1985
    ap1985 Posts: 325 Forumite
    Guest101 wrote: »
    I thought you were selling and then you said tenancy agreement, so which is it?


    Where does it mention tenancy agreement on the original post? Does she mean agreement with the agency for selling their property? confused.com
    :jFinally going to be a homeowner:T
  • Seabee42
    Seabee42 Posts: 448 Forumite
    To be honest do people really just register with estate agents for property details these days or just look on Rightmove.


    If its on Rightmove assuming its portrayed well more than once wont help. Seeing it on more than once (nevermind 6 times would be just annoying).


    If you can get a better fee by sole agency I would try that first.
  • cloo
    cloo Posts: 1,291 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    I'm another one who sees more than one agent as suggesting problems.

    I guess the only reason to have two might be to play them off one another to generate sales - the first people we tried to buy from last time were like that. Their house wasn't hard to sell, but seeing as it was an empty former rental they were happy for multiple agencies to show it to multiple people even when they'd accepted an offer from someone else (us, for example)
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    Two is one too many in my book.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 4 November 2016 at 5:43PM
    Get it on to rightmove/prime location and 95% of buyers will see it.

    Why pay extra fees for a multi agency agreement just for the other 5%?

    But make sureyou don't commit to 24 months contract. If the agent turns out no good you'll be pulling your hair out. 6 - 8 weeks max. After that you can choose whether to stay with them or go elsewhere.
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    ap1985 wrote: »
    Where does it mention tenancy agreement on the original post? Does she mean agreement with the agency for selling their property? confused.com

    See the edit information in the OP.
    pph wrote: »
    Corrected. I meant agency agreement.
This discussion has been closed.
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