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What questions to ask estate agents?
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I would ideally like to sell as soon as possible after my fixed rate ends on the mortgage so I no longer have to pay the early repayment charge.
How far away is that?
Have you had any agents around to value the property yet, or is there any houses nearby of the same style/bedroom amounts that have sold recently?0 -
How far away is that?
Have you had any agents around to value the property yet, or is there any houses nearby of the same style/bedroom amounts that have sold recently?
1st April I revert to SVR. Got estate agents coming tomorrow and Saturday to do valuations.
There's quite a few similar that have sold recently and other properties in the road have sold quickly any time they have gone to market (with sensible pricing).0 -
They are compulsive liars, ask them the question a few times and take the average of their answers.0
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I'd use a fixed sale price agent, not % commission. Buyers use rightmove and zoopla not local press or EA offices. As long as the agent does decent photos and professional marketing use them.
Agents always bring us examples of sold properties when we are marketing a finished project, they try and gauge what price you think its worth and tell you what you want to hear to sign you up.Mr Generous - Landlord for more than 10 years. Generous? - Possibly but sarcastic more likely.0 -
Make sure their fee is based on sale price achieved and not asking price! There is one agent round here that’s fee is based on the asking price and I, always surprised when one of their boards goes up that anyone has agreed to that!If my posts have random wrong words, please blame the damn autocorrect not me
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Fee %age (sale/asking), termination/exit clauses, local knowledge, and conversion rates/general ability to sell stuff in a timely manner - that's what I'd be interested in.0
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quantumlobster wrote: »Fee %age (sale/asking), termination/exit clauses, local knowledge, and conversion rates/general ability to sell stuff in a timely manner - that's what I'd be interested in.
That is not really in the EA`s control, not all the time, it is more in the control of the seller via the price expectations they have.0 -
Yes it is. If they can't work with their sellers to achieve realistic prices, then they're not very good at their job.Crashy_Time wrote: »That is not really in the EA`s control, not all the time, it is more in the control of the seller via the price expectations they have.
When did you last talk to an estate agent on a non-hypothetical basis?0
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