Purplebricks, Yopa or private

ka7e

JamesN wrote: »

So I’ve done some negotiating. Just trying to decide between national chain or local independent. I’ve got a good deal with a local but their database is half the size. Though I’d like to think the listing on Rightmove is the major factor and the sales pitch. Any thoughts?

Getagent gives details of agents local to you. Number of properties listed in the previous 6 months, average selling time (to offer, not completion) and percentage of asking price obtained. You have to give email address etc, but you can easily unsubscribe. Contact agents independently - Getagent charges them for referrals which gives you less bargaining room for fees.

JamesN

warby68 wrote: »

Unless your property might need interest from all over the country to attract a buyer, which a new build is unlikely to, I'd go local but ask around- make sure its the right local one. If you can't get third party feedback and don't know the local players very well, have a chat with a couple of staff and a senior negotiator type person or preferably a partner - gives you a feel for how they operate.

Our local firm is brilliant at negotiating between buyers and sellers so that each feels they got a good deal - they are a little more open perhaps than some about each other's circumstances. We've bought and sold with them so seen both sides. Its the negotiation/persuasion/reassurance that gets many deals done, the good photos are only the first hook

I’ve got a good deal from one. He’s had some feedback on Facebook groups but when I do some sleuthing they’re all mutual friends which makes me think it’s less reliable. I’m also concerned he wants me to go too cheap in order to get the quick sale (he’s offered a fixed fee). Said my house should get £10k less than another one of the same type sold for last year. He seems a decent chap and the marketing is very good. Just concerned that he isn’t going to push to get me a good price. Maybe I’m just being overly apprehensive.

warby68

If you price it a bit cheap you will soon see by the amount of interest.

If there is a lot of interest there will be upward pressure on the price as buyers compete with each other.

We sold well above asking last time after going to best and final from 5 parties and that was in 2010 when the Crash had decimated the housing market. We'd asked the agent to price keenly as we wanted the quick sale more than anything. I'd rather set lower price and get loads of interest than higher price and it stagnate. Ultimately demand sets the price it sells for. Especially when you're only talking about £10k variance. Remember you don't have to accept any offers regardless of what the agent says, its your call - YOU negotiate through him, he doesn't do it for you but as before can be a good persuader to make both sides happy.

This agent obviously goes for quick and easy sales - again, if you want a perfect price you might need to pay for a different type of service.

I'm Mrs 'middle of the road' - the agent with the largest number of local houses and a mid price fee would probably be my usual choice. They're usually popular for a reason. And possibly not the guy with only a handful but is very cheap.

I know I'm going on a bit but also if your house is a 'generic' one (as in appeals to loads and generally easily sold) it matters less who has the listing.

Its a balancing act - you want highest price and someone to get that for you. That doesn't necessarily fit with the service a cheap model provides.

What you have found is that most agents will offer a good price to market easy to sell houses.

Is there really not an agent that has the lion's share of the local market?

JamesN

warby68 wrote: »

If you price it a bit cheap you will soon see by the amount of interest.

If there is a lot of interest there will be upward pressure on the price as buyers compete with each other.

We sold well above asking last time after going to best and final from 5 parties and that was in 2010 when the Crash had decimated the housing market. We'd asked the agent to price keenly as we wanted the quick sale more than anything. I'd rather set lower price and get loads of interest than higher price and it stagnate. Ultimately demand sets the price it sells for. Especially when you're only talking about £10k variance. Remember you don't have to accept any offers regardless of what the agent says, its your call - YOU negotiate through him, he doesn't do it for you but as before can be a good persuader to make both sides happy.

This agent obviously goes for quick and easy sales - again, if you want a perfect price you might need to pay for a different type of service.

I'm Mrs 'middle of the road' - the agent with the largest number of local houses and a mid price fee would probably be my usual choice. They're usually popular for a reason. And possibly not the guy with only a handful but is very cheap.

I know I'm going on a bit but also if your house is a 'generic' one (as in appeals to loads and generally easily sold) it matters less who has the listing.

Its a balancing act - you want highest price and someone to get that for you. That doesn't necessarily fit with the service a cheap model provides.

What you have found is that most agents will offer a good price to market easy to sell houses.

Is there really not an agent that has the lion's share of the local market?

Very good points and exactly what I needed to hear. Thanks!

JamesN

Went live yesterday. Link for those that are interested

https://www.rightmove.co.uk/property-for-sale/property-63222867.html

Feel free to critique.

babyblade41

JamesN wrote: »

Went live yesterday. Link for those that are interested

https://www.rightmove.co.uk/property-for-sale/property-63222867.html

Feel free to critique.

Missing a detailed floorpan so I have to pass on a viewing . I need all of the info in front of me and arranging a viewing is last bit of the puzzle

House is very nice by the way :T

warby68

House is nice but the listing needs a floorplan pronto!!

JamesN

Thanks both. Floor plan is going live today. Was on the to do list already but agent wanted to get it listed ASAP. It’s a new build so I’ve just gotta send him the plan.

jimbog

This has been discussed before - I'm never sure what 'offers over' means. Would 345 buy it? Why would someone then offer 350? There's a slight tone of uncertainty/speculation/chancing it that would put me off somewhat.

But, the price at 345 seems fair in comparison with what else is for sale on the street and what number 26 sold for. It is a nice house

jimbog

I see number 20 is back on sale in just a year. Is there a risk of a development in the green area that might affect yours?