Finding
the right estate agent is crucial if you want to sell
your house for the best price and in the shortest time.
A property that stays on the market for a long time
can give the impression that there is either something
wrong with it or that it is overpriced. Any delays selling
your own home can mean you miss out on your next dream
home because someone else is in a better position to
move quickly.
Don't
bother physically looking at properties if you are not
ready to buy. It is a waste of your time, the owners'
time and the agents' time.
Before
viewing
Speak to a mortgage advisor and solicitor before you
start looking.
Word
of mouth
The best way to find an agent is from word of mouth.
Ask people you know if they have sold/bought a house
and what estate agent they used and if they were any
good. This way you will find out which ones are the
best and which ones to stay clear of.
Tour
the area
Tour the area and surrounding area you are looking to
buy/sell and jot down the 'For Sale' and 'Sold Boards'
or ('Under Offer') per agent. Then make a comparissment
chart. Calculate the agent with the highest number of
sold boards as a % of the total number of boards they
have up. Try to buy through the agent with the largest
market share. (Often the prices of their houses are
cheaper). Selling your house should be a quicker process
as well as they will have more clients then others.
Get
a few quotes
If you are selling make an appointment with at least
3 agents to come out and give you a valuation prices
and ask how much commission they charge before deciding
on the one you want.
Register
Register with as many agents as you can. If any of them
don`t get back to you with in 2 weeks contact them but
if they continue to fail to get back to you then take
your name off their mailing list. Make a note of the
agents you are registered with.
Get
to know your agent
Meet your estate agent face to face and not over the
phone, not only will you know what he/she looks like
but it is more personal and you can build a relationship
up with him/her.
Give
them a wishlist
A wishlist is just a description of the type of home,
it`s features, the area etc.. that you are looking for.
Most agents don`t care about what you are looking for
in a house just what price you are willing to pay. And
they will keep sending you property listings for that
price range. Cut all of this out by giving them the
wihlist and tell them that you don`t want to be contacted
unless the property resembles what you are looking for.
Contact
details
Most agents have lots of buyers and a limited amount
of time to contact them about new properties that come
on the market. Make sure you give them as many contact
numbers as possible.
Viewing
In a busy market, view properties without waiting to
see the particulars.
View
a property during the day so that you can get a good
look and to see if there is any thing that needs done
to it. If you are interested in a house go back and
have a look around the area at night then you will know
if the area is as quite as it looks during the day "or
if there are kids hanging around on the street corners".
Make a real effort to get on with the owners.
Ask
how long the property has been on the market. If has
been on the market for a while there might be a reason,
in need of major repairs, bad neighbours, bad neighbourhood
etc..
Offering
As soon as you decide you want it put in an offer straight
away. Most people don`t they think they can wait a while
and when they go to make an offer the house is already
gone.
Don't
give the agent any impression that you might increase
your bid (if you are nervous about slipping up, put
your bid in writing).
Get
a 'homebuyers' survey carried out if the property is
more than 10 years old.
Don't
be afraid to re-negotiate the sale price if a homebuyer's
survey identifies work that needs doing.
Try
to set a deadline exchange date and ideal completion
date when agreeing your offer.
Make
your offer including any major fixtures and fittings
you want included.
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