The truth about estate agents
ENGAGING THE SERVICES OF AN ESTATE AGENT
Your property is not valued by an estate agent.
They mention an asking price, which is nothing more than a figure.
- estimation. A surveyor is an expert in their field.
- a professional with formal status
- properties. Never take an agent’s word for it.
- on the surface.
Why do real estate agents give me varying valuations for my home?
The ancient saying that if you ask three agents for three different prices, you’ll get three different answers is often true.
Two things influence the price a given agent offers:
Familiarity with and experience selling similar homes in your area. Apart from that, they may have previously over- or under-priced homes, so their sales record isn’t always correlated with whether or not they got the pricing “right.”
Their Sales Objectives Estate agents are in business, and like most other firms, their goal is to maximize profits. Many agents may quote you a price that far surpasses your expectations in the hopes that you will be sufficiently impressed by their confidence in appointing them over a competition. In certain circumstances, homeowners are the ones to blame.
Your home is only worth as much as someone is willing to pay for it.
Whatever an estate agent says you, your home will eventually sell for the price that someone is willing to pay for it. Several factors influence this figure, the most important of which is the buyer’s assessment of the home, particularly the features that are important to them.
You make the final decision whether you sell through an agent or through Best Price Properties. It’s crucial to have two figures in mind from the start: the lowest price you’re ready to accept and the ideal price you’d like to attain.
Using Best Price Properties
“How do I value my property?” is one of the most popular questions addressed by people selling without an agent.
- Begin with your lowest and desired pricing. An estate agent, ironically, frequently comes up with a comparable amount.
- The Land Registry and a variety of free websites can provide you with the selling price of previously sold similar properties on your street.
- Carry out some local research. Find out how much similar houses in your neighborhood have sold for.
Ask a neighbor who has just purchased or sold a home.
- Speak with your neighbors; they may have recently changed mortgage providers and had a valuation performed.
If you ask an estate agent, they will gladly offer you their advice (while also attempting to sell you their services).
Quick time to market
Once you’ve decided to sell, one of the most crucial considerations for many people is how quickly they can get their home on the market.
It is possible to have your home advertised three weeks faster with Best Price Properties than with an estate agency. Take a look at the two options in the table below