The Worrying Stats
Estate agents on the whole, tend not to have the best reputation, in fact, 75% of the population don’t trust them according to THIS latest research.
All too often, property owners make the important decision of which estate agent to instruct, after having simply spent a couple of hours inviting them round to give their opinions, and then basing their decision on what they hear during that time. In my experience, property owners ask very few questions and if they do, they are usually the wrong ones.
This is probably why around 50% of property owners end up needing to change estate agents before eventually selling their property.
Unfortunately, when owners change estate agents, they are usually advised to reduce their asking price by between 10-15%, in order to sell. No-one wants to buy the house that no-one else wanted to buy… unless it’s cheaper enough! According to Zoopla the average reduction in asking price is £25,000 and the average house sells for only 96% of it’s asking price according to THIS research. Based on the national average asking price of £250,000 and national average sold price of £218,000… that’s £32,000 LESS
My aim, with this website, is to ensure that you as a property seller do not fall into the trap of choosing the wrong estate agent in the first instance, therefore avoiding having to change estate agents, reduce your home’s price and costing yourself thousands of pounds and months of wasted time.
To begin with, I think much more research and time should be invested when considering which estate agents to contact (I have an e-guide for that). Once you’ve made your shortlist, you can then begin to ask each one a number of very important questions.
Many sellers restrict themselves to the usual: “How much is my property worth?” and “How much will you charge me?” WELL NOT ANY MORE.
My suggestions however, will give you a more detailed and in-depth insight into their respective services and approach – much more useful information which will help you to make the right decision from the outset.
All the best,
p.s. Would you like more impartial advice? Head on over to my FREE eGuides page by clicking here.