Real Estate

Choosing Estate Agents to Sell Your Property

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Choosing the right estate agent to sell your property can be a difficult task, but it is vital that you pick the right one so that you get the best possible return on your property.

Title is also important when selling your property, in order to ensure that all of your legal obligations are met, and that you are protected against any possible future litigation. A good agent will ensure that they have a good understanding of all the legal obligations required to sell and market the property effectively.

There are many factors to consider when choosing an estate agent to sell your property, and below are some of the most important:

Experience

How much experience does the agent have in the area? Is there a long list of previous clients you can look through? Does he or she have a contact network with other agencies? Have they sold properties in similar areas before? Are they willing to show you testimonials from previous clients?

Price

What is their fee structure? Some agents charge a basic fee plus commission based on a percentage of the sale price. Other agents charge a flat fee and offer no further commission. Make sure you find out how much each agency will expect from you as part of their fees.

Affiliations

Check if they’re members of their relevant professional bodies, like the National Association of Estate Agents (NAEA), and that they have a good customer satisfaction rating. If they don’t, stay away!

Type of properties they sell

Look at their website and see what kind of properties they sell and how they market them – do their images represent the property well? Look for local knowledge, even if it means paying more for that knowledge.

Find out what kind of properties they sell – do they only sell detached houses or also flats? Do they only sell new-builds or also pre-owned homes? Will they let you use your own solicitor or do you have to use theirs?

Tip: Consider Adding Value Before You Start Selling

A good way to add value to a property is by carrying out some improvements before you put it on the market. This could include things like adding double glazing, refurbishing the bathroom or kitchen and adding a conservatory.

Adding value to a property takes longer than just getting it ready for viewings and putting it on the market, but in the end it could make all difference between securing a sale at a good price and having properties go unsold while they’re on offer.

Tip: Have Your Property Appraised Before You Put It On The Market

It’s important that you have an accurate idea of how much your home is worth before you put it up for sale. You could hire an independent valuer or pay an estate agent to do this for you. Having an idea of how much money you can expect from the sale of your property will help you decide whether or not it’s worth going ahead with the sale.

 

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