Last Updated on January 8, 2023 by Faiza Murtaza
It’s critical to pick the right estate agent for you when selling your home. It’s important to remember that high-street estate agents including estate agents in Leeds work on commission, which means you’re in a strong position because they don’t get paid unless your property sells. That is why it is critical to shop around for the best estate agent to sell your home.
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Make a list of roughly six agencies you’d want to work with. Check with your friends and neighbours to see if they have any recommendations. You’ve probably seen For Sale signs, newspaper adverts, and promotional pamphlets via your letterbox. Which ones pique your interest? Take a walk down your local high street and peek in the windows of the real estate offices. Which ones are the most intelligent and appealing? For unresolved complaints, all estate agents must be members of an Ombudsman scheme. Some are members of trade associations such as the NAEA Propertymark (formerly the National Association of Estate Agents) or the Royal Institution of Chartered Surveyors (RICS) (Royal Institution of Chartered Surveyors). All competent agents should follow codes of behaviour to guarantee that they are treated professionally.
Analyse if they will be best for you
Find out if they are the right estate agents for you and pay them a visit. It’s tempting to email or phone these agents right immediately, but visiting their offices to schedule appointments will give you a far better feel of who they are and what they’re like. You’re about to entrust them with what is likely to be your most important asset, so you want to be sure they’re someone you can trust and get along with. How do they react to you when you walk in? Do you feel at ease here? Are they beneficial? Is the atmosphere professional and welcoming? Make the appointment if you are at ease. It’s advisable to move away if this isn’t the case.
What to look out for during property valuation?
Pay attention to the agent’s punctuality, friendliness, professionalism, and knowledge when they come. They’ll tell you what they think the asking price should be and how much the house might sell for in the end. You may be pretty certain that all of the agents’ estimates are correct if they are similar, but don’t be startled if one of them comes up with a completely different figure. They might know something that none of the others do! Always insist on seeing examples of similar properties on the market and those that have sold to back up their claims about the worth of yours.
Explain what you need
A qualified agent will want to know about your situation and requirements. Perhaps you need to sell by a certain date due to a work transfer or because you’re expecting a baby and need to relocate. Assist them in assisting you. Tell the truth about your situation and why you’re selling. Everyone has unique needs, and a smart agent will cater their services to meet those needs.
You’ll have a general sense of how these agencies present properties for sale based on your initial research, but you’ll want to know what they’ll do for you and how they’ll advertise your property. Inquire whether they have any “hot” potential customers on their books. Find out if they will accompany others who come to see the exhibit. Inquire about how often they will contact you to keep you updated on how things are progressing. Find out what they do once a sale is agreed upon, as a reputable agent will be able to tell you about “sales progression,” which is critical to ensuring the sale goes through.
To sell your home, the agent will charge a commission. Fees are frequently calculated as a percentage of the sale price. There could be additional expenses for things like advertising or photography, as well as a fee if you decide not to sell the home. A professional agent will go over everything with you in detail, and there should be no surprises. The amount you pay will be determined by the services provided by the agent and whether they are your “single agent” or one of several. Make a value evaluation based on the services provided by the agent, and don’t assume that the cheapest option is the best. It’s not always the case.
Choosing an estate agent and working with them
You’ve met the agents, gotten their pricing opinions, learned what they’ll do for you, and know how much they’ll charge. There’s also the fact that “people purchase people,” thus some people will almost surely appeal to you more than others. It’s time to make a decision based on all you’ve seen and heard. You have the option of appointing simply one or numerous agencies. In practice, it’s usually ideal to have just one “single agent.” You’ll pay a smaller charge, and the agent will focus their efforts on the property because they know it has a good chance of selling. The sole agency agreement will be in place for a set amount of time.
They will begin the process of putting your property on the market after you have made your decision. Our final piece of advice concerns what will occur in the future. Consider yourself and the agent to be teammates. You’re collaborating to locate a buyer who will pay the highest price for the home in the shortest amount of time possible. If you work closely together, you’ll have a better chance of succeeding.