How to Choose the Right Estate Agent
If you’re looking to sell your property, the first thing you’ll want to do is to select an estate agent. Since property selling isn’t something most of us do on a regular basis, an estate agent will help guide you through the entire process so that you get interested parties for your listing, achieving the highest price for your property. Even if you’re looking to rent out your space or need someone to manage your property or a building, instructing an estate agent can be very useful. There are many estate agents in London, so knowing what to look for can be very helpful whilst you do your search, so once you found the right one you should feel comfortable and gain full confidence in them. Here are some helpful tips on choosing the right estate agent for your needs:
So before you go out looking for the right estate agent, you should decide if you want to go with a traditional estate agency or try out a more modern online one. A traditional agency is one that has an office and will take care of everything when selling your property. You’ll have to pay them a fee when the sale is completed and if the property isn’t selling, you will not be liable to pay the anything. Online agencies have an up-front fee before placing your property on the market. Once the property is on the market, you will have to accompany all viewings yourself and once an offer is agreed you will need to follow through the transaction with your solicitor until contracts are exchanged and completed.
Before you decide to appoint an agency, do your research, invite few local estate agents who you may possibly like to appoint and work with. As for referrals from friends and family, you must check all the paperwork and marketing details to confirm you are happy with the advert so when potential buyers do a search online they will be able to see your property details. Make sure that the agents you have chosen to work with are professional and belong to an industry governing body like the Property Ombudsman, NAEA etc. Choose the agent who meets your criteria. Make a list of questions and have them provide to you with detailed plan of action for your questions list. You must ask the agent to clarify the fee structure.
Once you’ve chosen the right estate agency, it’s time that you work together as one team to gain the mutual goal. Don’t hold back asking questions during the selling process and make sure they keep you in the loop about everything. If they aren’t working as a team who works in your best interest, perhaps it’s time to look for an alternative agent who surely will.
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