Getting to know estate agents
Which? The research organisation has revealed that the majority of people are satisfied with the service provided by their estate agent.
The research organisation surveyed 1990 members of the general public in June 2015 about their experiences of buying and selling property in the UK. And they found that 65 per cent were either FAIRLY or VERY satisfied with their estate agent. Only 16 per cent were FAIRLY or VERY dissatisfied and the rest didn’t feel strongly either way. If you’re looking to get a mortgage, it’s worth speaking to an adviser to get tailored advice for your circumstances. Here is our guide to buying a house through an estate agent It’s fine to search online, you’re much more likely to find your dream home if you get out into the area you’re hoping to buy in and register face- to- face with estate agents. Start with the agencies that are selling flats or houses in your price range and in the style you’re looking for, but don’t limit yourself. Be friendly and clear about what you want and keep in contact so they will think of you first when something comes up. So that you can remain focused and get the best deal when you do find that perfect house, download our free checklist of questions to ask the estate agent if you’re a buyer.
How do you choose the best estate agent?
Try to make a shortlist of three good agents as this gives you a decent range of views, and invite each to give you a property valuation. Although of course getting a good selling price will be top of your list, don’t automatically go with the agent that offers you the highest valuation - they may be overvaluing your property in order to get your business. Make sure you check exactly what services they offer and whether you will have to pay extra for them, for example: Will they conduct viewings, or will you need to?
• What marketing materials will they prepare? For example, floorplans, photographs or virtual online tours Where will they advertise? For example, newspapers, online property websites? Will they provide a For Sale board? Why has the owner decided to sell? How long has the owner lived there? If they are moving out after a relatively short time, it’s a good idea to find out why. Do they know what might be included in the sale? For example, will it include any appliances such as the washing machine? What is the minimum price the seller will accept? How long has the property been on the market? If it’s been on for a while, the owner may be willing to accept a lower offer. Have they received any offers so far? How many viewings of the property have there been? How much is the council tax for the property? Be organised and prepared as you find out the best way to buy property.
CHOICE: Try to make a shortlist of three good agents as this gives you a decent range of views, and invite each to give you a property valuation.