It is incredible that so few agents regularly accompany buyers around a property, leaving it to the seller to do all the work! No only does this strike us as poor service, but accompanied viewings from a well-trained sales negotiator have a far greater chance of success, for the following reasons:
In an ideal world, once a tenant has been found, it would be good to think that you, as a landlord, can simply sit back and watch your investment deliver the anticipated return on investment without further involvement. Indeed, this is one of the reasons why some letting agents only offer a tenant finding service.
Simple really – or is it?
Estate agents’ market valuations are usually free, and because of this, it is very tempting for prospective sellers to invite a number of agents to comment and then select the agent that suggests the highest likely sale price for the property.
However, we advise caution on this issue. Some agency “valuers” are paid bonus on the number of new instructions they secure, irrespective of the saleability of the property offered for sale at their suggested value. The easiest way for an estate agent to win your business is simply to suggest a flatteringly high figure, but many people who fall into this trap live to regret it.
Last week…Wednesday’s budget was noticeable for the absence of any mention of the housing market. This oversight was met with derision from almost every organisation with an interest in the property sector. There has been a succession of housing ministers over recent years, each of which has introduced several, mostly ill-considered, policies which have effectively damaged the sector by tinkering with it, rather than by providing serious reform.
Selling your property is easy. Just advertise it on line and wait for the buyers to flock to your door!! If only!
Sadly, too many estate agents rely on this approach, which inevitably results in disappointment. Indeed, in some respects finding the buyer is the easy bit, but, when you think about it, there is far more to moving than simply finding a buyer.
Some agents have introduced a number of concepts and innovations which they hope will impress you enough to sell your property through them, yet we do not believe that every apparent “tool” at an agent’s disposal is necessarily to your best advantage.
There are many styles of estate agency operating in the Peterborough area and picking the right one to sell your property can be daunting.
Different agencies provide a variety of services, yet some people are unaware of the indirect benefit that apparently unrelated services can offer. Whilst you may be thinking of selling rather than letting your property, have you considered the benefit of instructing an agent who also provides letting services – as we do – as it could be the make or break of your sale, for a number of reasons.