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Selling - Do I need an Estate Agent?
It is not necessary to sell your home through an estate agent. However, there are good reasons why the vast majority of sellers use estate agents. After all, the estate agent is a professional, and his job is to sell your home for the best possible price.
Why use an estate agent?
If you are not convinced yet, here are more reasons why you should use an estate agent.
- They have an in-depth knowledge of the market
- They can provide you with a valuation of the property
- They will advise on any work you should do to increase the value of your home
- They will know the demand for homes in your area
- They will prepare the brochure and look after the marketing of the property
- Unlike most buyers, they are used to the selling process
- They are experienced at negotiating the best price for their clients
- They will deal with all the viewing arrangements
In short, the estate agent will look after everything and leave you to worry about presenting your home in the best light.
Choosing an estate agent
Your first step is to ask an estate agent to value your home. You may want to ask a second agent for a valuation before you decide. Discuss the marketing strategy they propose to use, and above all, make sure you feel comfortable with the choice you make. It is a good idea to pick an estate agent that knows the area and has sold similar homes previously. You can search our directory to find estate agents in your area.
A joint agency is where you use more than one estate agent to sell your home, and they agree to share the fees.
Fees
The estate agent's fee is negotiable and is normally between 1% and 3% of the sales price, depending on the value of the sale and the amount of work involved.
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