Need to sell a house , any help?

Need to sell a house , any help?

Author
Discussion

anonymous-user

Original Poster:

60 months

Wednesday 12th March 2008
quotequote all
Anyone on here up on selling houses , need rid of one , i am green when it comes to this and need some help?

Thanks in advance

Paul

purdy84

2,170 posts

215 months

Wednesday 12th March 2008
quotequote all
Estate Agent? winkbiggrin

anonymous-user

Original Poster:

60 months

Wednesday 12th March 2008
quotequote all
Lol , not wanting to get raped on fees & bullshize , there as bad as car dealers!

thanks though fella

p

purdy84

2,170 posts

215 months

Wednesday 12th March 2008
quotequote all
ebay?

B16 FYS

1,930 posts

214 months

Wednesday 12th March 2008
quotequote all
996RS_Man said:
Anyone on here up on selling houses , need rid of one , i am green when it comes to this and need some help?

Thanks in advance

Paul
Paul,

thought you were house/mortgage free!!!!

more to spend on pork

anonymous-user

Original Poster:

60 months

Wednesday 12th March 2008
quotequote all
B16 FYS said:
996RS_Man said:
Anyone on here up on selling houses , need rid of one , i am green when it comes to this and need some help?

Thanks in advance

Paul
Paul,

thought you were house/mortgage free!!!!

more to spend on pork
Not mine fella , one one the rents but i have been given the go ahead to do the deal as they are too busy with work!

P

Kurtblythman

2,856 posts

200 months

Wednesday 12th March 2008
quotequote all
purdy84 said:
ebay?
Get it on Ad-Mag aswell then

ol

2,386 posts

214 months

Thursday 13th March 2008
quotequote all
Estate agent - say you'll only put it on if they charge you either a set amount (offer 1% NO more) or a fixed fee. It depends on what the price is, but i just put my house on with another agent this morning, and made them agree to 1% on a house selling at around £115.
Not too bad i thought...

anonymous-user

Original Poster:

60 months

Thursday 13th March 2008
quotequote all
Thanks OL , in this case it would be circa £4k which i would rather have for myself , i would agree to a £1000 fee but no more , currently in talks! smile

Thanks

Paul

ol

2,386 posts

214 months

Thursday 13th March 2008
quotequote all
Yeah valid point. If you phone a few of them saying " X-agent said they'd sell it for a fixed price of £X" then they'll usually try to compete.

Remember that estate agents are having a terrible time at the moment, so the more houses they can get on their books the better for them. I've got mine on multi-agent, making them all agree to sell it for the same fee, which in some cases is less than half their normal fee.

I'm sure most would rather take you on their books at a lower fee than not having you at all.
The problem is that they wont market it as much in the newspapers and the like, but 90% of house sale enquiries come from their web advertising anyway so you should be OK...

If you dont want to go down that route, try things like E-Bay to generate interest, put a FOR SALE sign outside with your number on, and look at websites like 'right move'

RICHARDL

74 posts

273 months

Thursday 13th March 2008
quotequote all
^^what he said^^, EA are on their arses at the moment - a large independent here has just made 10 people redundant - so haggle on the fees.


rfisher

5,024 posts

289 months

Saturday 15th March 2008
quotequote all
PM me the details.

I'm moving into Geordie land for work shortly.

After_Shock

8,751 posts

226 months

Sunday 16th March 2008
quotequote all
996RS_Man said:
Lol , not wanting to get raped on fees & bullshize , there as bad as car dealers!

thanks though fella

p
What you mean as bad as car dealers, that hurts!

Negotiate with estate agents as has been said, they are always dealable, if thats a word!?

minimax

11,984 posts

262 months

Tuesday 25th March 2008
quotequote all
ol said:
Estate agent - say you'll only put it on if they charge you either a set amount (offer 1% NO more) or a fixed fee. It depends on what the price is, but i just put my house on with another agent this morning, and made them agree to 1% on a house selling at around £115.
Not too bad i thought...
not always the best tactic, agents work differently. find out how the office commission is divided - communal, individual...do the agents even get commission? do they employ saturday girls on the weekend or do the negs do shifts? do they have an accompanied viewer or to the negs do the viewings?

this way you can work out how motivated the individual negs will be to sell your house. then you start to talk about fee. best advice is to multi it with 2 max 3 agents, over-exposure is a common complaint "why have I seen this house with andrew craig/pattinsons/your move also? they must be desperate to sell, bet they'll take a low offer" is what results.

the best setup is an office running individual commission with the negs doing their own viewings and also their own shifts on the weekend. for this you will pay extra but who really cares? would you jeopardise the right price for your car by not paying autotrader and only keeping it in admag?

couple of hundred either way means jack smile

other questions to ask:

does the valuer call out new instructions? how many applicants do they have per neg in your price range? do they show requirement to requirement? (bin them if not...! it'll be almost pointless) what are their qualification questions? how many viewings per neg are they tarageted? what is their vendor management regime?

I could go on..smile


minimax

11,984 posts

262 months

Tuesday 25th March 2008
quotequote all
ol said:
Remember that estate agents are having a terrible time at the moment, so the more houses they can get on their books the better for them. I've got mine on multi-agent, making them all agree to sell it for the same fee, which in some cases is less than half their normal fee.

I'm sure most would rather take you on their books at a lower fee than not having you at all.
The problem is that they wont market it as much in the newspapers and the like, but 90% of house sale enquiries come from their web advertising anyway so you should be OK...

If you dont want to go down that route, try things like E-Bay to generate interest, put a FOR SALE sign outside with your number on, and look at websites like 'right move'
as an agent having lots of properties sitting on your books in a market with low confidence is a stter, paying for advertising etc and not being able to sell it due to a inaccurate market price is not what you want.

if an agent thinks he can sell it he will acquiesce to demands for fee reduction but if he thinks the price is toppy and he does not detect realism in you regarding this they quite often will look at you and advise you to come back to him when so&so agent haven't sold it for you.

when there are plenty of properties coming to the market to sell, they won't need to be that choosy.

as with most things in life, either you close him or he closes you.. feel free to ask industry questions if you like..smile biggrin

(minimax - Mortgage Broker/Estate Agent)

ol

2,386 posts

214 months

Wednesday 26th March 2008
quotequote all
minimax said:
ol said:
Remember that estate agents are having a terrible time at the moment, so the more houses they can get on their books the better for them. I've got mine on multi-agent, making them all agree to sell it for the same fee, which in some cases is less than half their normal fee.

I'm sure most would rather take you on their books at a lower fee than not having you at all.
The problem is that they wont market it as much in the newspapers and the like, but 90% of house sale enquiries come from their web advertising anyway so you should be OK...

If you dont want to go down that route, try things like E-Bay to generate interest, put a FOR SALE sign outside with your number on, and look at websites like 'right move'
as an agent having lots of properties sitting on your books in a market with low confidence is a stter, paying for advertising etc and not being able to sell it due to a inaccurate market price is not what you want.

if an agent thinks he can sell it he will acquiesce to demands for fee reduction but if he thinks the price is toppy and he does not detect realism in you regarding this they quite often will look at you and advise you to come back to him when so&so agent haven't sold it for you.

when there are plenty of properties coming to the market to sell, they won't need to be that choosy.

as with most things in life, either you close him or he closes you.. feel free to ask industry questions if you like..smile biggrin

(minimax - Mortgage Broker/Estate Agent)
Hi Tom, hows the Mortgage world treating you?
I dont know if you remember sorting mine out for me a year or so ago when i had the Vectra and that horrible little 106 that looked like it was made by Halfords?
I recently bought a new house and went back to 'your mortgage team' who were very helpfull actually. We were chatting about you when i was sorting it out.
Have you still got the Elise?

minimax

11,984 posts

262 months

Wednesday 26th March 2008
quotequote all
ol said:
minimax said:
ol said:
Remember that estate agents are having a terrible time at the moment, so the more houses they can get on their books the better for them. I've got mine on multi-agent, making them all agree to sell it for the same fee, which in some cases is less than half their normal fee.

I'm sure most would rather take you on their books at a lower fee than not having you at all.
The problem is that they wont market it as much in the newspapers and the like, but 90% of house sale enquiries come from their web advertising anyway so you should be OK...

If you dont want to go down that route, try things like E-Bay to generate interest, put a FOR SALE sign outside with your number on, and look at websites like 'right move'
as an agent having lots of properties sitting on your books in a market with low confidence is a stter, paying for advertising etc and not being able to sell it due to a inaccurate market price is not what you want.

if an agent thinks he can sell it he will acquiesce to demands for fee reduction but if he thinks the price is toppy and he does not detect realism in you regarding this they quite often will look at you and advise you to come back to him when so&so agent haven't sold it for you.

when there are plenty of properties coming to the market to sell, they won't need to be that choosy.

as with most things in life, either you close him or he closes you.. feel free to ask industry questions if you like..smile biggrin

(minimax - Mortgage Broker/Estate Agent)
Hi Tom, hows the Mortgage world treating you?
I dont know if you remember sorting mine out for me a year or so ago when i had the Vectra and that horrible little 106 that looked like it was made by Halfords?
I recently bought a new house and went back to 'your mortgage team' who were very helpfull actually. We were chatting about you when i was sorting it out.
Have you still got the Elise?
Hi fellow! not doing too badly, down in SW london working for Foxtons still doing mortgages but also now estate agency too, not a bad market down here still, which is nice smile

still got the Elise, just spent about 2k on it as haven't had time to use it for the last 6 months (i'm contracted for 68 hours per week minimum) and it's been sitting at a friends house in croydon rotting...eek

hoping to change the cambelt next week then it'll be back in the game properly!

how are things with you? glad YMT were good to you again, was it paul? he was my old gaffer, good chap smile