Online Estate Agents
Discussion
Do you need to sell quickly? If so, I would use a local agent, who has a database of local buyers and is easily accessible to potential purchasers. If you're just flirting with the idea of selling then there's no harm in trying out an online agent, although bear a few things in mind: 1. You are paying them regardless, you'll only pay a local agent once the house is sold, how confident are you in achieving a quick sale? 2. The agents address on your advert online will be for somewhere completely different to the location of the house, which could make buyers wonder why. 3. Their valuations can be ridiculous (if they even provide that service) as they are unlikely to have local area knowledge. 4. Will the house/area sell itself or are you going to need someone pushing it to find a buyer? An online agent won't do this for you. 5. How much support do you want through the process once you've found a buyer? Again, you'll get a lot more from a local agent.
I personally think a good, local agent is a valuable asset for selling your house, but I agree they don't come cheap (but they also don't get paid until they've seen the process through)
I personally think a good, local agent is a valuable asset for selling your house, but I agree they don't come cheap (but they also don't get paid until they've seen the process through)
wellzee said:
Do you need to sell quickly? If so, I would use a local agent, who has a database of local buyers and is easily accessible to potential purchasers. If you're just flirting with the idea of selling then there's no harm in trying out an online agent, although bear a few things in mind: 1. You are paying them regardless, you'll only pay a local agent once the house is sold, how confident are you in achieving a quick sale? 2. The agents address on your advert online will be for somewhere completely different to the location of the house, which could make buyers wonder why. 3. Their valuations can be ridiculous (if they even provide that service) as they are unlikely to have local area knowledge. 4. Will the house/area sell itself or are you going to need someone pushing it to find a buyer? An online agent won't do this for you. 5. How much support do you want through the process once you've found a buyer? Again, you'll get a lot more from a local agent.
I personally think a good, local agent is a valuable asset for selling your house, but I agree they don't come cheap (but they also don't get paid until they've seen the process through)
^Well said. A good agent can cover the cost of their fee by being able to negotiate a higher sale price. I personally think a good, local agent is a valuable asset for selling your house, but I agree they don't come cheap (but they also don't get paid until they've seen the process through)
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