Pros and cons, same EA for your sale and buyers?
Discussion
Seen a house we like, the selling agent seems ok as agents go.
But are there any pros/cons people are willing to share, for using the same agent/EAs for your sale too?
I can think of some notional pros and cons but I’ve surprisingly never been in a proper chain, always bought in or sold out of the market.
I suppose this happens by chance fairly regularly too.
Many thanks for any advice or things to look out for.
But are there any pros/cons people are willing to share, for using the same agent/EAs for your sale too?
I can think of some notional pros and cons but I’ve surprisingly never been in a proper chain, always bought in or sold out of the market.
I suppose this happens by chance fairly regularly too.
Many thanks for any advice or things to look out for.
In my experience using the same solicitor is where you may have to get a third party solicitor to explain things to you and sign to say there's no coercion or misselling going on. Not aware of any issues using the same agent, as like you say in small towns and the like it's almost guaranteed.
Just make sure it is the same agent working on it, rather than just the same agency.
I completed in the summer and used the same EA to sell as the property I was buying. Turned out different members of staff were dealing with each property, even though they were only a few miles apart, so you'd have thought they'd be under one persons portfolio.
May as well have been on different planets. As things dragged on slightly, I would get calls from the buying agent asking who the selling agent was so they could chase them up
So in my experience, it doesn't make a blind bit of difference. Just choose a good one, or if you're confident you have a desireable property and you know the price you wish to achieve, use the cheapest, and do all the legwork yourself.
I completed in the summer and used the same EA to sell as the property I was buying. Turned out different members of staff were dealing with each property, even though they were only a few miles apart, so you'd have thought they'd be under one persons portfolio.
May as well have been on different planets. As things dragged on slightly, I would get calls from the buying agent asking who the selling agent was so they could chase them up
So in my experience, it doesn't make a blind bit of difference. Just choose a good one, or if you're confident you have a desireable property and you know the price you wish to achieve, use the cheapest, and do all the legwork yourself.
Using the same office of the same firm, ideally with one specific switched-on person handling the entire thing, can be advantageous and help to smooth out any bumps in the road.
There is not much to be gained by using the office of agent A in Kent when you're trying to buy with Agent A in Berkshire.
There is not much to be gained by using the office of agent A in Kent when you're trying to buy with Agent A in Berkshire.
Yes as I understand it it’d be the sales manager of the local EA doing both, so essentially dealing with himself.
I’m not sure how many agents they have but it’s one of the main ones in the Harrogate area.
It feels like a good alignment of interests to do this, but was struggling to spot any negatives… but that doesn’t mean there might not be some that are at least important to be aware of or look out for.
I’m not sure how many agents they have but it’s one of the main ones in the Harrogate area.
It feels like a good alignment of interests to do this, but was struggling to spot any negatives… but that doesn’t mean there might not be some that are at least important to be aware of or look out for.
I considered this recently but decided that the most motivated person to get the best price and chase through a sale was me so I used Strike to advertise it for free on Rightmove and I did the rest. Saved me £20k in fees plus I didn't need to rely things through a third party I just did all the chasing myself. Probably didn't make friends due to my persistence but everyone got a shift on.
Have done it in the past where we really wanted a move to happen quickly - relatively simple modern estate home. We've moved quite a bit and one thing I would suggest is that it's in their interests to sell your home to get 2 lots of commissions but I've found that means easiest sale not the best price.
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