Questions to Ask an Estate Agent
We received a call recently from a retired gentleman who had lived in the same house for more than 40 years.
He was relocating to be closer to his family and was selling his property for the first time and unsure what to ask agents.
The advice we gave him is what we share with anyone looking to put their home on the market in Elmbridge.
Get three agencies around to value your home. And ask them the following questions:
How many years’ experience do you have in the local market?
On what comparable evidence are you basing the valuation on?
What do I get for the commission fee you are charging?
How will you market my property? And what is the strategy behind your marketing?
When we go on a valuation visit we are ready for pretty much any questions, well maybe aside from nuclear physics or the behavioural habits of a lesser spotted wombat.
But perhaps the best and most telling question you can ask any estate agent pitching to be instructed is this:
What percentage of homes that you are instructed to sell do you get a sale agreed on?
They may not be able to tell you on the spot but with a little bit of simple research they should be in position to answer that question.
For us at James Neave we take pride in the percentage of homes we get instructed on and see through to a successful completion,
Why? Well we put our success down to two main things.
Firstly, we always price as accurately and honestly as possible. An overvalued property simply stays on the market for a lot longer than it should do, which does the vendor absolutely no favours in the long run.
Secondly, we are a dedicated team with many years local estate agency experience to share with our clients and can provide the thing they want most.
Which is getting the best price for their property in the shortest amount of time with the least amount of stress.
And we’ll stay answerable to that.
Thanks for reading,
James Neave the Estate Agents