Hi lovely ladies,
I'm looking for help choosing an estate agent and deciding on asking price strategy. As we were first time buyers last time around, we're very new to the selling side.
Currently torn between Purple Bricks and a well-recommended local firm- please help us choose!
- Purple Bricks obviously appeals because it's a lower cost- plus their local agent has a lot of experience in the area.
- Purple Bricks are recommending going on at a lower price (£300k, with a guide price up to £330k), in the hopes of inducing a bidding war as we'll be the best value property of this type on the market. They valued it at £320k.
- The local agent have agreed to cut their fee to 1%+ VAT (this will still be nearly £2k over PurpleBricks though). They have valued the property at £325k, and are recommending we market at OIEO £325k. My concern is that we'll end up having to reduce the price and waste time by starting too high.
- The only advantage I can see of the local agent is that they already have some potential buyers 'on the books' - but doesn't everyone still check Rightmove?
- We did get a valuation from another agent who we've ruled out, and they valued it at £300k-325k too.
What do you think? We're planning to make a decision tomorrow, so we can hopefully get everything through before the Stamp Duty holiday ends. Thank you in advance.