Hi,
Brief bit of background- we were on the market last year with no success. Our house was overvalued, I suspect tactically, as their fee was a fixed fee of the original asking price, so when we inevitably reduced by 5% quite quickly, they'd still get the higher fee. That said, we did negotiate with them slightly on that.
This EA was generally a bit hit and miss. Would be great with communication one minute, then a bit rubbish the next. They have a member of staff which they just use for Saturday viewings, who tbh isn't great, which isn't a good thing when most viewings are done on a Saturday!
Anyway, we came off at the end of last year and have now decided to go back on, as the market seems to have picked up a bit.
We were in talks with another EA, which is more expensive than our old one, but offer more I would say and we also liked the idea of fresh marketing with a new agent.
We were all ready to sign, when our old EA calls to say they have just sold another (almost) identical house over the road from us for over their asking price in only a few days and that it was a bit of a bidding war and there are two buyers who missed out who would definitely be interested in ours. Both chain free.
Now, obviously those buyers would go through any agent to view our house and have no loyalty to this EA, but given their fee is more than a grand lower, I'm now torn.
Should we just go back to our old EA or would you pay the extra money for fresh marketing in case these buyers aren't interested in the end and we then have to go back to the drawing board. We don't want to be stuck with our old EA going stale like we did last year.
WWYD?