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How to get estate agents to listen to what I'm asking for

56 replies

xylofone · 19/10/2022 07:34

Feel a bit daft asking for help on this, but I'm struggling.

Soon to engage the services of an estate agent - will get 3 quotes - and want to get the message across to them that I'm not looking for a quick sale, or a swift reduction in price, to get one. I'll hold out, possibly for several months, to get the very best price. Naice house in naice area and no chain. I'm moving to live with family so won't be buying another property.

Have tried getting this message across when phoning round agents but they don't seem to get it and say they'll aim to sell as ASAP even if I need to take a hit. No!!!!

I know they want their commission as soon as possible but I need them to be on board with my approach. I want to get as much as I can for my property and I'm in no rush to sell. Surely that's not too difficult to understand. I'm in a highly sought after location; houses don't hang around for long.

How do I phrase this so they listen and understand where I'm coming from? I'm an intelligent, generally assertive, person capable of stringing sentences together but don't seem able to communicate in a mannar that estate agents are prepared to comprehend.

Please help me to talk in estate agent speak so they grasp where I'm coming from.

OP posts:
Sindonym · 20/10/2022 06:55

Motnight was selling in a different market though. There are times when it is sensible to hang on. I don’t think now is one of those times. All the talk is of people being unable to afford their mortgages within months - that’s not a market where prices rise.

Sindonym · 20/10/2022 06:57

Oh and motnight held on for three weeks. I’d be surprised if you were swamped with offers in 3 weeks at the moment. A year ago maybe.

BookwormButNoTime · 20/10/2022 07:22

You are better off listing it at an attractive but “offers in excess of” price which is lower than what you want. You’ll get buyers through the door and they will be clear on price expectations.

If you list it too high then people aren’t stupid. They know it’s overpriced. A house is only worth what someone is prepared to pay. With rising interest rates and potential for a drop in the housing market right now, you almost certainly won’t get the price - ever. Stale properties (ones that have been on the market for more than three months) put people off and they are even more likely to put in lower offers.

toulet · 20/10/2022 07:34

You don’t need to say anything, just over price it. You will get no viewings and no one will buy it as you seem to wish.

Basically this.

toulet · 20/10/2022 07:35

Why not just hold off if you are happy to wait months?

toulet · 20/10/2022 07:37

But it may be years for the market to recover

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