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If we want a quick sale do you think we should go multi agency?

12 replies

nikos · 23/05/2010 21:15

We have been renting out our former home before we relocated and want to sell it when the tenancy comes to an end, so want a sale quickly. Anyone any experience of going multi agency? Would this get us a quicker sale?

OP posts:
daysoftheweek · 23/05/2010 23:33

Ask 10% less than the next nearext thing should work!!

IMHO multi-agency looks desperate and it's usuallu the overpriced ones who have multiple boards here (SW London)

bibbitybobbityhat · 23/05/2010 23:37

No. Have a very reasonable asking price. The buyers will find you .

Sonilaa · 24/05/2010 07:40

make sure the agent post on rightmove, give the agent nice pictures/floorplan to post there.

NoahAndTheWhale · 24/05/2010 07:42

We had one agent and priced it at a reasonable price and sold within 3 weeks

bamboobutton · 24/05/2010 07:56

when we were looking for a place (renting) we were always put off houses we saw in multiple agency windows.

we were worried that we would put an offer in at one agengy but that the agency down the road had got there first and the house had gone.

not sure if that would be a problem in the buying market but when we start looking to buy we will not go for houses that are listed with multiple agencies. as dayoftheweek said, it looks desperate.

i would stick with one agent and get them to put as many photos as possible on rightmove.com etc.

HerHonesty · 24/05/2010 08:23

no. go with one agent, check they are on both prime location and right move, and have a good asking price.

sowhatis · 24/05/2010 08:27

go with one and keep the price reaonsable. about to drop another 10k off our house this morning!

MarthaFarquhar · 24/05/2010 08:31

agree with those who've said keep the price low and stick to one agent. we accepted an offer on out flat in 3 weeks, and completed in another 6, right in the middle of the financial crash in '08, just by being slightly underpriced. We drove a hard bargain on the place we were buying and recouped any perceived "loss".

nikos · 24/05/2010 09:32

Thanks a lot folks. Seems the concensus is price low and go with one. Did any of you negotiate the estate agents fees because you were willing to drop the price?

OP posts:
JamieJay · 24/05/2010 09:34

Agree with others, multiple agents can give the wrong impression - and I think a hell of a lot of people look at websites like rightmove these days rather than going to individual agents so multiple agents won't necessarily gain you anything any how.

Set a realistic/good price, get rid of clutter, have a good clean, good photos - all the normal things

SparkyUK · 24/05/2010 21:04

It's worth negotiating a reduced tie-in though. This sets a little fire under the feet of the agent you choose and means that if it isn't working out, you can start a sole-agent agreement with someone else. You don'w want to have to wait 3 months to do that, if you arnen't getting viewings...

traumaqueen · 24/05/2010 21:18

Definitely negotiate fees and tie-in AND ask what they do to publicise and ask about an open house day

The more realistic your price the quicker it will sell and less time and effort for them before they get their cash so you could be in a good position to negotiate on fees

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