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what do I ask estate agents coming to value house?

6 replies

ReshapeWhileDamp · 24/05/2010 19:11

Really, really basic question. But... I have five estate agents coming tomorrow for valuations, all hopefully at different times. (yes, five. it was three, then the guy from the agency where we registered an interest in a house said he could do us 'competitive' fees, and I thought I might get a nation-wide agency too, not just local ones.)

What sort of things should I be asking them? I'll ask them whether the house will be searchable on Rightmove and Prime Location, but am clueless about other stuff.

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SparkyUK · 24/05/2010 21:00

The main thing we should have asked was:
What hours do you do viewings?

One firm we used only worked until 6 which meant, in London at least, that basically they couldn't do viewings during the week.

I think next time we will call around on a thursday and friday and try to make viewings to see a place on the saturday. I've been really frustrated at not being able to get a viewing without giving like a week's notice and would be horrified if I found out that my agents were too busy to show my place. You can ask them about that, but it might be better to do some spy work.

Despite the general slow down, our particular neighborhood has remained popular and we should have negotiated a bit more with agents. You might not be able to do that at the first meeting but if you narrow it down to a few perhaps you can call and say, we've narrowed it down and think you can do a great service, but can you come down at all on your rate?

We negotiated with two firms and they agreed to let us use both of them and still only charge the sole-agency rate. I think it is definitely at least worth negotiating down the tie in period.

We weren't very happy with one of the agency's write up. It was very spartan and just didn't sell the place very well. We should have read his existing ones to get a better sense of this before hand.

What else... One of the firms had another property on that was just one block over that was under offer and they had a buyer who hadn't gotten that place but was very interested in the neighborhood. We didn't go with that firm but I'm 75% sure that our buyer was indeed that buyer, but registered through another agency They'll probably bs a bit, but its worth asking about what properties they've sold in your neighborhood and who they have on the books already.

They should definitely advertise in Rightmove and find a property.

I think it's also worth asking what you can do to make the house more marketable. Fresh set of eyes might have some tips you hadn't thought of.

azazello · 24/05/2010 21:05

Check that they do floorplans! Otherwise, see which ones seem to like your property the most. They won't necessarily give you the best valuation but are much more likely to be able to sell it if they like it than if they're saying its all a bit shabby etc.

ReshapeWhileDamp · 25/05/2010 12:15

Thanks, these are really good tips! Have already had two of them come round, and I feel a lot more confident in asking them how they'd sell it.

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BariatricObama · 25/05/2010 12:16

how do you sleep at night?

notasize10yetbutoneday · 25/05/2010 12:19

Check how long you will be tied into a contract with them for- ours wanted us for 6 months! Which we negotiated to 3.

Ask whether they expect you or them to do the viewings.

It may be a bit late now, but can you pose as a potential viewer for one of the properties they already have on the market, so you can see how they are at taking viewings?

ReshapeWhileDamp · 25/05/2010 12:37

I could get DH to pose as a buyer, since he's not here today to see the agents. Haven't asked them about how long we'd be tied in, but I can do that when we decide who we'll go with.

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