Property:
Do`s
and don`ts regarding your estate agent
When
you are selling through an estate agent remember that they have your
best interest at heart. After all if your house doesn`t sell they don`t
get their commission. Here are some pointers on do`s and don`ts with
regards to conducting business with your agent
- DO
try to build a relationship with the agent. It can work wonders and
you will find that you are getting honest feedback about the marketing
of your home.
- DO
realise that they have other clients too. Agents with lots of properties
on the market generate lots of buyers, which is exactly what you want.
- DO
keep them informed of any changes to your position or circumstances.
- DO
make sure that the agent can get hold of you easily. If he/she has
a client in the office wanting to view your property and they can`t
get in touch with you the buyer may decide to look at another property.
- DO
take the agent's advice with regard to price if your home
has been on the market for more than 12 weeks.
- DO
plan regular updates with them.
- DO
ask them to detail what the marketing plan is, so that you know what
they are doing.
- DO
always keep the communication corridor open. Never let communication
break down to such an extent that neither party wants to phone the
other. You have a mutual interest in selling.
- DON'T
wander into the estate agent's office demanding an update regarding
the marketing. Make an appointment to come in and see your contact.
That way you won't get quickly made-up excuses but a properly thought-out
update.
- DON'T
ring up every time you go out of the house just to let them know that
you will be out.
- DON'T
blame the agent if a potential buyer fails to turn up. It is usually
the buyer's fault.
- DON'T
forget
that they know the market far better than you, especially when it
comes to prices