It’s unwise to pay too much

Selecting the right estate agent for you!

When it comes to selecting the right estate agent for the sale of your property<, it can be a daunting process, hopefully the following post may assist your decision.

A good local reputation and strong knowledge of the area together with recommendations from existing clients who have already sold can all be very helpful. However we are now seeing an improving market and we believe that reading this market to make sure we ask the right price for your property has never been more important.

We believe in treating our clients as individuals spending time to truly understand the service they are looking for, to enable us to achieve the best results in the best possible timescale.

As property prices rose over the last few decades it became almost a foregone conclusion that whichever agent was chosen to sell the property a buyer would be found within a few days. The choice of agent seemed less important and understandably vendors were tempted to appoint the agent quoting the lowest fee.

However the old saying about price and value has come sharply into focus in today’s market. The difference between a good agent and a mediocre one can be truly significant both financially and in the service a client receives.

Your agent is instrumental in the sales process and you need them to obtain the best possible result in selling what is probably their most important finance asset.

Let us take a look at the difference in fees charged: between the cheapest and the most expensive agent the difference is usually about 0.5% of the selling price, with the average selling price of about £160,000 this difference is only about £800

However the ability of a good agent to negotiate the best terms for you as a vendor is worth far more than this amount.

The cheaper agents rely on turnover of stock and a larger numbers of quick sales rather than taking time to negotiate the best terms for their clients. Feedback from disappointed clients suggests these agents spend more time talking their clients into accepting an easy quick sale rather than taking the extra time and effort required to negotiate with potential buyers.

So when you are choosing an agent what is more important?

a low fee?

Or

more money in your pocket at the end of a well managed sale?

VitalSpace Estate Agents have a reputation for working hard and obtaining great results together with charging reasonable fees, which we believe, offer excellent value for money for our clients.