Top 5 things to consider when when you compare estate agents
Get help understanding everything you need to consider when choosing an estate agent to sell your property to help you achieve your desired sale.
Selling a property can be a huge task, and it is important to have a good estate agent by your side to guide you through the process. Here are the 5 crucial things you need to know before choosing an agent.
Knowledge and experience
A best case scenario would be that the estate agent you choose to sell your home has an in depth knowledge of the local market. The estate agent you choose should have a good understanding of properties in the area and have experience selling homes there.
When talking to agents, ask them to talk about the properties they have sold in the area, successful sales, and potential buyers interests in the location. You can also ask agents how many properties they have sold that are similar to yours, to gauge interest and potential buyers.
Services offered
There are several services an estate agent can offer included as part of their fee or for additional costs. Think about what your home requires, if you need an estate agent to appraise the value of your property and provide you with a report, ensure that property valuation is an offered service.
Marketing your property is a crucial part of selling a home, make sure to ask about how your property will be advertised, and whether this includes professional photography.
Not just about price
Cheaper isn’t always better! Experienced agents with proven strategies may charge more, but they’re more likely to secure the better sale for your home.
Fees and costs
Estate agents can offer either a fixed fee or a fee based on a percentage of the property price. If your property value is high, the fixed fee may be lower. For example, an estate agent charging 1.5% on a property valued at €350,000 would charge €5,250 plus VAT, whereas an estate agent offering to sell the same property for a fixed price of €2,000 plus VAT would result in a saving of €3,250 minus VAT in fees.
Additionally, considering whether the services you require are included in the fees or whether these are additional services to pay for. By having a full picture of the services you require you can calculate the best value for your money.
Personality
Selling your home can be a complex process, making it especially important that you have an estate agent that you have a good rapport with. The agent you choose will work with you, and it is important that you are both on the same page.
You will be in contact with your estate agent frequently, so making sure your chemistry, time expectations, and boundaries align is an important aspect to consider. When you are selling your property, you are in charge. Finding an agent that understands your needs and wants can be key in ensuring that you are satisfied with the process.
Good reputation
When comparing agents, you can look up reviews online and see whether people are satisfied with the sales process. If there are good comments and recommendations for the agent this indicates a higher chance of achieving your desired sale.
Having a good reputation, especially in the local area or property types, is more likely to attract potential buyers to your property. Ensure that reviews from buyers and sellers are equally positive for a satisfactory result.
Overall
It's essential to discuss these points with potential estate agents to ensure transparency and make informed decisions. To ensure a smooth and successful property transaction, it is important to find the right estate agent for you.
By using Estateagent.ie, you can receive offers from up to 5 estate agents. Simply fill in the form to be matched with agents operating in your area.
Frequently asked questions
What factors should I consider when selecting an estate agent to sell my property?
When choosing an estate agent, consider their knowledge of the local market, range of services offered, personal rapport, and reputation. An agent familiar with your area and property type can provide valuable insights. Ensure they offer necessary services like property valuation and professional marketing. A good personal rapport ensures smooth communication, and a strong reputation, evidenced by positive reviews, indicates reliability.
How important is an estate agent's local market knowledge?
An estate agent's local market knowledge is crucial. Agents experienced in your area understand current market trends, property values, and buyer preferences, enabling them to price your property accurately and market it effectively. This expertise can lead to a quicker sale at the best possible price.
What services should I expect from a professional estate agent?
A professional estate agent should offer services including:
- Property valuation: Accurately assessing your property's market value.
- Marketing: Professional photography, advertising, and online listings.
- Conducting viewings: Arranging and managing property viewings for potential buyers.
- Negotiating offers: Handling negotiations to secure the best possible price.
- Managing the sales process: Coordinating legal and administrative tasks through to completion.
Clarify which services are included in their offering and how they will help achieve the best outcome for your property.
Why is an estate agent's reputation important when selling my property?
An estate agent's reputation reflects their reliability and success in selling properties. Agents with positive reviews and a strong track record are more likely to attract potential buyers and provide a satisfactory sales experience. Researching reviews and seeking recommendations can help you choose an agent who will effectively represent your property.
How can I ensure smooth communication with my estate agent?
Effective communication is key to a successful property sale. Choose an agent who is responsive, provides regular updates, and explains the process clearly. Setting expectations early and discussing preferred communication methods—such as phone calls, emails, or in-person meetings—can help ensure a smooth experience.
