Top 5 Estate Agency Myths

Tailormade Moves/16th September 2022

It can be confusing hearing different stories, so let us help you debunk some of those myths!

1. All estate agents are the same

WRONG!

All estate agents differ, choosing a local agent with the proven knowledge of your area over an online one will allow you to have personalised selling experience and be expertly guided through the process, from beginning to the end! An online agent may seem cheaper initially, but you will be hit with extra fees for ‘additional’ services such as accompanied viewings which good local agents should include in their standard package.

An online agent may seem cheaper initially, but you will be hit with extra fees for ‘additional’ services

2. People only like south facing gardens and they will achieve the highest price

WRONG

In fact, a river view will increase the price of your property more than a south-facing garden! This being said, river views are few and far between and a south-facing garden will rank highly on many potential buyers lists.

A river view will increase the price of your property more than a south-facing garden!

3. Use the agent who values your home the highest

WRONG

Naturally, you will be drawn to the agent who values your home the highest. However, listen to the agent who is using comparables, who has taken the time to research and speak to local surveyors. Too often, the agent who promises the world and values your property high, struggle to deliver on the most basic matters. Choose the agent who understands you are selling your home and not the ones who are just trying to win a sale with high valuations. You also don’t want to have to lower the price later down the line and give the impression of a stale property.

Too often the agent who promise the world and value your property high struggle to deliver on the most basic matters.

4. Now is the time to do your DIY

WRONG

Weigh up the cost and time on your part versus dropping the price slightly to allow the new owner to complete these tasks in their own time. If you have flaking paint or peeling wallpaper, it will be relatively inexpensive to fix and will instantly boost the appeal of your property so would be worth it. Installing a new kitchen or bathroom is costly and you are unlikely to see the money returned in the sale so don’t waste your effort.