Wednesday, 26 May 2010

Why you should use an Estate agent

During tough times we try to save every pound we can and try to remove every unnecessary expense possible. So when it comes time to sell the house we see the agent’s commission and think we can save that money.

 There is a false economy, especially in a weak property market, for not hiring an estate agent.

Listed below are four reasons why.

1. Better Access/More Convenience

An estate agent’s full-time job is to act as a liaison between buyers and sellers. This means that he or she will have easy access to all properties listed.

2. Negotiating Is Tricky Business

Many people don’t like the idea of doing a property deal through an agent and feel that direct negotiation between buyers and sellers is more transparent and allows the parties to better look after their own best interests. This is probably true–assuming that both the buyer and seller in a given transaction are reasonable people who are able to get along. Unfortunately, this isn’t always an easy relationship.

3. Estate Agents Can’t Lie

Well, OK, actually they can. But because they are licensed professionals there are more repercussions if they do than for a private buyer or seller.

4. Not Everyone Can Save Money

Many people eschew using an estate agent to save money, but keep in mind that it is unlikely that both the buyer and seller will reap the benefits of not having to pay commissions.

 

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