We bet there are lots of questions and scenarios running through your head. But if youāre not getting enough interest in your home or if it has been on the market for ages, is it time to switch agents?
Recent research by Rightmove found that underperforming agents are one of the key reasons why properties donāt sell.
In this quick read, we look at a few red flags to watch out for when waiting for a sale.
Lack of marketing
If your home isnāt being promoted properly, youāll not only struggle to sell, but there could be lots of potential buyers who havenāt even seen your property listing.
A good agent should produce a detailed, accurate listing with clearly marked floor plans, photographs and key factors outlined. This includes information such as proximity to schools, transport links, potential to extend and other selling points.
As well as being listed online, estate agents should proactively contact potential buyers and sing your propertyās praises. Youāll also want the listing placed in their shop front window for maximum exposure.
Inaccurate pricing
We all want to sell our properties for as much as possible, but inaccurate pricing can kill off buyer interest quicker than you think.
An over-inflated purchase price wonāt lead to success, so make sure you do your research into recent sold prices in the area. Similarly, be wary if an agent suggests lowering your asking price. While this could be a response to a genuine lack of interest, it may also be a lazy way to sell your home quickly. Itās easy to check sold prices online, so make sure you do.
Lacklustre viewings
Generally, itās not a good idea to stick around if an agent has booked a viewing. But if this is the 20th viewing and you still donāt have an offer, stay put and listen to how theyāre selling your property.
Are they engaged and knowledgeable? Can they answer the buyerās questions? If not, maybe it is time to switch.
A good agent will be passionate and keen to sell. They should be able to talk about the specifics of your home and easily answer questions (or offer to get the information as soon as possible if they canāt).
If your home is on the market and youāre thinking about switching agents, Allen Residential can help. Give us a call on 01761 412 300 today.