Wanting to know how long it takes an estate agent to purchase or sell a house? Not sure what questions to ask when a property is viewed? This article describes what estate agents do, what fees they can charge, and looks at other ways, including online, to buy and sell a property.
Table of Contents
What Does An Estate Agent Do ?
An estate agent will be able to give you an expert opinion of how much your house is worth and bring it on the market at the right time. They will draw on their understanding of the local property market as well威而鋼
as selling rates from the Land Register for other local homes like yours to give you an accurate image of what homes like yours are selling for and why you should pitch for more or less.
They also deal with documents, Chain tracking (of buyers who sell their old home and sellers who buy their new home) , Liaise with your attorney, Negotiate with sellers and purchasers.
How Long Does It Take ?
No time-scale sale or purchase of a house is set. There are various needs for buyers and sellers and problems can pop up and cause delays. In their area, most real estate agents know the average number of days on the market by heart, so all you have to do is ask. But by finding out the day each home goes on the market in a given month, then counting the days to be calculated, you can also measure the number yourself. Attach the number of all those houses together and divide the total by the number of homes.
How Much Should I Pay The Estate Agent?
The fees of estate agents vary greatly, adding thousands of pounds to the selling cost of a home. It is difficult to stop fees from estate agents, but knowing them will help you haggle efficiently and save you serious cash. Depending on the type of contract you want with your estate agent, estate agents charge a percentage fee, which can range between 0.75 percent and 3.0 percent + VAT of the negotiated selling price for your home.
Don’t be shy to ask loads of questions when a property catches your attention. Keep in mind that asking the right questions now can save you a lot of cash in the future. Estate agents have a responsibility to be honest so ask them for information.
Selling With An Estate Agent
When you have chosen to sell using a property agent, choose one by asking questions about their track record in the sale of properties such as yours. As this is where many individuals begin their quest, find out how they plan to market your property online. Like do they have a strategy like luxury apartment marketing. And note, it will require a bill.
To make things easier for you, If you have a home to sell either on the open market or for sale, do call Dowen Estate Agents and give them 15 minutes at your property to provide you with details of their excellent service, amazing agents and very low charges.