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A lot of people in the country simply do not understand or respect the value that a competent and experienced estate agent brings to the table, the local knowledge of property, prices, buyers and state of their local markets, more now than ever a seller needs an experienced agent to get them the best price for their home in what is a challenging market. A high street agent WILL get you a better sale price for your home than any online agent simply by the way in which they work, the way they negotiate offers and more importantly because we do not get paid until the sale exchanges and completes and so a high street agent will be proactive in their sales progression and stop many sale from falling through. Rightly so they charge a higher fee because you are getting a complete service. Have you ever called Purple Bricks about a property? The person in the call centre has no idea about it, the sellers position, how longs it been on the market, they don't know the selling points of the flat on top of that Purple Bricks do not proactively call their applicant database to try and drum up viewings from nothing, they simply wait for the phone to ring via online adverts. If that's they type of agent you want and you want to pay peanuts for that sub standard service then good luck to you because you will most certainly need it!
From:
rory willmott
11 April 2018 12:34 PM
I always question these type of stats. Ive been in the game 10 years and never had a quarterly fall through rate that high. Working in Shoreditch for Winkworth arguably one of the most competitive markets there is, our fall through rate is around 20% which is admittedly slightly higher than normal. There is some truth in there being more caution with buyers and the prolonged uncertainty over Brexit but to have a 40% fall through rate i would question what vetting is being prior to agreeing these sales. Here you must provide proof of an agreement in principle, proof of cash deposit, put your solicitor in funds and have your mortgage valuation booked in before we take a property officially off the market. If that is done to all i doubt the fall through rates would be so high!
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10 April 2018 09:26 AM
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From: rory willmott
11 April 2018 12:34 PM
From: rory willmott
10 April 2018 09:26 AM