Which estate agent should I choose?

We are looking to put our maisonette on the market and we have had wildly different valuations. The reason it's difficult to value our place is because there aren't many that are similar to compare it to. We're on a really popular high street and have a patio outside space but we're above a shop. If you're prepared to live a bit further from our street you can get a much bigger place for your money. We've had the following valuations: £125000 to £130000 £140000 £135000 to £140000 £160000 to £165000 £180000 to £185000 There are 6 estate agents on our small high street! Their fees and tie ins aren't that different once I look like I plan to negotiate. The £180k valuation came from CJ Hole who are massive in this area. Most of the Sold signs locally are CJ Hole ones. The other plus point is that they recently sold a similar property on this street which is a bit bigger and has a small garden - it was on the market for £189,999 and they said they sold it for £185000.

Asked on Apr 15 2011, General in Bristol | Report content

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  • Goodness £60,000 difference between estate agents valuations, that is a wild difference. Best to do a lot of research yourself. Look at recent sold prices, other similar properties on the market and try to find an estate agent with a good reputation. Some estate agents value property low to sell more, some value high to get more on their books. You need to find an estate agent who really knows the market in your area, one who will act in your best interests. Because unless you are on at the right price you could find it hard to sell, but market too low, and you could lose out somewhat.

    Answered on Apr 15 2011, Report content
  • From what you are saying it sounds like you will probably end up using CJ Hole. It appears that they already have a proven track record of selling similar properties in your area for the best price. One thing to bear in mind - it is always easier to start off with a higher price to test the market and then reduce if you have a lack of interest than the other way round.

    Answered on Apr 18 2011, Report content
  • It is important to look at the agent's track record of selling houses similar to yours in your area and on the comparable evidence they use to support the valuation they give. Bear in mind the valuation is their idea on price. Whether the property sells for a high price or low, and how quickly will depend on the proactiveness of the agent and the level of marketing they use so it is worth comparing all the agents' marketing and have a look at their websites, their staff and their offices to see who comes across as more professional. Weigh this up by how you have been dealt with by the agent and try to gauge their 'hunger' for the property, this will often translate to how proactive they will be to sell it...little things such as after the valuation appointment how quickly did they write to you to confirm their thoughts, have they followed up the appointment with a telephone call etc etc. This isn't an exhaustive checklist but hopefully gives you an idea of who to use. One last important factor is your relationship with the agents....it always helpful to use an agent you feel you could have a good working relationship with.

    Answered on Apr 19 2012, Report content

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