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Odd estate agent advice?

Reactions please! My friend is about to put on the market his 25-year-old house in a desirable executive development in OX14 . From the kerb, it's a dream, but inside it's shabby and outdated, with bulky old furniture cramping the walkways, books etc exploding off shelves, cupboards bursting open, two junk rooms, faded dusty stuff everywhere. The house over the road is larger and 'executive' throughout and is for sale at £800k, which I think is a bit high for the local market. My friend's agent is putting his house on the market for the astronomical sum of £910k, and HAS ADVISED HIM NOT TO BOTHER DECLUTTERING! Can anyone make sense of this?

Asked on Aug 3 2011, House Prices in Abingdon | Report content

Answers (3)

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  • A good estate agent will give a realistic valuation and good advice. To de-clutter is good advice, many people can't see beyond other people’s things, as not everyone has vision. So this estate agent should be advising their client to do everything they can to make this house more saleable. The price being too high ‘if it indeed is’ on any property means it either doesn't get many viewings or it doesn't sell full stop. Your friend could get a second opinion or test the water with this agent and see what happens. I would advise getting a second and even third valuation.

    Answered on Aug 3 2011, Report content
  • Common sense should tell you that the one opposite will sell first if it's a comparable home. If the property is REALLY dated then investors will be all over it but only at the right price and I doubt it's that dated after 25 years. Without doing some research I can't really comment on price but I'd agree that de-cluttering is a cheap way to enhance space, light etc.... tell him to put some stuff in a skip/self store

    Answered on Aug 4 2011, Report content
  • Some agents are only interested in securing the instruction, and binding the seller into a long contract. The agent will beat the price down over the weeks, until it becomes realistic.

    Answered on Aug 29 2011, Report content

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