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How do you know if an agent is representing your property well?

We have been on the market for many months, almost a year with little interest. Our agent says our house will sell, but advises a price drop. We are not keen to drop the price as there are other similar properties being marketed at a similar price. Could there be anything else wrong like presentation or the estate agents description? We thought we had done everything we could before marketing, so don't understand why it hasn't sold or at least had interested viewers? The agent said nice things about our property when he valued it, he seemed to think it would quickly sell, could we have been duped into marketing with him?

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

Answers (3)

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  • Most agents will be enthusiastic when 'valuing' your property - it's most likely genuine, but regardless, you wouldn't go with an unenthusiastic agent would you? I don't think he duped you! Marketed prices can be different to achieved prices so check those out too... then make sure you're happy with photos, etc, add a floorplan, replace any out of season or old photos and why not change the desciption to refresh the lisiting... that should help. Everything sells however at a price, even the grottiest of homes so that's the major factor here if all of the above is being done already....

    Answered on Aug 4 2011, Report content
  • Are the other similarly priced properties selling? If you haven't sold in a year, the price is likely to be too high. Estate agents will advise a price drop if they feel properties are priced too high for the current market, or there is little interest. You could always try another agent, it is always a good idea to get two or three current valuations.

    Answered on Aug 14 2011, Report content
  • Yours is too high, so are the others. If it's the right price, it will sell, but 90% of people ask too much. I have one for sale in BB4 at £75k and there are two others like it in the street at £85k and £115k. Mine isn't selling; neither are theirs. Every week a few thousand houses do sell, so someone must be pricing right.

    Web reference:

    Answered on Aug 17 2011, Report content

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