Ever wondered how estate agents earn their fee when selling your property? This article uncovers some of the key ways they help you market your home, secure a sale and guide you through the process to completion.
A good estate agent will arrange professional photography, get a floor plan drawn up and write an attractive description for use on their brochure, shop window and the big property online portals. This should all be included within the % fee they charge for their services. For help from Gloucester Estate Agents, try visiting https://www.mwea.co.uk/
They will conduct viewings on your behalf, allowing you to rest easy knowing potential buyers are being shown around by someone who has expert knowledge of local property values and can answer any questions that arise. They should also be able to point out any selling features your property has and make suggestions for pre-sale improvements you could undertake.
If you are buying a property, your estate agent will find properties that meet your requirements by using databases of available homes and assessing comparable prices. They will then advise on the best offer to submit, and help you through any negotiation stages with the seller’s estate agent.
An estate agent with a licence to sell property will have access to the multiple listing service (MLS), enabling them to show your house to thousands of property professionals and online home searchers. They will also be able to help you determine whether or not a buyer is a bona fide purchaser, by checking their finances, their ability to obtain mortgage financing and verifying any cash offers they may make. This is required by the Property Ombudsman Code of Practice.