Choosing the Correct Estate Agent to Sell your Property

Thursday 25th April 2019
Melanie, Branch Manager

Your property is probably the biggest asset you will own, so when it comes to Selling your property make sure you choose your Estate Agency Wisely. Below are some pointers to consider before you instruct an agent, 1. Ask for recommendations Ask friends, family members and colleagues who have recently moved which estate agents they used and what they thought of them. Also look in your local area at the "for sale" and "sold" signs; it's a useful indicator of the agents that work well in your area. You can check out our Glowing Reviews on our website: http://www.glowhomeslettingandsales.com/glowing-reviews 2. Check industry credentials Estate agents now have to be members of The Property Ombudsman or The Property Redress Scheme. Many estate agents will also be members of trade bodies. Membership means that they have to comply with a code of conduct, which may indicate a higher level of professionalism and diligence. Trade bodies to look out for are: • Guild of Professional Estate Agents (GPEA) • National Association of Estate Agents (NAEA) • Royal Institution of Chartered Surveyors (RICS) You should be able to research this without having to set foot in an estate agent's branch. Members of these schemes will be shouting about it on their websites. Glow are members of the Property Redress Scheme, 3. Go Undercover Visit your shortlisted estate agents as a potential buyer looking for a property like your home. Pay attention to how they behave and ask yourself two questions: • Would you be happy if the property being described was yours? • Would you buy a property from them? 4. Invite at least three agents to value your property Shortlist your agents, Try to get at least three to come and value your property. When your property is valued it's important not to be too impressed by the agent that values your property the highest - this could be a ploy to win your business. Ideally, you need an agent who is going to be honest and fair, not one who is going to overvalue your property and then fail to get a buyer at that price, 5. Ask these questions: • How much does the agent charge for sole agency and what is the tie-in period? Most agencies will lock you into a contract on a Sole Agency Contract with a very expensive termination fee, • How long has the agent been established and what is their experience? A well-established agent that has experience selling properties in the immediate vicinity of your home is preferable. • How will your property be advertised? On their website? Do they have access to several property websites such as Rightmove, On The Market, Zoopla? Is the agency able to show examples of how they advertise properties? Do they have a good social media presence? • Who will look after viewings? Will the estate agent be present at all viewings? Check as to whether they will be available during evenings and weekends. 6. Read the terms and conditions of the agreement Make sure you're happy with all the small print before signing anything. Don't be afraid to question things you don't understand or don't agree with. 7. Review your agent's performance • How many viewings have you had? Who from? How did they go? • Has the agent been marketing the property and working as hard as you expect? Also ask for feedback from the agent. If you've not had viewings, or have had viewings but no offers, the agent can give insight. It could be you're priced too high, or that there's an area of the property that could be spruced up to encourage a sale. At Glow we pride ourselves on the service we provide to all our clients, We offer sound advice when it comes to Selling Your Home, Get in touch to discuss all things property or to arrange your FREE VALUATION & SALES PACK.…

view more »


7 Reasons to use a Letting Agent......

Monday 15th April 2019

7 REASONS TO USE A LETTING AGENT.......... Why should you use a letting agent? 1. They will help you prepare your property for letting, as professionals, they will know the standards your property needs to meet and will help you put things right. Often an agent will be able to help you make those small changes that make all the difference. 2. They will help you meet your legal obligations. A properly trained letting agent will know all the legal requirements and will be able to advise you. Often they can take the burden of getting, say the Gas Certificate, Electrical Safety & the Energy Performance Certificate (EPC). The authorities are getting stricter about these things, plus the new rules are coming into force with the Letting Agent Code of Practise, If you are not an experienced landlord you will need professional help. 3. They can let your property quicker than you can. Letting Agents have access to online advertising sites such as Rightmove, Zoopla, On The Market and will probably have their own website too. Some agents also advertise via social media such as twitter and facebook. Note to mention their shopfront in the high street where people looking for accommodation can browse the professionally taken photographs. 4. They can often get you a better rent. Many letting agents are used by relocation agents and companies willing to pay high prices for the right property. Usually these companies will only use professional agents for sourcing property for their clients. 5. They will carry out a professional inventory and register your deposit. A really good inventory is absolutely essential nowadays and landlords who are taken to adjudication by their tenants will have little chance of winning without one. A good letting agency will often have staff specially trained to do this work and will usually be able to do a much better job than you can. There is also the advantage that if the matter ever does go to arbitration, the fact that the inventory was drafted up by an independent third party (your agent) will often mean that it is given greater weight by an adjudicator than one that was drafted up by you, the landlord. Your agent will also deal with protecting the deposit properly, making sure that all the proper information is given to the tenant within the time limits. 6. They will deal with checking and referencing your tenant A good agent will carefully screen and reference all prospective tenants as a matter of course. This does not always mean that there are no problems later, but it certainly reduces the chances of this happening. Agents may also be able to recognise known bad tenants, and also recognise the signs of a bad or criminal tenant (for example one who is thinking of converting your property into a cannabis factory). 7. They will deal with any problems that arise during the tenancy There is a lot of work involved in renting property and it is not all just finding the tenant. Often problems arise at the property - for example minor repairs that need doing. Tenants also sometimes lock themselves out and need helping. A good agent will also carry out regular inspections to make sure that the tenant is looking after the property properly and that all is well there. Finally of course there is the fact that most landlords really don't want to be bothered with the tedious business of dealing with tenants, and agents take the burden of this away from them. A really good agent can be a blessing to a landlord. If your thinking of becoming a landlord, increasing your portfolio and changing agents then please call ✅GLOW HOMES LETTING AND SALES ✅ We look forward to speaking with you! 📞📱…

view more »