Selling Advice & Help Choosing Estate Agents in Norwich

1. Selling Advice & Help ChoosingEstate Agents inNorwich Welcome to our guide of selling your home in Norwich. We have listed plenty of useful tips in this guide, we hope ithelps. You’ve made the decision to move house, or you’re in a position where you need to. The next crucial decision is finding the best estate agent in Norwich that’s going to not only get the best price for your current property, but is also going to manage the saleeffectively. There are so many choices today, such as instructing a local estate agent that has a profile on the high street, to going it alone and opting for an online agent such as PurpleBricks. Then there’s your budget to consider; estate agent fees vary and need to be considered carefully. Whilst an online agent may offer a one-off fee to list and sell your property with photos and floorplan, if you use their conveyancing and survey services you could rack up higher fees thanintended.

2. What to consider when choosing a local estate agent Selling your property is a big decision and not something that most people do every day. It can be a daunting process. You’re going to be offered exceptionally low fees and you’re going to receive high valuations; beware any agent that uses thesetactics. For many sellers that have sold a property in the past, they may have discovered that not all agents are the same. Some agents are more proactive than others and some are more professional than others; it can be a lottery deciding on the right estate agent. We’ve put together our top tips in choosing an estate agent in Norwichto sell your property. Local estate agent or online agency? The first decision to make is whether you’re going to opt for the traditional local estate agent or an online agent. The advantage of a local agent with an office is they know the area well, and know the value of properties locally. There is the option to visit the office if necessary, although this isn’t quite so easy at the moment with COVID-19 restrictions in place. Most local estate agents work on a no-sale, no-fee basis so if your property doesn’t sell quickly it’s unlikely to cost you anything. Most local estate agents will offer to conduct viewings on your behalf if you’re not comfortable with this. In addition, when the property is sold, they will handle the entire selling on your behalf. With online property agents, there isn’t an office to visit and you will be required to pay an upfront fee to list your property on the market. Some will include photos, usually a limited number, and the floorplan in the initial fee, although others require you to supply these details. Viewings will have to be conducted by you; online agents do not provide this service. Once the property has sold, if you decide to use their sales processing services, they will charge additional fees but you may also find that you are handling the majority of the salesprocess. Do your research and get recommendations. A good tip is to ask friends, family, and neighbours or even work colleagues for their estate agent recommendations. Have a look in the area at the number of ‘for sale’ and ‘sold’ boards. This can be a good indicator of the more successful estate agents near me in Norwich. Look for a local estate agent or an online agent that is experienced in selling properties similar to yours as their pool of potential applicants are more likely to fit your property. Before you invite an estate agent to value your property, which can still be carried out during coronavirus restrictions, review online property portals and local newspaper property listings to get an idea of the value of your property. Shortlist a minimum of three potential estate agents. Shortlist at least three potential estate agents and invite them to provide a property valuation. It’s sometimes not wise to opt for the highest valuation, unless all three valuations are very similar, as they may be over-valuing your property to gain the instruction. Overvaluing a property usually results in a delay in selling your property, by as much as four weeks in some cases. Questions to ask the estate agent. Gather all the important information to help you make a decision on the best estate agent to market your property. Key questions to askinclude:

3. What are the estate agent’s fees for sole agency and multi-agency? Sole agency is just one agent having exclusivity in selling your property, usually for a set period of time. Multiagency is instructing more than one agent to sell your property. However, beware: if you instruct another agent during the first agent’s sole agency period and the other agent sells the property, you are liable to pay the fees of both estate agents. Average fees for a sole agency in Norwich are between 1% and 2.5%, with a set period of six to eight weeks.Average multi-agency fees range between 2.5% and3.5%. Who will conduct the viewings? Most local estate agents will be happy to conduct viewings on your behalf at no extra cost, but check they are available to do this during weekends and sometimes in the evening. Online agents do not offer this service, so be prepared to conduct your ownviewings. How and where will your property be advertised? Local estate agents use local newspapers and publications to advertise properties for sale, as well as the popular property portals, such as Rightmove. Your property will also be listed on their own website. However, online agents will generally only use their own website and one or two propertyportals. How long has the estate agent been established and what is the experience of their staff? Estate agents that are well-established locally with experienced staff that are used to dealing with your type of property are the favouredoption. Other questions to consider are about the marketing materials they will use, such as brochures, floorplans, video tours and online viewings. Do they provide a ‘for sale’ board, although not everyone wishes to have a board outside their property? Also ask about their buyers list and whether any are looking for your type of property. Making yourdecision Once you have gathered all the relevant information you need, it’s time to make a decision. If all the agents have provided a similar valuation and their estate agents fees are the same, or close, often the choice will come down to which agent you ‘clicked’ with. People talk about a gut feeling and it really can be the difference between one agent andanother. Ultimately, choose an agent that you feel you can work with as a team to sell your property quickly. At Property Classifieds, we help sellers find suitable estate agents in Norwich. Our free service provides sellers with the best advice on how to sell their property, and with whom. If you’re looking to sell your property, have you considered contacting investors who want to increase their property portfolio? By listing your property for free on Property Classifieds, you are putting it in front of hundreds of investors searching for a property to buy inNorwich. If you’ve been approached by a developer or property investor regarding selling your house, Property Classifieds should be your first port of call for valuable advice and guidance when selling your property off-market.

4. Connecting motivated sellers and buyers across the UK, we have a wide range of investment properties and property development opportunities in your local area, too. Contact us today for moredetails.