Considering selling your property without an agent? You might want to consider the following before you make your decision. Many people believe that they’ll be saving money by not paying agency fees, but did you know that an experienced agent could actually sell your house for way above your asking price, and actually help you earn money? From clever property marketing tools to reaching a larger number of buyers and negotiating a higher price for your home, the benefits of working with an experienced estate agency are endless. Below, we’ve outlined the importance of using an estate agent…
Get your home seen by more potential buyers
One of the biggest advantages of selling your home through an estate agent is their extensive contact list. Using property portals is a great way to get your home seen by more people and most estate agents will make the most of these platforms. It’s important to be aware that advertising your home on property portals can cost around £6000 per month. Here at Oakheart Property, we advertise all of our properties across all of the major property portals to ensure your home gets maximum exposure. We also spend time going through our extensive call database and will already have a list of people who are anxiously waiting for a property just like yours!
Property marketing techniques
In order to sell your home, estate agents will use a range of property marketing techniques. Experienced estate agencies will have professional photographers who will capture your home in the best possible light and will showcase the best elements of the property. Over the past 18 months, the world has seen some significant changes and the need for virtual viewings has been greater than ever. 360° virtual tours have become hugely popular, offering a convenient way to view properties from the comfort of your own home - and a great way of showcasing your property online. Estate agencies will also produce a floor plan, write a compelling property description and advertise your home on various property portals.
We use only the most cutting edge technology and a range of digital marketing techniques to ensure that your home is seen by as many potential buyers as possible. We also use social media promotion, drone photography and produce promotional videos.
While online estate agencies may have you convinced that it’s as simple as selling an item on eBay, as you can see, it’s actually a lot more involved.
Expert negotiation skills
An estate agent will know exactly what your property is worth and will be able to hone in on the best aspects of it. They’ll use their expert negotiation skills to help you get the best price possible. Our expert agents understand the true value of a property, and won’t stop until they help you achieve it’s worth.
We understand that one of the biggest concerns associated with using an estate agent is the fee. An article published by Which? states that 'the average estate agent fee is 1.42% of the final selling price’. However, when homeowners use an experienced estate agent to sell their home, they’re more likely to receive an offer for above the asking price.
According to Rightmove, ‘28% of homes achieved above asking price’ in 2020. This often will equate to way more than the 1.42% of your final selling price - so, it’s likely that you won’t even notice the fee after all.
Challenges that come with selling a property
Estate agents spend countless hours - sometimes over several months - liaising with buyers, sellers and solicitors. It’s important to be aware of how challenging it can be to ensure that a chain does not collapse. You’ll find that 1/3 sales are aborted, some processes have to be restarted and some people decide not to move after all. With all these challenges, it can be helpful to have an experienced property sales professional in your corner. When you sell your home with Oakheart Property, you’ll be given a dedicated sales progressor who will go above and beyond to ensure that the process runs as smoothly as possible.
Looking to sell your home? We can help. Here at Oakheart Property, we have an experienced team of estate agents across Essex and Suffolk who will be more than happy to guide you through the entire selling process. We also have a range of stunning properties to buy and let too!
Get in touch with our friendly, experienced team and find out how we can help you.