Despite the fact that many people regard estate agents as more or less the same, there are in fact numerous selection criteria on which to judge the good from the bad, and the exciting from the mildly indifferent. For example, there are many services and innovations which can make a difference to how effectively your property is marketed, and how the subsequent sale is
It’s official – what we’ve suspected all along – “traditional” estate agents get sellers more money in their pocket than the internet-only alternative. They also secure more viewings and offers! According to research by The Advisory, internet-only agents rely too heavily on property portals to find buyers. The research suggests that while Rightmove, for example, may directly generate 52% of viewings, this results in
Some local sellers have approached us to sell their property following a less-than-impressive performance by an online alternative to “proper” estate agency. Although it is always tempting to say “I told you so”, we wouldn’t be so harsh with someone who has just been through the mill with the wrong choice of agent. And it seems they are not alone. In fact, a survey*
Estate Agents are generally an up-beat type. Selling property to the right buyer, quickly and at an impressive price requires a “can do, will do” approach that is unlikely to be found in a pessimist. Agents with a positive attitude are more likely to be able to identify opportunities on behalf of our clients. Combine this with a strong focus on proactivity and hard
If you’re buying a second home, Buy-to-Let, or investment property, you should be aware that there is an additional 3% Stamp Duty Land Tax (SDLT) on top of the standard SDLT amount payable. Since this regime was introduced in 2016, the market for second homes has certainly felt the pinch, especially for Buy-to-Let landlords who are also being penalized with a reduction in the
The layman’s view of an estate agent is simply someone who shows prospective buyers round properties. Whilst understandable, this simplistic perspective belies the fact that the well-trained agent knows how to maximize the viewing opportunity with the specific objective of prompting a sale. Whilst “showing someone round” might appear straightforward, vendors who do this themselves as opposed to allowing their agent to do so
A covenant is a term you might hear when discussing a property during the conveyancing process. Covenants are a form of legal obligation that is binding on the owner of a property and passes from owner to owner whenever the property is sold. They form part of the deeds of a property and are recorded at HM Land Registry. A covenant is usually established
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