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Estate Agents Responsibilities | What do they do?

Written by: kieron | On: Sunday, 26 October 2008 | In: Estate Agents

What do Estate Agents do?

A reputable estate agent will sell or rent a property on your behalf, negotiating between buyers and sellers and dealing with the related paperwork and legislation. The property vendor will discuss a potential property value with the estate agent and then an advertisement will be placed displaying the agreed asking price. Potential buyers will go through the estate agent to arrange viewings and when a buyer has been found, the agent will negotiate the price, deal with solicitors and take the sale to its final conclusion.

Property Advice Blog readers should take note that the property price is not set by an estate agent. Instead, an estate agent will take an estimated value based on the property market which stems from the type of prices buyers are willing to pay at any given time. Ultimately the buyers dictate the price of your property and not the estate agent.

Online Estate Agents - How to find the right buyer?

Browse major Property Web Sites! - When it comes to appealing to the widest number of potential buyers, there are many aspects to take into consideration. Good presentation and choosing the right selling price are definitely important factors. However, none of these aspects are significant if you don’t have a wide viewing audience. Below are a list of the most popular property portals, which are designed to give your property a huge amount of exposure.

Below is a list of some of the most popular sites:

Property Advice Blog recommends that potential vendors take advantage of all the information available online. The online property sites listed above display around 90% of all the property on the market and are an excellent place to begin advertising. Put yourself in the shoes of potential buyers and compare your property with a huge list of buildings in the area on these online sites. By positioning your property amongst the competition you’ll be able to find a suitable asking price which fits in with the current market. Once you feel confident, add your property to the sites and write a fitting description to reveal all the great things about your home.

Other Useful Online Property Services

For further research visit www.estateangels.co.uk. This effective online service allows you to find all the local estate agents in your surrounding area and will reveal a list of current properties for sale. In addition, the National Association of Estate Agents is a great property portal with information on properties that are advertised through accredited member agents.

If you’re keen to sell via an estate agent, you’ll be better equipped to negotiate an asking price by researching the market through these useful online sites.

Move With Us - Services such as MoveWithUs are dedicated to helping you find the right estate agent for you and can assist with everything from providing a sale service for house builders to investing in property abroad. At www.movewithus.co.uk you’ll find expert property advice on the best time to sell your property, as well as services which include finding a suitable estate agent in your area, progressing the sale on your behalf, vetting offers and achieving the best price possible for your property. With a 10 year history and a strong reputation for getting ‘above average prices’ for properties, they may very well be the answer to all your property prayers. There is also a national organisation called The National Association of Estate Agents - visit their site for a whole range of useful information and a list of their accredited members:

http://www.naea.co.uk


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