Don't go for a sole agency. If you do, make a time definite limit. But if you make it three weeks or a month, you are likely to be told that you now have an offer and wait. That falls through. Then there's another offer.
My experience is that I went for a sole agency which would have cost less commission than multiple agencies. However, the property did not sell so I ended up accepting a lower offer which meant the sale earned less money than I might have got with more agencies reaching a bigger pool of customers.
While the property is empty it could cost you money:
1 In a flat you are still paying maintenance.
2 In the UK if the council previously paid the maintenance when your elderly relative goes into sheltered housing or any care home the council will no longer pay the maintenance on the home not occupied.
3 In an unoccupied house the insurance will go up.
4 Why? Because your empty property is more likely to be broken into by thieves or vandals.
If you have not got a sale or even an offer in three months it is time to give your property to another agent or consider renting it.
Give your property to the agent in the richest area so that your buyers can afford the asking price and aren't waiting to sell their property to move.
My experience is that I went for a sole agency which would have cost less commission than multiple agencies. However, the property did not sell so I ended up accepting a lower offer which meant the sale earned less money than I might have got with more agencies reaching a bigger pool of customers.
While the property is empty it could cost you money:
1 In a flat you are still paying maintenance.
2 In the UK if the council previously paid the maintenance when your elderly relative goes into sheltered housing or any care home the council will no longer pay the maintenance on the home not occupied.
3 In an unoccupied house the insurance will go up.
4 Why? Because your empty property is more likely to be broken into by thieves or vandals.
If you have not got a sale or even an offer in three months it is time to give your property to another agent or consider renting it.
Give your property to the agent in the richest area so that your buyers can afford the asking price and aren't waiting to sell their property to move.
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