What do estate agents do?

As you may or may not be aware, Readings sell property, let property, value property, survey property and auction property! But what do estate agents as a whole actually do?

Market your home

We at Readings will gather all the relevant information about your property; take professional imagery, gather room dimensions and write up a description to entice buyers/renter to your property. Once you approve of the advertisement, we would then publish it on property websites such as Rightmove, Zoopla. OnTheMarket and many more.

Conduct viewings

You can’t sell a house without viewings (well you can, but it would be strange!)

Your estate agent will arrange and conduct viewings for your property to guide potential buyers around your home, answering any questions they may have. You can do these viewings yourself, but the advantage of using an estate agent is that potential buyers can ask questions they may feel too embarrassed to ask the owner. This also means you don’t have to be home for the viewings.

Check the buyers aren’t time wasters

We also will cut out the time wasters that view your property. How? We consider the following:

Are they a part of a long chain?

Are they cash buyers?

How many properties have they viewed already?

We would gather information to assure that your potential buyer was legitimate. Estate agents also tend to ask the buyer to show an agreement in principle from a mortgage lender to prove that they are in a position to afford the property.

Manage negotiations

Offers will be made to your estate agent who will then subsequently pass them on to you.  Estate agents in this situation act as the middle-man, they will in turn relay any responded from yourself.

Estate agents can also give you information on houses you’re looking to buy. Are they looking for a quick sale due to finding their dream home? Are they willing to wait to get the right price? This can help you when you’re deciding what offer to make.

This and so much more goes on behind the scenes, so it’s vital that you have a good relationship with your estate agents. Selling a house can be a lengthy process. It requires a lot of time and expertise, so don’t hesitate to give Readings a call.