Agents offering me different prices...why?
- Thread starter danchrisa
- Start date
What you should probably do is talk to your mortgage broker to get a comparative market analysis for your property. That will give you an indication of price.
Once you've received this report there should be comparable sales included. Look up the sales on the internet and decide if your property is better or worse than the photos, floor plan and land sizes.
This will give you a better understanding.
Finally, have agents inspect your property... There is really no way they can be accurate purely online... They'll just be conducting a similar process to which I've just described.
Once you've received this report there should be comparable sales included. Look up the sales on the internet and decide if your property is better or worse than the photos, floor plan and land sizes.
This will give you a better understanding.
Finally, have agents inspect your property... There is really no way they can be accurate purely online... They'll just be conducting a similar process to which I've just described.
I'm not sure of different states, but in the ACT an agent can't give a market opinion without physically inspecting the property.
Pretty good reason; you can't give an accurate price unless you've seen the home
Sure, there are exceptions ; if it's a complex with loads of recent sales for identical properties etc.
But in the vast majority, the agent needs to see the home.
Pretty good reason; you can't give an accurate price unless you've seen the home
Sure, there are exceptions ; if it's a complex with loads of recent sales for identical properties etc.
But in the vast majority, the agent needs to see the home.
One of my properties has been listed for sale today. I had a few agents in, each had their ideas on sale price, list price and method of sales campaign. I know the local market really well and I wanted to be in control of setting the price. I went with an agent who allowed me to do that. It's really important to know your market otherwise the agents will take advantage of this, telling you a higher price to get your business and then very quickly condition you down to a more realistic price.
Sounds about right, win you over on price and smarm then after the ink is barely dry, start conditioning you down to the figure that is realistic.
Hint, if the agent is telling you $X, hold them to it - if they don't believe it is achieveable, then tell them to cancel the sales agreement. That is honesty in sales.
Maybe you should just get a proper independent professional valuation? The $600 (or whatever they cost) would pay for itself if it saves you from getting talked into selling for a price that is too low.
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