Are ‘Bargain’ Agents a False Economy?
When selling your home, selecting an estate agent can be a make-or-break decision.
Settling on a budget option might seem attractive initially, but this choice can have far-reaching, expensive implications.
Here are five reasons why budget estate agents could end up costing you more in the long run.
1) Limited exposure
Budget estate agents often operate with restricted marketing budgets. This means your property might not get the extensive exposure it deserves, limiting its visibility to potential buyers and potentially prolonging the sale process.
2) Compromised service quality
With lower fees come cuts in service levels. Budget agents may handle higher volumes of listings, leading to less personalised attention for your property. This can affect everything from the quality of your listing’s photos to the agent’s diligence in securing the best sale terms.
3) Inadequate support
Selling a home can be complex and often involves navigating negotiations, legalities and paperwork. Budget estate agents may not provide the support and expertise needed to guide you through these processes effectively, which can lead to stressful and less favourable outcomes.
4) Lower sale prices
The ultimate goal of selling your property is to achieve the best possible sale price. Budget agents may lack the motivation to negotiate effectively on your behalf, potentially resulting in a lower sale price than could be achieved with a more invested agent.
5) False economy
The initial savings in agent fees can be quickly eroded by the hidden costs of a prolonged sale, reduced sale price and the personal time invested in managing the process. Investing more in a reputable estate agent can pay dividends in achieving a quicker, smoother sale and a better sale price.
Choosing an estate agent is a decision that significantly impacts your property’s sale outcome and the price you get for it.
It’s worth considering the complete picture and not just the upfront costs when making this decision.
If you're considering selling your home, why not go with the fastest selling agent in South Shields, Browns Estate Agents. We never fail to make our vendors satisfied and happy.
With being the only agent in South Shields to use a digital twin Mattaport tour, a device that often sells your home without buyers even needing to view it, why wouldn't you choose us. And thats just a start. There are so many ways we showcase you home.
If you're interested in knowing how we perfectly showcase your home, give us a call today on 0191 455 9617 and get a valuation booked in.
Or click the link below to organise a valuation:
https://brownsestateagents.web.lifesycle.co.uk/form/Sw6TWUNPO1
We are not the fastest selling agent in South Shields for nothing.