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Pros and Cons of Using Multiple Estate Agents

Whether you want to instruct just one estate agent or multiple agents, the choice you make will have an impact on how quickly your property sells and the fees you pay. Here we look at the pros and cons of using multiple estate agents to help you decide what option is right for you.

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Many people believe that taking on several agents will increase their home’s visibility and potentially speed up the sale process. In reality, this may not be the case. In addition, it’s important to note that using multiple agents typically incurs higher estate agency fees than a sole agency agreement would.

During the selling process, a good estate agent will help you with everything from advising on your home’s value to reviewing and negotiating purchase offers and all the other essential contractual details. They can also assist with finding suitable buyers and helping you through the conveyancing process. To find out more about Estate Agents Gloucester, contact https://www.mwea.co.uk/

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In addition, a good estate agent will have a list of prospective buyers and will be constantly networking with people looking for homes in your area. However, with online property portals such as Rightmove and Zoopla, it’s easy for buyers to find properties whether they’re being listed by a single estate agent or multiple estate agents. As such, increased visibility isn’t a good reason for vendors to sign up to multiple estate agent agreements. Moreover, it can put potential buyers off and come across as a desperate attempt to get your property sold.

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