Gransnet forums

Chat

Do I get another estate agent?

(19 Posts)
Luckygirl Tue 30-Jun-20 22:26:26

I am with estate agent A. Bungalow been on market since lockdown. Have had two firm buyers, who have both dropped out: one because of Covid, another because they changed their minds about moving at all. A recent very interested buyer decided to buy a plot of land and build instead.

Agent A is also selling the new build house that I am hoping to buy, and he is encouraging the builder to keep it off the market for me and wait for me to sell. If it were not for this fact then I would involve another agent, because I have only had 4 viewings (2 of whom made offers).

Market has been a bit dead because of virus and lockdown, but even now that things have been relaxed a bit more, viewings are not happening.

It is a lovely property with a beautiful garden and wonderful views. I have asked the agent if there is anything I can do to make it more saleable and he just says that it is already very saleable!

I feel constrained about asking another agent to get involved because of the fact that A is persuading builder to hold on for me; but I am concerned about the lack of activity. Builder will not wait forever.

What would you do?

Hetty58 Tue 30-Jun-20 22:35:26

I'd be getting in touch with the builder myself for a good chat. I expect that everything is moving very slowly at the moment.

I'd never just believe what an estate agent says (sorry) without checking the facts. (I used to know one.)

Does the builder have many other unsold properties? If so, it may be no problem to reserve yours. Have you considered other ways of selling e.g. Purple Bricks, private advert or auction?

Luckygirl Wed 01-Jul-20 10:23:50

The builder has 8 properties on this small estate, and 6 have been sold. The one I want and the one next door are still available. There is a For Sale board outside the one, but not the one I want. He will not accept a deposit or any sort of holding fee, but has agreed not to put a board out.

I am concerned that if I use a different agent, then the current agent will stop trying to get builder to play ball. The only thing that is in favour is that the agent gets two sales if he can keep the house on the market till mine sells.

Also, I wonder if having a new (or 2) agent really helps at all as most of the searching is done on the internet now and my bungalow is up there on several sites already.

lemongrove Wed 01-Jul-20 10:31:23

What a shame that you have to move house yet again after finding this lovely house Luckygirl.
The market will be slow for a while, but will pick up again and it sounds as though you may have to just sit it out.
If you do lose the new house, there will be plenty more, and you will be in a strong position having sold by then.Good luck.
There are lazy agents but I think at the moment they will all be doing the utmost to keep their jobs, it’s not normal times.

twinnytwin Wed 01-Jul-20 10:39:31

I have a friend who is an estate agent and his company has been extremely busy since they were able to work again - not enough hours in the day, so the market isn't slow, at least in our area. They are due to have a record month, as are other agents in the area. There are other tactics that agents can do to promote house sales other than waiting for buyers to find them. If the price is right, there's really no excuse in my opinion. I sincerely hope it works out for you. It's such a worrying time.

JenniferEccles Wed 01-Jul-20 10:41:31

How about asking your agent to take some more pictures of your property especially the garden?

I expect the garden is looking a lot more colourful than it did if it first went on the market in March, especially if the new photos are taken on a sunny day.

The new pictures, maybe including the view you mentioned could well generate more interest.

I would be tempted to stay with the present agent, especially as he has persuaded the developer of your new house to hold it for you.

Ultimately though you may have to consider lowering the price slightly if you could afford to.

It’s probable a lot of people are wary of moving house at the moment if they are at all concerned about job security.

Franbern Wed 01-Jul-20 11:04:11

Luckygirl - you should re-post this on the House buying and selling thread under House and Home. Everyone on there is or has been involved in this process over the past year, and we all share our knowledge and experiences.

Calendargirl Wed 01-Jul-20 11:09:47

I would think seriously about reducing the price, if you are able to.
We all like to think we are getting a bit of a bargain, and if potential buyers see ‘Price Reduced Today’ or similar on Rightmove, might encourage them to have a viewing.

Luckygirl Wed 01-Jul-20 11:52:42

I have already reduced the price by £10k; and the photo business is a bit of a can of worms. Their original photos were so bad that I had to have several discussions about them. They did not even show the view, which is the real selling point! Some have been changed now, including adding some that I have taken. I used to be a photographer, so the original scrappy photos were hard to swallow! I think if I mention them to him again he will explode!

I do not know why there are so few viewings - there have only been four so far; but of those 2 wanted to buy, then had to withdraw.

Framilode Wed 01-Jul-20 11:58:57

Could you approach your estate agent about having a dual agency. Many agents will agree to this and it also puts them in competition against each other. The fee will be larger to whoever sells it for you but still a lot less than reducing the price.

Jane43 Thu 02-Jul-20 14:19:42

Does your Estate Agent do virtual tours of the homes on its books? My DIL works at an estate agents and since she returned to work they have been very busy especially with homes with a virtual tour, one went under offer on the strength of the virtual tour alone. Her boss has become very proficient at doing the virtual tours and giving a commentary in which he draws the viewer’s attention to special features, your garden and the view would be special features and they may not be so apparent in pictures. You may not have had as many viewings as You expected ad under the government guidelines people are not encouraged to view homes unless their home is under offer, some agents are not sticking to this but hers is. There is nothing to stop you having more than one agent but you will most likely have to pay more commission on any sale. Good luck and I hope you get the house you want.

Jane43 Thu 02-Jul-20 14:21:16

Sorry Framilode, I repeated the point you made about a dual agency.

FlexibleFriend Thu 02-Jul-20 20:44:21

There's nothing to stop you getting another estate agents opinion. Invite them round and see what they say re price and saleability etc. It doesn't mean you have to go with them but their advice/ opinion could be valuable.

kircubbin2000 Thu 02-Jul-20 21:31:01

Mine sold when we took new photos a d bought white bedding.

Welshwife Thu 02-Jul-20 22:14:20

In Wales they are only allowed to do viewings on empty dwellings still - GDD works for one. They have had a lot of interest from people wishing to buy but as yet They cannot view the houses.

Ellianne Fri 03-Jul-20 14:07:49

Luckygirl the advantage of changing agents is that you would get your property to the top of the pile on rightmove. Change of agents means the house is newly listed and looks like it is fresh to the market.
I agree with those who say EAs are busy, busy and eager to get sales back on track.
Shame solicitors are still working at snail's pace!

Luckygirl Fri 03-Jul-20 14:41:22

Update: builder has sold all the properties on the site except mine, which he is prepared to hold for me for a few weeks to see if |I can get a serious buyer on board. I have reduced the price again and taken some decent photos which are now on the websites. I do not think there is anything more that I can do.

Agent is coming to do a video of my place to create a virtual viewing possibility - sounds great but I will have to tidy up!!!!

I am looking at a couple of other new-builds very nearby to my target location, so that I can create a fall-back situation. I also wanted to look at one opposite that is inhabited and I am not allowed to visit unless I am in a "proceedable position."

Ellianne Fri 03-Jul-20 15:03:25

Good news, the builder is prepared to wait a few weeks.
Those online video viewings are pretty good. I like following the arrows round the houses! With that in mind, try to make your property flow by removing obstacles like small tables by pushing them against walls. If you have nice views, open patio doors. And yes, as you say tidy up and declutter. Good luck!

Jane43 Mon 06-Jul-20 12:51:39

Good luck, I hope the video makes a difference. The builder sounds decent too which bodes well for the house you have set your heart on.