Some agents tell lies to win your business.
Be very careful that you do not choose the agent who tells you the biggest lie about how much ‘you will get’ for your property. This is called ‘buying the business’.
Unless the agent is prepared to buy your property, his or her opinion is irrelevant.
If you choose agents based on the selling price they quote you – their opinions – you may be badly disappointed, and may even wind up in financial difficulty.
If you suspect that an agent is attempting to buy your business with an inflated sale price estimate, insist they give you their estimate in writing.
Insist, also, that they charge you nothing if they sell for less than the price they estimated. This will identify the agents who are enticing you with false quotes.
Choose Skill, Not the Cheapest
Cheap agents get cheap prices. Be careful choosing an agent based purely on their fees.
If agents give their own money away what do you think they will do with your money?
It may be better to pay an extra one percent for a selling fee than to receive ten percent less on your selling price.
Good negotiators rarely give big discounts on their fees. If they get you the best market price, they are worth a fair fee.