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If You��re Selling Your Home �C The Advantages And Disadvantages Of Using An Estate Agent
Lovethem or hate them, estate agents are a vital part of the property market,[link widoczny dla zalogowanych], withthis industry pumping millions of pounds into the economy and allowing millionsof home owners to sell up and move on. Although the emergence of private saleswebsites has increased in the past five years, there are still many reasons touse a good estate agent, but as with most things in life, you can also findreasons why you should do things on your own. Below, we look at the biggest advantages and disadvantages when it comes to decidingwhether to use an estate agent or go it alone with a private sale. AdvantagesAdvertising�C Most estate agents offer you the chance to go into local papers, have aselling sheet in their front window and of course you get the big For Sale signthat outside of your home. If you were to do all of this independently it wouldprobably end up costing a fortune, which means that advertising opportunitiesis one of the biggest plus points when selling your home through an estateagency. Experience�C If the estate agent has been established for sometime,[link widoczny dla zalogowanych], they can provide awealth of experience that you would be mad to not listen to. Things like how tomake your home more attractive, professional photographs and just generaladvice when it comes to getting your house sold and allowing you to move on. They can also help with the next purchase as well, which relieves a little bitof pressure when moving onto another home immediately. MailingList / Exposure �C Once again, an established estate agent will have a largemailing list and database of people looking for homes that fit your locationand budget. This means that as soon as you put your home on the market, theagent should be contacting all of the matched sales, which can often lead toimmediate interest which money could simply just not buy if you were doingthings on you own. DisadvantagesFees�C One of the biggest disadvantages of using an estate agent for most homesellers is the fees that you will need to pay if the estate agent successfullysells your property. Fees range from 1% - 2. 5% depending on the location andagent, which means if you sold your house for ��200, 000, the agent who sold yourhome would stand to pocket anywhere between ��2, 000 - ��4, 000, depending the ontheir sales percentage that you agree upon listing. Competition�C Unless the agent you decide to sell with is extremely poor at getting newlistings or extremely successful and therefore has no other properties on theirbooks, you will be facing competition from all of the other sellers on thoseestate agents books. This means that when the potential buyer walks into theoffice, they will have a much bigger choice to consider than just your home, which can mean they will look elsewhere or your home might get lost in the��pile��. Restrictions�C When you sign the contract with any agent to sell your home,[link widoczny dla zalogowanych], you willnormally get the best deal if you go single agency, which means that as long asyou only list your home with that agent, the fees will be lower. If you gomulti agency,[link widoczny dla zalogowanych], you will normally find the fees are higher and sometimes theoriginal agent will also demand a fee as well. This can limit you in terms ofwhere your property is advertised and possibly restrict the amount of potentialbuyers you have access to. With the vast experience of the property professionals on board, Property Investment Portfolio continues to help investors maximise their profit and wealth through investment in property and realise their financial goals.Topics related articles：

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[link widoczny dla zalogowanych]

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