Tag Archives: commission

Who’s the Biggest Loser?

If you ask your estate agent why you haven’t yet sold your house, he’ll blame either your asking price (too high) or the market (too slow) or both.  So what’s his answer?  ”Drop your price”.  This strategy, he assures you, … Continue reading

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Who is your agent working for?

When you first sign up with your estate agent, if they are doing a good job, you feel special.  After all, they really wanted to be instructed to sell your house, perhaps against stiff competition, and so they almost certainly … Continue reading

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The Freakonomics of commission

In their fascinating book Freakonomics, (subtitled “The hidden side of everything”) Levitt and Dubner explore the issue of estate agents’ commissions.  They propose that one way of discovering whether an estate agent is doing their best for their client, is … Continue reading

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Cuts? Not on my watch.

Estate agents have it bad these days, (you ask them) . Not enough houses coming to the market; not enough buyers registering; over-optimistic sellers; over-cautious buyers. They’re competing for the best properties, and slashing fees to secure the instruction.  Where … Continue reading

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When is a mistake not a mistake?

….when you learn from it, of course! What was the first thing you did when you decided to put your house on the market?  If you diligently booked three appointments with estate agents, to obtain three valuations, you are not … Continue reading

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The Seller’s Trap

I had an enquiry recently from a rather cross man who has had his house on the market for six months.  In that time, his agent has only managed to produce one viewing.  Given that his asking price seems at … Continue reading

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