Details You Should Never Give Your Estate Agent When Selling Your Home
If your intention is selling a house quickly in the UK through a real estate agent, it is important to be honest when dealing with them so that their work is simplified. There are, however, monetary and personal details that you should never disclose because they can ruin the process or slow it. The following is a look at some of them.
Never ask your agent that you only prefer certain types of buyers. This is due to the fact that, it is a discriminatory practice against the type of buyers you do not prefer and it is against the law. It also has the effect of reducing the number of potential buyers, leading to your house staying on the property market for a long period of time.
The law requires you to disclose important information about your house. This includes structural damage, renovations and other types of information that could affect tits price. Visit the NAEA if you want to get a little more information about how you should sell your home. You should not, however, disclose that someone met his or her death on the property not unless it was caused by the structure's conditions of safety.
The reason for this is because your realtor could accidentally disclose this information to buyers, which may result to a reduction in the asking price of your house or its delayed disposal. Likewise, disclosing to an agent that you intend to sell the house due to a terminal medical condition or due to the fact that you are going through divorce is detrimental to the sale because your agent may take advantage of you and offer you a price below what you expect.
Never disclose to an agent that you are selling a house quickly in the UK due to desperation brought about by your financial woes. This will significantly reduce the amounts you receive because buyers will take advantage of your situation and give low offers. Astonmortonslack.co.uk is a great place to find out what you need to do to sell your home. Disclosing to agents that you are selling because you lost your job may lead them to advertise your house on the market in a way that signals to buyers that you can accept offers below your asking price.
You should never tell your real estate agent that they can take as much time as they wish when selling your house. Doing so has twin effects because a house that is on the market for a long time fetches a low price. A real estate agent is a great asset with selling a home and you can find out more about them here: http://www.britannica.com/EBchecked/topic/492970/real-estate-agent. It also reduces the motivation in your agent to find a quick buyer. In ideal situations a period of three months is ideal for an agreement between you and your agent. Beyond this period, you have the option of looking for another agent or renewing your agreement.
If your intention is selling a house quickly in the UK through a real estate agent, it is important to be honest when dealing with them so that their work is simplified. There are, however, monetary and personal details that you should never disclose because they can ruin the process or slow it. The following is a look at some of them.
Never ask your agent that you only prefer certain types of buyers. This is due to the fact that, it is a discriminatory practice against the type of buyers you do not prefer and it is against the law. It also has the effect of reducing the number of potential buyers, leading to your house staying on the property market for a long period of time.
The law requires you to disclose important information about your house. This includes structural damage, renovations and other types of information that could affect tits price. Visit the NAEA if you want to get a little more information about how you should sell your home. You should not, however, disclose that someone met his or her death on the property not unless it was caused by the structure's conditions of safety.
The reason for this is because your realtor could accidentally disclose this information to buyers, which may result to a reduction in the asking price of your house or its delayed disposal. Likewise, disclosing to an agent that you intend to sell the house due to a terminal medical condition or due to the fact that you are going through divorce is detrimental to the sale because your agent may take advantage of you and offer you a price below what you expect.
Never disclose to an agent that you are selling a house quickly in the UK due to desperation brought about by your financial woes. This will significantly reduce the amounts you receive because buyers will take advantage of your situation and give low offers. Astonmortonslack.co.uk is a great place to find out what you need to do to sell your home. Disclosing to agents that you are selling because you lost your job may lead them to advertise your house on the market in a way that signals to buyers that you can accept offers below your asking price.
You should never tell your real estate agent that they can take as much time as they wish when selling your house. Doing so has twin effects because a house that is on the market for a long time fetches a low price. A real estate agent is a great asset with selling a home and you can find out more about them here: http://www.britannica.com/EBchecked/topic/492970/real-estate-agent. It also reduces the motivation in your agent to find a quick buyer. In ideal situations a period of three months is ideal for an agreement between you and your agent. Beyond this period, you have the option of looking for another agent or renewing your agreement.