8/11/2013

When Is It Good Time to Change Agencies?

It is such an emotionally charged and stressful time, when you are selling your home, that it is hardly surprising that most agents get it in the neck if nothing happens for a while.

Before you have agreed terms and signed the conditions, make absolutely sure you are not locked into an exclusive arrangement for months on end. Read the small print, because you may find that if you are unhappy with your agent, you are unable to move for a specified time.
Most agents insist on six weeks after it has officially gone on the market and that's fair. Give them a chance, for heaven's sake! Advertising lead-times (the time between placing the ad and publication) mean that sometimes your home won't appear in the publication for three weeks.
If, after that time, you get very few viewings or feel that you are not getting the right attention, it is time to move on. Shop around again and choose another suitable agent. You may already have a second choice, but ask the first agent why he feels your home is 'sticking'. It could be something you could so easily rectify or it could be overpriced.
Saturation point
The time to change agents is when they have marketed your home and arranged several viewings, but for some reason you haven't received any offers. Sometimes many weeks can go by without a viewing and the property will be seen to be 'sticking'. Unfortunately, your agent will have reached saturation point and will be far more interested in the newer properties he is currently dealing with. This is the time to put your home with a new agent who has a fresh approach.
If your home is not selling, there might be something wrong with it! Sorry to be so blunt, but it's true. It may be overpriced or lacking the appropriate presentation. Take a long, hard look at your home or ask a friend for their honest opinion. It may not be only the agent you need to change.

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