Re: First Property Selling
Zoopla describes my property as a flat and has valued it accordingly. It must be the only two-storey flat occupying its own freehold land (no other residence above or below) in the world. As others have said, these are very rough guides based on a mathematical formula that takes no account of factors such as local supply and demand. Or, in my case, the actual type of property.
I would suggest "interviewing" at least three estate agents, not just to help you establish what would be a reasonable valuation for your house, but to allow you to ask pertinent questions such as how strong is the local market, how many sales did they complete last month, where do they advertise, how often will they provide you with feedback (even when there appears to be no interest or no viewings booked - they can, for example, determine how many 'hits' there have been on your property's details on your website) and what kind of marketing techniques they have used successfully for others if interest appears to be weak or is flagging. You will also want assurance from them that they will only arrange viewings for people who at least have their own houses on the market and have the financial wherewithal. Otherwise you will spend much fruitless time tidying up for what is known as "carpet treaders" - people who like to while away a pleasant Saturday or Sunday afternoon amusing themselves by looking around other people's houses.
You will be paying the estate agent a great deal of money if they sell the house for you so you should feel confident about asking lots of questions until you feel able to decide which one should be given the job.
By the way, I am not an estate agent....just someone who has been through the selling process a time or two. Good luck!
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