5 Things Homeowners Should Know About Working With An Estate Agent in Sunderland

Working With A Real Estate Agent in Sunderland

Do you need to sell your house in Sunderland? In our latest post, we offer 5 things homeowners should know about working with an estate agent to help sell your house. 

When it’s time to sell your house in Sunderland, your first instinct may be to call up a local estate agent to quickly get your house on the market. While this works for some homeowners, there are a few things you should know before hiring a Sunderland estate agent to help you.

The Costs Can Be High

If you decide to sell your house with a Sunderland estate agent, make sure that you’re aware of all of the costs that typically go into a successful listing. Aside from the thousands that will be deducted from your offer when the house sells, you will have a number of expenses to deal with before your house even hits the market. To start with, you’ll need to make some basic repairs and may need to have the house professionally cleaned. Some homeowners will even have an inspection done on their own so they know what to expect when their potential buyers have one done. Add all of this to your running costs, and you’ll see how a simple listing can quickly turn into bills costing thousands.

It May Take A While

While this varies from place to place, it will typically take much longer for a traditional sale to be completed as opposed to a direct sale. While your house is listed, you’ll still have your running costs, such as maintenance, mortgage payments, utilities and insurance. Not to mention, it’s difficult to plan ahead when you don’t know how long it’s going to take. You don’t want to miss out on your dream property because your current home isn’t selling.

Not All Agents Are The Same

While some agents are there to help and provide genuine service to their clients, there are others who are simply after that commission payment. They will encourage you to make expensive upgrades to sell the house faster and they’ll encourage you to take less then it’s worth just so they are able to cash in quickly. If you decide to list your house with an estate agent in Sunderland make sure it’s someone who comes highly referred and that you are certain you can trust.

Your House May Not Sell

Just because you list your house and ask for a certain amount, does not mean that you will get it. Many sellers get frustrated when they find themselves spending money to list their homes for sale, only to hear crickets. Just because you fix things up and spend money making the house look as good as possible, does not ensure you will get an offer. If you decide to list and spend money getting your house ready for selling, be aware that you might not see the returns you’re after. When working with an estate agent in Sunderland, there is no guarantee if or when you will receive an offer. And if you do get an offer, they may try to negotiate for a lower price.

You Have Other Options

The good news is that hiring an estate agent in Sunderland is not the only way to sell your house. For certain houses and situations, investing money into the property before selling it can be a huge waste. Factor in the commissions, running costs, and closing expenses, and you could be looking at thousands of pounds down the drain. Another approach is to sell your house to a direct buyer such as We Buy Homes North East . Working with a direct buyer will allow you to sell your house in just a few short days without any fees deducted from the offer or money spent out of pocket. You’ll know exactly what to expect and when the closing will take place.

If you need to sell your house in Sunderland, be sure that you are aware of all of your available options and how they will affect you. People aren’t always aware of the costs, time, and frustrations a listing can entail. Homeowners have been known to brush off the idea of a direct sale because of the lower prices associated with them. However, once you factor in the time, money, and energy that goes into listing your Sunderland house, you will see that the selling methods will produce similar results. We encourage you to run the numbers for your property so you can choose the option that makes the most sense. Please reach out to us if you have any questions about what we do and how we can help you sell your house fast in Sunderland.

Working with an estate agent in Sunderland may not be the answer for you. Explore your options by sending us a message or giving us a call today. 0191 369 2088

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