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Overvaluing and Under-Feeing

Posted by: andrewlund

There is an increasing impression that more Estate Agents are engaging in a combination of Overvaluing and Under-Feeing. Telling someone that their House is worth more than it really is is a good way of getting someone hooked. Similarly, quoting what on the face of it seems to be a low fee appeals to the bargain-hunter in all of us. In reality both practises are bad for those who are serious about selling their Property. Bringing a Property to the market at a bloated price can have only one effect and that is to alienate prospective Purchasers. Cheap fees mean a penny-pinching approach to Client Care and Marketing. In a difficult market serious sellers need to be savvy about their choice of Estate Agent.
Andrew Lund
Andrew Lund

Compliance Officer for Legal Practice

Andrew oversees the Firm’s Quality Systems and is committed to making sure that our client’s receive the very best customer care and attention along with the best marketing and legal advice in the area.

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