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Overvaluing – 5 Top Tips To Help You

Jun 17, 2021

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It's amazing how unprofessional some estate agents can be in a strong and active housing market. I'm talking about overvaluing just to get the property listed.

I have always stood by this mantra, "A house is only worth what someone wishes to pay"

Here are my five best top tips when you have your house valued:

  1. Just make sure you use a NAEA licensed estate agent that is bound by far more regulation than a standard agency. (You can search every company to see if they are, just go to www.naea.co.uk)
  2. Look at the evidence they present you on properties in your area that have sold, and their actual sold price.
  3. Go with your gut feeling with regard to the agent that visits. Trustworthy or a good salesperson?!
  4. Is the valuer local? Living within the immediate community can have a dramatic impact, as they will care far more about their reputation locally.
  5. Does the valuer have good knowledge of the industry, and of the local area? Another really important attribute.

If you follow these five tips you should be getting the best advice and avoid listing your property too high, and then having to reduce before finally achieving that all important sale.