Why it pays to choose a local agent
March 6th, 2013

Last month I was a little surprised when the owners of a local semi detached property I had just valued, informed me that two other Estate Agents had valued it £20,000 less than I had just estimated.  £20,000 represented more than 10% of a difference and it is a substantial amount for one of us to be wrong.   However, I never doubted that I was right as I know the area very well and also know which recent sales to compare the value to.

We put the property on the market at our suggested price and agreed the sale within two weeks at the figure we had originally estimated.

So, if our clients had not believed us and opted for one of the other Estate Agents who were based on the Lisburn Road, they would now be £20,000 out of pocket.

The reason the other Estate Agents were so far off the mark is because they are not as familiar with the area and therefore based there valuations on the wrong comparisons.

It could have been a costly mistake for the vendors but luckily they put their trust in the local agents and it paid off handsomely.

Christopher Pooler