When it comes to selling your home, the number one question on everyone’s mind is a simple yet crucial one: “Who is the best estate agent to sell my home?” but what does ‘best’ really mean? For some, it may be about finding the cheapest fee. For others, the highest asking price is the main focus and, let’s not forget those who prioritize a speedy sale.
According to Christopher Watkin, the Property Statistics Expert, a staggering 47% of home sellers are left disappointed, as their properties remain unsold – this marked a consistent 53% success rate for homes that actually exchanged and completed over the past few years.
Let’s break it down:
1. Cheapest Fee:
It might be tempting to choose the agent with the lowest fee. However, what good is a bargain if it doesn’t lead to a sale? Always remember that the fee becomes irrelevant if your home doesn’t end up being sold.
2. Highest Asking Price:
Setting the highest asking price may seem like a clever strategy, but it can be a recipe for disaster. If a home hasn’t attracted offers by the 13th week on the market, it plummets to a mere 14.5% chance of selling. Homes that are priced right can see sales completed in a third of the time, and they’re half as likely to fall through than those needing a price reduction.
3. Fastest Sale:
The sweet spot for generating excitement is when a property is correctly priced at listing. This initial window of two weeks creates buzz among motivated buyers – including those who have been hunting for a while. However, don’t rush into accepting the first offer you receive just for the sake of speed; higher bids may come from buyers who weren’t able to view right away due to scheduling conflicts or vacations.
Personal recommendations from friends and family can be valuable, but keep in mind that the industry evolves quickly, and their experiences may be outdated.
If you lean towards cold, hard facts, you might be intrigued by this: data from TwentyEA, upon whose data Property Statisticians rely, shows us that in the YO8 postcode area, for the period 01/01/2025 - 31/12/2025, including all property types and all price bands the average for all estate agents exchanging and completing on their instructions was 65%. JP Harll’s was 78%, marking a notable 20% higher success rate, and earning us the title of the number one estate agent the area.
So, when you’re ready to sell, make an informed decision – one that goes beyond just fees and asks the right questions about success rates and strategies. Your future home awaits!