Beware Overvaluing Your Property
Overvaluing a property is a well-known tactic that some Bala estate agents will use in order to impress you to secure your listing instruction. Therefore, do not fall into the trap of simply choosing the Bala estate agent with the highest valuation because an overpriced property will tend to attract the wrong kind of buyers to your Bala property and the right buyers may never get to see it.

This practice can result in the property remaining static on the Bala housing market. This can also lead to the property having to be subsequently reduced falling below its true market value. The issue of obtaining a correct valuation is therefore paramount to the selling process.

It is critical that you appoint a Bala estate agent who not only has a track record of successful sales in Bala but also has a thorough working knowledge of current buyer activity and who can interpret and communicate prevailing market trends to your advantage.

Lettings
When choosing a selling agent it could be advantageous to select an agent who also manages let properties.

Letting agents have long term buy-to-let property investors permanently on their books who buy regularly from them. They know the agent and they are likely to make quick decisions and reliable offers.

These investment buyers prefer to buy through that agent because it is easy for them to let out their new investment quickly after purchasing your property.

Many tenants also register to buy. Good letting agents build strong relationships with their tenants and are in a good position to help them buy one of their own selling clients’ properties.