Selling your home privately can be an excellent way of saving on costs. Here’s what might probably be called “the open secret” of the so-called secondary market oil industry: as a group, the crude oil and petroleum products sellers, and their long string of brokers, agents and intermediaries, generally close no deals nor make any sales or income out of the oil product they purport to sell, frequently after several months, even years, or perhaps for ever, of doing the business.
Put very simply, many brokers and agents, driven and limited by the fact that they generally lack much training or knowledge in the fundamentals of international trading, and by the fact, in today’s Internet era, that their only “qualification” for assuming the mantle of being a “broker” or “agent” in the oil business, is simply that they have an access to the Internet and a computer, often behave in their conduct of the oil selling operation, in a manner that “resembles, often, a Zoo full of monkeys” – in the words of Kamal J. Southall, the author of a classic on “‘the Joker Broker” character.
A big, national agency – or even a letting agent that’s owned by an estate agency – might have more marketing resource to help rent out your property, and can be a better option for landlords looking to rent out multiple properties in different locations.
However, you might want to check how comprehensive an agent’s marketing is before you agree to a sole agency – if they don’t cover all the bases (or have over valued your house to get the business), you don’t want to be locked into a contract lasting months and months.
You’re likely to have a lot of contact with your estate agent over theÂ weeks and months after engaging them, so it’s worth thinking about who you’d be happy to do business with on a personal level, and make your decision based on these factors as well as the fee.