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Estate agents Bath work on your behalf by Minner Stev





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Estate agents Bath work on your behalf by
Article Posted: 03/28/2013
Article Views: 40
Articles Written: 117
Word Count: 383
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Estate agents Bath work on your behalf


 
Home Improvement
Estate agents Bath can be responsible for not only selling properties on a homeowners behalf but can also now be in charge of letting and maintaining them too. The role of an estate agent has evolved rapidly over the years. After you approach an estate agent to sell or let your home, you can expect them to engage in a plethora of tasks on your behalf, marketing the property and attempting to match it up with appropriate buyers or tenants. Reputable, high quality estate agents Bath can be expected to keep themselves constantly up to date with new legislation and trends within the housing industry, and are relied upon for their expertise in their field. This may mean that they have to devote much of their free time developing and updating their knowledge base.

How they make money

Estate agents Bath make their money through commission, taking a cut of any proceeds that you’ll acquire through the sale or letting of your property. Agents in the South of England generally charge more for their services than they would in the North. They share your goal of commanding the highest sums possible for your property whether you’re renting it out or selling it because their fee is based on a percentage – the more you receive, the more they receive too. Although estate agents Bath that quote you a very low commission rate may seem attractive, it’s important to approach them with caution, as they have less of an incentive to sell or let out your property than they would with a higher percentage.

Other fees

Although estate agents Bath generally work on a percentage/commission basis, there may be one-off fees for certain services such as drawing up a rental contract. They are also likely to charge prospective tenants for fees relating to administration. These fees are generally known as application fees and often include a credit check. Tenants don’t usually receive a refund if a credit check fails. Marketing a property usually includes the tasks of advertising it and targeting the right people. Letting and estate agents will also show potential buyers or tenants around a property on your behalf, using their expertise to give them an accurate run down of what they can expect when they move into your property.

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