Chelsea Harbour Living

Sole or multiple agency. Click here to learn more.

"Usually the best arrangement is to interview a number of estate agents, choose the one who seems best, and instruct him on a sole agency basis."

"Multiple agency isn't really a very good idea. You are not doubling the pool of buyers every time you double the number of agents appointed, because the same buyers will be approaching all the local agents. In fact, you are just demotivating the agents, because they are going to put much more effort into selling properties where they are guaranteed to get a fee, than one where they've only got a one in three or less chance of winning. And you pay the eventual winner a higher percentage fee. If you are dissatisfied with the single agent you appoint, the better option is to find a new sole agent, not to just adopt the scattergun approach of appointing lots of agents."

An extract from our website. Click here to read more.