Frantic sellers switch agents to seal deals
HOUSE sellers in Edinburgh are frequently switching estate agent in a bid to speed up property sales, it was claimed today.
Matthew Munro, of Knight Frank in Edinburgh, said the current property slowdown was causing frustration over the length of time it takes to sell homes.
Mr Munro said: "We have gained clients at other agents' expense and have lost clients when they have moved on to someone else.
"There is a lack of confidence in the market just now which is causing a degree of panic among sellers, who are either taking their property off the market, postponing the sale or moving to another agent.
"This is not going to speed up the process – in fact it can even look bad for the seller.
"Reputable agents, who have plenty of experience in the housing market during good times and bad times, will give the best advice to their clients – tailored to suit the circumstances.
"Both seller and agent want the same thing – the best price for the property.
"At the moment, the market is slower than last year and footfall is down."
The full article contains 190 words and appears in Edinburgh Evening News newspaper.
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Last Updated:
16 July 2008 9:57 AM
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Source:
Edinburgh Evening News
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Location:
Edinburgh
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Related Topics:
Mortgage and property news