The market runs on confidence. If there is none then the market goes flat. Why would you in any profession talk yourself out of a job?And that’s coming from an ex estate agent. What an absolute chiselling ****’s profession, no wonder you wanted out.
I recently had my flat in North London valued by a surveyor, not to sell but for a lease extension. The figures he quoted me were some way below what these flats were going for three years ago.
the hatred towards agents is unfair as they merely mirror the public. They tell you what you want to hear. People will generally list with the agent that gave the highest value. The highest value is down to people being twats and thinking their house is worth more than the one round the corner as theirs has a Sqm more garden. As an agent you don’t win business by telling people what you actually think of their little **** hole.
Using a surveyor for a a valuation is always a minimum of 3 months behind what the market is actually doing. As I have to use sold data as in completed sales. I can’t use thing which are stc.
