Why choose STQ Property Group to market your property?
Why should I use an estate agent?
An estate agent is more than just a “sales person.” They act on your behalf as your agent, providing you with advice and guidance whilst helping throughout the process of buying or selling a home. This involves the intricate task of pricing, marketing and promoting your property correctly in the first instance, therefore mitigating any unnecessary delays.
The Internet has opened up a world of information that wasn’t previously available to home buyers and sellers. The data on listings available for sale is almost current – but not quite. There are times when you need the most current information about what has sold or is for sale, and the only way to get that is with an agent.
If you’re selling a home, you gain access to the most buyers by being listed in the Multiple Listing Service. Only a estate agent who is a member of your local MLS can get you listed there – which then gets you automatically added to some of the major estate agency websites, such as Rightmove and On The Market. If you’re buying or selling a home, the MLS is your agent’s best tool.
However, the role of an agent has changed in the last couple of years. In the past, agents were the only way home buyers and sellers could access information. Now, agents are evolving, because today’s home buyers and sellers are far better informed than in the past. Expertise and ability are becoming more important.
The estate agent is becoming more of a “guide” than a “salesperson” — your personal representative in buying or selling a home.
I have received a valuation but I called another estate agent who suggested a price more in line with my expectations. What do I do?
You might want to consult a couple more estate agents on the market value of your home. Most of the estimates should be in the same ballpark.
It could be that your original valuation is more honest about the value of your home and the other estate agent gave you a higher number because they anticipated a higher selling price may win your business. This is called “Buying a Listing” and is something that StQ Property Group will not do just to get a listing, as it wastes both our clients time and our own. Setting a realistic price at market value is the most appropriate course of action when selling your assets.
However, it is always wise to do a little research yourself to ensure you are comfortable with the valuation and that your expectations are in line with your estate agents appraisal.
I can’t decide whether I want to purchase a project or a property that is already refurbished. What are the pros and cons?
If your goal is to buy a home for its resale value and the potential to make a profit then a project property in a good area is absolutely the right decision. Always be as realistic as possible with renovation costings and associated taxes that will be deducted prior to any profits.
A refurbished property can offer you instant benefits and may only require minor alterations to suit personal preferences, this may be more suited to individuals with a busier lifestyle and tighter financial constraints.
Ask your agent for the statistical breakdown of properties within your budget and location preferences to ensure your decision is justified when choosing your next home or project.
When comparing properties on the market, what factors influence the price?
The main factors will be location, plot size, number of bedrooms and more commonly any potential future alterations or development. These should be taken into consideration when comparable properties seem to have contrasting prices.
This should also be taken into consideration when valuing your own home and comparing it to other properties on the market within your area.