A traditional Estate Agent is a business that arranges the selling, renting or management of properties, and other buildings. An agent that specialises in renting is often called a letting or management agent.
Estate agents are mainly engaged in the marketing of property available for sale and fees are usually negotiated as a percentage of the property value or in some cases fixed.
The vast majority of people use an estate agent to sell their home on the open market. An estate agent has knowledge of the local area, the type of properties for sale within it and the potential demand which allows them to calculate your property’s value accurately.
Estate agents market and sell property but they also:
- Deal with paperwork
- Monitor the chain
- Liaise with your solicitor
- Negotiate with buyers and sellers
Estate agents have access to a database with many potential buyers, most of whom are ready to view immediately. Estate agents also have access to many forms of social media to advertise your property – on the internet, through the post, in local or national newspapers, at their local branch or on a ‘For Sale’ board at your property.
Following extensive advertisement, an Estate Agent can manage and conduct all the viewings of a property as well as being on hand to answer questions. The Estate Agent can also manage the sale process by liaising with everyone in the chain and solicitors to ensure that everything is running smoothly and negotiate on your behalf.
For more information on how to buy and sell a house through estate agents please visit the Money Advice Service for professional hints and tips.
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Alex Neil Estate Agents were founded as Estate Agents in Surrey Quays and the Isle of Dogs over 30 years ago when many parts of Canary Wharf, Docklands, East and South East London were derelict wastelands.
We are an established sales and lettings agency integral to the ever-changing local property landscape. Alex Neil Estate Agents offer and successfully deliver our full range of services across a broad expanse of London.
We have a proud history of selling and letting property in Canary Wharf, Docklands, East and South East London.
South of the river we focus on Tower Bridge, Shad Thames and Bermondsey, through Surrey Docks, Canada Water, Rotherhithe and east through Greenwich, Blackheath to Woolwich and Abbey Wood.
Our offices located to the north of the river cover Bow, Bethnal Green, Canning Town, Hackney, Wapping, Limehouse, Poplar, Canary Wharf, through Docklands, the Isle of Dogs to Royal Docks.
Our award winning independent offices were established in 1984 and our business catchment area has grown alongside our success in sales and lettings. The standard of our service has been recognised by the customer review site allAgents, we received multiple awards including "Best Estate Agent in London" 2017.
Whatever your property needs, whether you are looking to sell, buy or let a property we have been, and continue to be the first-choice estate and letting agent for Canary Wharf, Docklands, East and South East London.