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just reading someone elses post i would like to add that giving an agent 6 weeks to sell a property is insuffucient time simply because of how the market it is at the moment. Also keep in mind once you sign that agency agreement some solicitors take 2 weeks and sometimes more to get a contract for sale to us and we cannot advertise a property until we have this contract and then by the time it gets in the paper there is another week so there is 3 weeks already gone and we are unable to promote your property so therefore it leaves us with only 3 weeks to do something. So its fine to say you will only give an agent 6 weeks but keep in mind these other things. If you want 6 weeks of productive selling time then you should definately have the contract ready for the agent to use when appointing an agent.
On another note, Open Listings generally do not work because it is not a guaranteed commission to them where a Exclusive is. Agents usually will not spend any money advertising listings that are open simply because there is no guarantee that they will recover their money and alot of them also think well its an open agency i better work hard on an exclusive because at least i know i will get paid for that and the opens get left behind. Obviously its your choice how to sell your property but thats just some insight how alot of agents take to having a small period to sell a property when it isnt Auction and how they think to open agencies.
If you want to discuss further you can email me at [email protected] as i only come to the boards every so often!I personally dont believe in the Jenman system and i am an agent, i think the best way to find an agent is to go with someone you feel you can trust and do some research in the area about prices so you know yourself if they are trying to get your business by putting a high price on the property. So many agents do this and it really narks me, there is also the vendor who sometimes has unrealistic views on how much their property is worth which is hard sometimes to make them see it really is not worth that much.
The reason i dont belive in the full jenman system is because it is impossible to do every single little thing he says and also showing one person at a time its just way too hard, it is way too time consuming and lot of people do prefer to inspect at opens. I guess its personal taste but if you go with an agent who isnt Jenman and you dont want an Auction just tell them!!
