Agents And Property Valuations Done Properly

As a property agent in Murcia region with 7 years in the business I can never come to terms with the way other Agents value property. In fact they don´t value at all, they simply ask the owner how much they need and add commission on top. Image what that does to the market!! Overpriced and dead within a year. I have always valued my potential vendors property as exact as possible useing market knowledge, location experience and historical growth patterns. Yes it takes a good deal of effort and thought and 60% of would be vendors will not place their property with me, instead it becomes wallpaper in other agencies. After a few months they often call me again to see if I will up value it, I never do. So they step in line with my origional valuation and I sell it. I charge 5% but I work hard for it and after paying expenses, wages, advertising and sometimes a supplying agent I see about 2% for myself/business. That is about what a UK estate agents earns on average, but they often do not do assisted viewings, I do, for 3 days solid!!! and feed and water the buyers. I don´t feel guilty about keeping my valuations low and I don´t feel guilty about my commissions, but I do sell houses in around 8-12 weeks on average. Perhaps if other agencies applied my valuation techniques their business would be a little busier and they may sell some of their clients houses.

This message was last edited by Gillespie on 2/13/2007.

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Good for you Gillespie - we in Marbella work the same way!

See - there are a few of us around!!

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We seem to be a minority Rixxy - Maybe we could start an official body and appoint our partners and cronies to the code of ethics commitee.

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Only if I can buy an award and a medal!!!

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This message was last edited by JeansSis on 5/17/2007.

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OK I got the message - Ive put me whereabouts, now need toload up an avatar - who thinks of those names anyway

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I´m not a regular forum user of any experience but, Avatars are quite Freudian and do seem to give an insight into the character of the user, they tell us more than we think, I of course chose mine to throw you all of the scent ;+)

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This message was last edited by JeansSis on 5/17/2007.

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mmmmm, now JeansSis, let me see, a leaping frog hitting itself with a hammer, could it be that u r a dissilusioned french national? or a french chef perhaps? Nope, this Freud stuff is harder than I thought. Maybe I should go back to body language, that´s far easier ;+)

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Hi Gillespie that must mean that Rixxy is quite horny having looked at her Avatar - must be a spirited beast too!! Mind you she does drive a ragtop and she's blonde so guess some truth in it.

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Cheeky sod! I like unicorns, longer the better! Got me car back now - its even faster now the water works.

Have a great weekend everyone

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Hey Rixxi, Sorry to here you had problems with your water-works!! Smiley says you are Blond and drive a convertable, do you do inspection trips!! I´d like to put my name down for 1. Can we keep the roof on your car up though cos I´m losing my hair rapidly! I don´t use hairdressers anymore it just falls out in this style.

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Hiya - All sorted now, yes and yes but no dont do inspection trips - thats why I have a ragtop! Its great for hair loss, you get a free massage with the drive!

I meet peeps to show them properties, if they want to get into the car (at their own risk!) then they have to brave the 35+ degree heat, blaring sunshine and leather seats!

If your over and want to see properties let me know.......

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Nah he wants you to show him the nudist beach!

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I wouldn´t look elsewhere, I would be all eyes for Rixxi ;+)

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You guys are so cute - breakfast fodder really! I will have to change the avatar I think......

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Hope you dont mind if I change the subject for a minute guys ha!ha! Have you got a website Gillespie?looking to go back to Murcia in a few months for property,sound like someone I would trust after this experience with Palmera. pm me if thats ok?

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Dunno about that! Why dont you pm Gillespie - he ill help you out. Nice guy and no I dont work for him!!

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