Facebook
Britain's News Portal
Around The Clock
BREAKING
Loading latest headlines…

Understanding seller's true goals key for estate agents, expert says

Estate agents who focus on a homeowner's ultimate moving goals, rather than just selling their current property, may be more successful, according to Chris Webb.

  • Homeowners often view selling their house as a step to achieve a different goal, such as needing more bedrooms or a bigger garden.
  • An estate agent's understanding of a seller's end goal can make them more valuable to the homeowner.
  • Motivation to move can increase significantly when the right onward property is found, even if the current home hasn't changed.

Estate agents may gain an advantage by understanding homeowners' underlying motivations for moving, rather than solely focusing on the property for sale. Chris Webb, founder of The Estate Agent Consultancy, suggests that selling a home is often a means to an end for sellers, who are typically focused on their next property or lifestyle change.

Homeowners might be seeking an extra bedroom, a larger garden, or a move closer to family or a specific school catchment area. Webb notes that while discussions often revolve around the current property's value and marketing, sellers are frequently picturing their desired future home.

This distinction can significantly impact the relationship between agents and homeowners. Webb explains that when an agent understands the seller's true objective, they become more valuable. This also clarifies why a homeowner's motivation can rapidly intensify once a suitable onward property is identified, making factors like valuation and completion dates more critical.

Helping with the onward move can differentiate agents, as an agent who understands the homeowner's ultimate destination can offer a more meaningful conversation beyond just selling a house.

Why this matters: Understanding the true motivations behind a property sale can influence how estate agents approach their clients and potentially affect the success of a sale.

What this means for you: If you are selling your home, considering your true motivations for moving and communicating them to your estate agent could help them better assist you.

Related Articles

Get the news that matters.

Join thousands of readers getting the best of British news straight to their inbox.