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Milly

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  1. Hi, Last week I decided to sell my house in France. Visited agent no. 1 in nearest town. They advised me to use no more local agencies as to see my property all over town in agents windows would imply desperation on my part. Any thoughts? First agents said some clients use six or seven agencies to market their properties with very negative results as this gives the impression of a house difficult to sell. Agent no. 2 in next nearest town listened to the price I had agreed with agent no. 1. "The market is very flat", she said shaking her head , "Drop the price by €50,000 and we will have a much better chance of selling quickly as interest in your property will be higher". I may be a novice at selling property but it seems to me that the more places you advertise your house the more likely that someone will see it and decide to buy. Hence I have another two agents coming this week. Should I have an A.V. sign at the foot of my drive ? Yes or no ? I suppose agents may think that with a sign out front anyone can make their way to your front door and make you an offer hence cutting out the agents fee ! Also as regards the house price, I think that it is fair going on what I paid for the house and the work done since we have lived here. Dropping the price by  €50,000 is a lot of money to me whereas for the agent a loss of 5% of €50,000 is very little indeed. I would read into this that it suits an agent to have a quick sale for less money. Look at the gain in the big picture with less work involved and a pick up in the housing market with the cheaper properties being quickly bought up and leaving the agents a clear run at selling the more upmarket  properties with a larger return on their fees. So win win for the agents but not for me. The bottom has fallen out of the American housing market. Do you think that investors will now be looking for a lovely house in France ? Advice much needed. Thank you.
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