“Madison Oakley could have caused a new family to lose ......”
1 Star Review
Nov 14,2016
By:
'Disappointed'
Nov 14,2016
Branch: Bath, 9 Moorland Road
Services: Sales (Prospective customer)
Would you recommend?: No
Postcode: BA2
Branch: Bath, 9 Moorland Road
Sales (Prospective customer)
Postcode: BA2
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Madison Oakley could have caused a new family to lose over £50,000 on our house sale!!
We contacted Madison Oakley first for an valuation on our property. Though we booked with them first, we wanted a second opinion for a balanced view on our property's worth. Luckily the second agent came out before, because Madison Oakley grossly undervalued our house! The other agent valued our house at around £220-£240k, with an absolute maximum asking price of £250k. The agent from Madison Oakley told us this was ridiculous and said we should market it at around £175-180k. They said that £200k would be a difficult push. This they based on properties sold years ago! The agent then told us that we would not be using them, even though we hadn't decided ourselves! We ended up getting a third valuation, because of the mixed reviews. This other local independent valued down the middle of the first valuation. We went with them instead as their costs were significantly lower than MO and our house sold in 2 days for ££50,000 more than Oakley valued it at. I am so glad we got a second and third opinion, so we didn't lose out on that money.
Comment on agent fees
Not competitive, even their "special offer" for the"slow market" was higher than most other agencies in Bath at the time.
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