Can I trust this agent?

I've finally decided to sell in WA Spearwood due to changing work circumstances. The block (r30) is 1118m2 with a 70's 3x1, and should attract at least some buyers. I decided to contact the REA who was selling the nieghbours block to see if he might have a developer interested in buying both blocks at once. He says after some time..."yes i have someone who will offer between 700 - 750k " and that he will do his best to get the highest price for us.

All we have to do is sign the legalities so that he has the right to sell for the next 60 days. We would not normally go with this company as it is pretty unknown (MSA real estate), but the guy seems legit and we have heard from the neighbor that he has requested a meeting.

What do you think. Is this a normal strategy to reel us in?

Cheers and thanks in advance. Have always used somersoft which was always great.

 

If you are only using this agent for the one buyer they claim to have
then only give them a 2 week authority.

If you would use them anyway then 60 days isn't unreasonable.

 

Hey thanks!

I simply presumed it was fixed at 60 days.

 

In situations like these, is it common for the real estate agent to agree?

 

Some might throw their toys out of the pram but it's fairly standard and I'd do the same in terms of making it a shorter initial period.

Important lesson for anyone reading this thread, I suspect the OP would have received a fair bit more had he/she sold when the market demand for sites was through the roof.
I'm no spear wood expert but someone can probably verify, have triplex site prices dropped at least 100k?