Unfortunately, the topic of real estate agents is a double-edged sword.
We ourselves had the case where we wanted to sell an inherited house and hired a real estate agent for it. He kept coming around and wanted to push the price down. As it turned out in the end, the potential buyer was an acquaintance of the agent.
Then another agent was hired and suddenly the house sold for 100k more, all within a very short time. Especially in cases like this, where the house is several hundred kilometers away, it is quite dangerous. You have no connection to it because it’s too far away. The agent can come up with anything. Moreover, you cannot really estimate the price level there well.
On the other hand, I have very often seen private individuals listing their properties at prices that were well above the average. The worst thing about it is that every day far too many fools still get up thinking, oh how great, I save the agent’s commission, that’s basically a bargain. I once listed a plot of land on Scout. The first thing interested parties asked on the phone was whether the plot was commission-free.
In this respect, I would claim that agents rather keep the price level lower. Of course, an agent wants to sell as high as possible, but he definitely will not recommend moon prices to the sellers, because otherwise he probably won’t sell it. An exception here is our regional Sparkasse, who think they can charge whatever they want. Accordingly, properties sell very sluggishly.