The property market in the UK has been a scene of many deal of ups and downs over recent years, as has been much reported. However, the truth is that it is always like that, with fluctuations at a local and national level no matter how good, or poor, the economic climate.
The property market in the UK has been a scene of many deal of ups and downs over recent years, as has been much reported. However, the truth is that it is always like that, with fluctuations at a local and national level no matter how good, or poor, the economic climate.
For this reason, selling a home always remains somewhat of a lottery. After all, in very few cases, the people presently living in a property are not those who first viewed it.
Maintaining this sense of perspective and staying realistic about matters is key to not only succeeding in the property market, but also staying sane. Even those sellers with the best estate agents in the area working for them are not guaranteed to sell quickly.
An area where the realism facility often takes a hit regards setting an asking price. The best way to determine this, as is mentioned in many selling guides online, is to seek three valuations, do a little personal market research, and come to a figure from that. However, this often doesn’t quite take place.
For example, many sellers think if they add on another 5 or 10 per cent, then they are more likely to get the market value. Others will go a step further, perhaps adding as much as an additional 15 or 20 per cent. Such people are likely doing this largely because of the time, love and attention they have put into their home. On both counts though, such actions are not going to help you.
Having searched through local estate agents for the best in the area, perhaps after having read the estate agent reviews that we at Meet My Agent provide, it is best to let the agent lead things. Deciding the correct price point, and handling negotiations is how they make their money after all and, is how they secure the best deal for their sellers.
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