There was an article in last Saturday’s Times about ” buy to let ” investors buying off plan as there weren’t any suitable houses on the market.
Is this a good idea? Well, that depends on your level of expertise. Buying a property without having seen it is not to be recommended.
Firstly you need to be very sure of your area and make sure you have comparable evidence through monitoring second time sales of similar properties.
We know of a few investors have bought through agencies without even having visited the area, which is certainly not a good idea. Do you remember the queues forming to buy releases of new flats on The Quayside not so long ago, there aren’t many queues there at the moment.
Before jumping in feet first just ask for advice from a local expert.
We are happy to advise on purchases in our area and if you are buying out of town we can put you in touch with one of our associates in our national network.
View more: Housing Banter
Here’s an interesting fact…..
Zoopla’s estate agent statistics show that Renown Estate Agents sell properties more quickly than any other Cramlington estate agent – and by quite some margin too!
The proof is in the pudding as they say. So get ready for dessert!
Screenshot taken from Zoopla.co.uk on 6th March 2014.
Faster by some margin – too right – by up to 16 weeks faster. That’s three MONTHS!
And for any sceptics out there, the same statistics also show that we have the second largest number of properties for sale in Cramlington, so these findings are not based upon a smaller pool of properties to sell. Quite the contrary.
If you would like to see your home faster than it can be sold at any of the agents mentioned above (probably), or you’d like to know how we do it…
Give us a call on 01670 730073
According to Zoopla their research shows that we sell properties more quickly than any other Cramlington Estate Agent.
Another good reason to use Renown then!
As most of you may know… I don’t fly a plane.
Why? I never learned how to.
The founder of Easyjet is reported to be looking to get into the estate agency business. I wish him every success.
I’m off for my first flying lesson. Can’t be that hard.
If he wants a lesson or two on my industry he can always give me a call. Could do a trade maybe. Anyone know his number?
Asda tried it and gave up.
So did Lloyd’s Bank,
Bradford and Bingley
We had a visitor to the office today who told us that, according to his research, we are the agent that sells properties in Cramlington in the shortest time.
Funny thing is that we had someone else in the other day who said the same.
Another good reason to choose Renown.
View more: Housing Banter
There is, arguably, more chance of selling your property now than at any time in the last four years.
The property market in Cramlington is taking off at the moment with the developments at Manor Walks shopping centre, not to mention the Daily Mail publishing research figures stating that life expectancy in the town is more than anywhere else in the country (105 years to be expected for girls born in the Northburn area!)
The Governments help to buy scheme is no doubt helping with confidence at a four year high at a time whie interest rates remain at their lowest level.
There are more active buyers than at any time since the crash.
The economy appears to be picking up. Confidence is growing as lenders start to grant more mortgages than in recent years. Things are on the up and certainly moving. We are seeing improvements in activity on a weekly basis.
The government’s ‘Help to Buy’ scheme has been expanded allowing everyone to benefit when purchasing a property up to the value of £600,000. If you have been thinking about moving, selling or buying at any point over the past 4 years, now is the time to revisit those thoughts. No longer should you feel a need to delay a move or think that the market is too poor to make a move worthwhile.
We’re not saying it’s “easy” now, but certainly the easiest its been within the last four years. You still need good solid advice and an experienced helping hand to guide you. Where better to get this, than from a friendly, local and licensed estate agent.
Give us a call if moving may be on your agenda for 2014 and have a chat with Paul Reynolds or any of our experienced staff.
Don’t forget, we offer free advice, valuations and can even put you in touch with a independent mortgage advisor too.
I look forward to hearing from you!
There were two reports in the same publication today. Both concerning the housing situation. One said that we were becoming a nation of renters. The other that house sales are at a six year high.
We are busy on both sides of the business. Sales are well up on last year and January was a very busy month on rentals.
So whatever you feel like believing the answer is probably right.
View more: Housing Banter
Well they say that computers can get it wrong but, according to a national property website’s statistics, the average time to sell a house in Cramlington is 392 days.
That may come as a surprise to you.
Here at Renown we’ve had a good few months and a busy December for house sales. We expect to be a bit quieter just before Christmas but this year it’s been better than we hoped.
Some of our sales have been achieved within days of instruction.
We wish we could sell everyones house quickly but as the statistics reflect, the market is still tough.
It is important to get the price right. Be competitive!
Do you look for good value when you are shopping? Do you want to pay over the odds?
The house buyer certainly doesn’t.
Position, price, presentation – all so important to get that sale. Oh and another p….Photos ( good ones, not quickly taken snaps before you’ve had a chance to tidy up ).
Oh and don’t forget! You need a good estate agent. Here’s our number: 01670 730073
View more: Housing Banter
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