Selling? Pricing is Crucial…

3rd December 2010

VALUING TO SELL OR GET THE INSTRUCTION?

The importance of realistically pricing property to sell

As we are all aware, the property market has faced much uncertain over the past couple of years. We are no longer in a period where any house on the market, at practically any price, will almost certainly sell. It is currently a buyer’s market.

This is why it is vital that each property on the market is priced realistically and accurately. This does not mean selling a property at an undervalued price. It simply means that if you wish to sell your house then it must be priced correctly. Any unprofessional agent can quote you high valuations and misguided figures, but achieving the sale in this climate is another matter altogether.

When selling your house it is imperative that the final valuation figure that you receive is based on experience and knowledge of the local market. A useful exercise would be to ask for the values of comparable properties, just so you can get some realistic sale values in your head. And these must be values at which properties have sold, not just marketed! The last thing that anyone wants is your property for sale sitting and stagnating on the market for months with little interest because an agent has overinflated its value just to get your instruction.

GET THE FACTS, NOT THE FICTION!

See Which Houses Have Sold in Cramlington and at What Prices

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