house quickly in a slow market..with our help
Is 2007 the year you'll have to sell your house quickly in a slow
market? As of June 2007, it's becoming harder to assess the current
selling price of properties. Even for professionals. The reason? The
property market is slowing. Or at least, confidence is beginning
to look fragile.
It's official. The
rate rises are slowing house prices. Evidence from the Royal Institute
of Chartered Surveyors, Council of Mortgage Lenders, the Halifax and
Nationwide all point in one direction.
It's true that house prices did rise
modestly in June. But, and it's a big but, the rate of growth is in
decline. Even in London.
The picture elsewhere?
Vendors round the UK are telling us
they're achieving fewer than expected viewings. And with fewer buyers
around, properties are taking longer to sell. Hardly good news if you
want to sell your house quickly.
Surveyors seem to be taking an even
more pessimistic view
The surveyors we've been speaking to
believe a down turn is definitely on the cards. Who can really say?
However it does appear to be rapidly becoming a question of not just how
you can sell your house quickly, but how can you sell
in a slow market?
The HIPS deadline may have caused a
surge in properties hitting the market but wasn't matched by similar
numbers of buyers.
Luckily help is on hand. But first
let's take a look at what you can do to help yourself to a quick house
sale. After all, you can try to sell your house quickly in a slow
market, the traditional way, through an estate agent.
critical eye..using estate agents to sell your house quickly in a slow market
The pricing, marketing and presentation
of your property
Estate agents can be slow to adjust the
pricing of properties to changing market conditions. It's not the
agent's fault. 'Sentiment' can literally be changing as you put your
property on the market.
Do rely on your agent for 'wise
counsel' but if you're property is getting fewer than expected viewings
or fewer than similar properties there may well be a pricing issue.
Phone other estate agents in your area
to get their views and assess the properties your home is competing
against for buyers attention. The Rightmove website is a useful tool in
this regard. You may have to undercut the prices of similar properties
in your area to sell quickly.
Although price is the overwhelming
factor in a slow market, well presented properties will do better. In
fact they'll sell for relatively higher prices in a slow
market than poorly presented properties. In a better market, with more
buyers around, all properties will fetch good prices.
Even if you believe your property is
well presented (clean, tidy, newly decorated) it can be too cluttered or
appear too personal to prospective buyers.
The longer we stay put, the more we tend to collect things. Be ruthless in your assessment.
Finally, to sell your house quickly in
a slow market you may have to offer incentives to your agent to promote
your property ahead of others. For example, you can offer your agent a
bonus if they find you a buyer above a certain price by a specific date.
Sadly, there are no
Even when you have done everything
you can there are no guarantees when you sell on the open market. You
can still lose your buyer or your sale chain collapse.
How to sell your house
quickly in a slow market
Selling to the right kind of cash buyer
can be the answer if you must sell your house quickly in slow market.
Looming deadline? Emigrating? Clearing debts? Mortgage arrears?
We're not like the buyers who walk into
your estate agent's office. We're not impacted by the slow market - no
matter what type of property you're trying to sell. Whether it's a farm
or flat, big or small, in good condition or not. Try us. We can help you
sell quickly in a slow market. Fairly.
If you need a guaranteed property sale
or need to sell by a specific date we can help you sell with complete
peace of mind. So, even if you're
looking to sell quickly in a slow market we may just have the solution.