On Pricing Your Property

Current inflationary pressures and rising interest rates have seen the market cool during 2023. Median house prices have either dipped slightly or plateaued this year and days on market have extended compared to 12-18 months ago.

Now more than ever it’s important to price a property correctly if it is to sell within a reasonable time frame. Getting the price right at the outset will ensure immediate interest, more attendances at opens, more qualified buyers prepared to make offers and less time on the market. Overpricing a property then reducing the price over time can often create a negative perception which tends to steer buyers away.

Our experienced team conducts meticulous research to ensure homes are priced correctly, taking into consideration recent comparable sales, location, condition and the agent’s own extensive market knowledge.

For the best advice on selling your home, including an obligation free market appraisal, contact one of our dedicated team.

Until next week,
Nick Lord (Director)