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The tricky rungs on the property ladder

Property signs
Property signs

It's all too easy for sellers to enter the market and be tempted by high valuation prices set by some estate agents and even be persuaded into thinking that their property will sell within weeks.

Unfortunately, with so few buyers on the market, it probably won't be long before the seller will have to reduce the price. Even then, following potentially weeks of lost opportunity, once the property is reduced in value it may create immediate suspicion that there is something wrong with it and could deter even more buyers in the longer term.

Many sellers may then be left with the feeling they have wasted weeks in selling but also the disappointment of a lower asking price and an agent who is simply unable to market the property effectively.

It's standard practice, for example, for an agent to advertise in the local media and place an eye-catching board next to the property, but it also makes sense to choose an agent who has a great website and also advertises on other major property portals.

Check out their sales particulars, advertising, how they match buyers to sellers, and whether they offer different levels of marketing to suit your particular type of property, and complimentary services that can improve the speed and ease of selling.

It's worth considering some buyers may want to relocate to this area, and the more branches the agent has across the country - and ultimately the more staff working for you - the better.

You should also get advice from your agent about the presentation of your property and how you could improve is saleability. Ask if they conduct viewings for you and how you can help in that process.

For more information on Your Move call Peter on 01622 73828 or go to www.your-move.co.uk

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