27 November 2018
There is nothing worse than seeing a property sit on the market for a number of months at an inflated asking price. In an increasingly competitive market place where buyers have access to a range of tools themselves positioning a property at the right price is imperative.
An agent’s job ultimately is to secure the best buyer for your property at the best price for you. To achieve this it is important to understand the local market, what buyers in the area are looking for and know why one house achieved a lot more than anther a few doors away, as without this knowledge how can you confidently know where to position a property in the market?
There are some agents that just list properties for an upfront fee, these “local experts” generally have nothing else to do with a vendor once a property is listed and rarely conduct viewings so how can they claim to confidently know what you should be asking for your most expensive asset? These agents generally will suggest marketing at an exaggerated asking price, securing their upfront fee and will then leave you dropping the price over a number of months until a buyer comes along with an offer.
Positioning a property at a realistic figure when launching will maximise the amount of viewings you receive to start with, which will generally create competition between buyers and will result in you achieving the most for your home going forward. With your agent conducting all viewings and collecting feedback from yours and other properties nearby it helps to secure the right buyer quickly.
Goadsby in Charminster are pleased to report that for the month of November they have achieved on average 99% of the asking price for each property sold. For an honest realistic market appraisal of your home please call Tim and the team on 01202 859966 or email tim.winslade@goadsby.com.