“Go on sale now or wait and see?”
This is the question that many homeowners seem to be asking themselves at the start of 2012. The hesitancy is most likely down to economic uncertainty and worry about jobs, etc. The result is that the market is seeing a void in the number of good properties currently for sale and estate agents are finding themselves short of stock with too many buyers on their books.
Rightmove have recently revealed a 27% increase in search traffic for the start of 2012 compared to the same time last year. Estate Agents on the other hand are desperate for valuations and new instructions.
The one big plus from all of this is that if you do decide to market your property this year and indeed market it at a realistic asking price, you will probably have buyers queuing down the street to take a look. With little for buyers to choose from, any decent property correctly priced will almost certainly be inundated with enquiries and ultimately will sell relatively easily. And with prices predicted in many circles to fall further, now could be a shrewd time to sell.
George Hartshorn, Managing Director of Elizabeth Davenport Estate Agents says, “If you want to find a new home the best place to start is by getting a valuation on your own property first and then getting it on sale. Those that wait and see or try and fine a suitable property to buy first will be left in the starting blocks.”
Elizabeth Davenport have recently revealed their 2011 sales results and are understandably pleased with the figures. “We agreed sales on 74% of the property that we marketed last year” says George. “We achieved this by realistic pricing and through great presentation of all of our properties. If you are serious about selling then give us a call and arrange for your free valuation. We also have some of the lowest selling fees in the Warwickshire area!”
You can reach Elizabeth Davenport on 02476 010105 or visit their website at www.elizabethdavenport.co.uk/.