08 Mar CURRENT MARKET PROSPECTS  

The signs are good for 2024, reflecting growing confidence and a stabilising of both inflation and interest rates.  There is a steady flow of new properties coming onto the market for sale, but in order to sell, these have to be correctly priced.

Good pricing attracts the maximum amount of interest and sets a property apart from its overpriced neighbours, who are also on the market, but unsold.

The critical period is the first few weeks and if sufficient interest can be generated in this ‘honeymoon’ period, a fuller price can be achieved.  This can be even over the asking figure on occasions.

Common misconceptions are to ‘give it time’, ‘I am not in a hurry’, ‘Let’s try it at a higher price’ and comparing their property with other properties on the market, but also not sold.

The advice is to use a Professional Estate Agent and benefit from their experience and expertise.  Cut price agents are, just that.