If you look around at the For Sale signs you can often spot properties which just do not appear to be shifting. True, it isn’t the best time to be selling, but despite the fact that the property market is not at its best there will be those who have to move. This may be due to anything from marriage, relocation or divorce. Remember as well, as you are moving up the property ladder, the same percentage fall in value of the house you are buying is greater amount than the percentage fall in your property.  This is why many see the fall in house prices as an opportunity to move up the ladder and buy a property that they may not have been able to afford before now.

If you are looking for an offer reasonably quickly you must price your property realistically. Gone are the days when you could put your property on the market for the highest price possible and have a queue of potential buyers waiting to view it. There are buyers out there but in a supply driven market you have a lot of competition. There’s a lot to be said to having a slightly lower offer price than you first anticipated in order to try to generate a lot of interest in your property. After all, if you can’t get prospective buyers through the door you’re never going to be able to sell, no matter how perfect it may be inside.

Price realistically and you stand a much better chance of getting an acceptable offer.

This entry was posted on Wednesday, February 18th, 2009 at 5:25 pm and is filed under house sales, property market general. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.