Miss G London
When Nigel left the project we felt a bit lost actually.
Justin Ryan and Colin McAllister on the BBC’s ‘The Million Pound Property Experiment’.
News and views about the property market
Check in here regularly for updates and our view of how the property market is changing
Selling in a falling market
25th June 2008 - 11:23
The media is still full of utter pessimism about the property market and, according to agents all over the country, they are not wrong. Horror stories of 15 buyers to one seller do not make encouraging reading. So what do you do if you HAVE to sell?
1. Make sure all your repair and maintenance is up-to-date.
2. Follow our advice on presentation - you need to be better than the house next door.
3. Be realsitic about price. If you don't trust what your agent is saying, look at RECENT sold prices in your area for similar property on a website such as upmystreet or get an estimate of value at zoopla.co.uk. Don't take these figures as gospel, but they will give you an idea.
4. If you have not sold after six weeks, take your property off the market for a month or so. Ask experts, such as Property Presentation Services, if there is anything you can do to improve your chances of a sale next time.
5. If all else fails consider renting out your property and renting in your new location. Remember that the same rules apply when renting out property - it has to look good or you will not get a tenant.
If you have any questions about the present property slump, please call us on 08000 778260
