Cant Repeat Enough "Dont over value"

Following a recent statement by the National Association of Estate agents claiming the Royal Institution of Chartered Surveyors are knowingly under valuing homes, we thought we woudl side with the RICS on this one.

So the tip is simple do not over value your house, get a proper valuation by a registered survey one which is an RICS member check out http://www.rics.org/ for a full list, listen to what they say and unlike estate agents RICS members are not interested in taking a high commission for over valuing your house, so they are only interested in giving you a correct value based on the market, property and nothing else.

Think of it this way would you rather sell your house or be sitting on it for years, simply because its priced out of the market.

So in short

1. Get your house valued by a qualified surveyor, check out http://www.rics.org/ 
2. Dont be tempted by an agency to advertise for a higher price unless you are willing to have your house on the market for longer with a possible price reduction at a later stage.
3. Just remember surveyors are the only people qualified to give you an accurate market price, everyone else is just giving you a best guess.

If you want to make money from property investing and real estate investing, either join a program or buy a house for that purpose, over valuing your home is only going to end in trouble.

BuzzPages Deadline is Fast Approaching

This is more of a shout out than a tip, if you want your property to appear in the next edition of our Buzz Pages publication, please add your property to the buzzproperties.co.uk website by the end of July 2011.

Also if there is anyone who wished to advertise their company in the Buzz Pages publication please get in touch.

Do you want you house to appear in the Press

As we are fast approaching the launch of our new publication Buzz Pages, we are putting out this call to everyone who wants their property which is for sale or to let to appear in the next edition of Buzz Pages to place the property on the Buzz Properties website.

Once your property is listed on the website it will automatically appear in your local edition of Buzz Pages, totally free.

So dont miss out and advertise your propery now for free on BuzzProperties.co.uk

Dont Over Value

Despite the latest figures showing house prices across the board are on average around £221,000. Property website Rightmove annouced that in January its average sale price was a lot lower at £165,000.

The difference is that agents are over valuing houses to get the listing, the difference between £221,000 and £165,000 is a massive £56,000 or a commision of around £5,600 (based on a 1% commission).

So the word is done over value your house, or you may find you are stuck with it for a long time, all of this time being tied in to your agency.

House Prices Index Falls

According to the latest LSL figures the average house price fell to just over £221,000 during january, a drop of 0.1% since December.

So remember if you are trying to sell your property, no is the time to be more savvy and make better use of both your time and sites like http://buzzproperties.co.uk.

Get It Surveyed - Fix It Up

In todays market it id very much becoming a buyers market, due to the continued market problems and potential job losses. It is for this reason that you must actually spend some money making your house a saleable asset, this goes for whether you are trying to sell or let your property.



PEOPLE HAVE MORE CHOICE



Remember this when you are thinking of selling your property our showing it to potential tenants or purchasers, make sure everything is up to scratch and in full working order, this goes from everything from heating to the roof. Give your house a good looking over and fix everything that needs to be fixed.



One suggestion is to get a full survey done, this will give you an overall picture of your property and let you know exactly what a potential buyer will see, and that way you know what is worth fixing and what is uneconomical to fix.



After all if may be worth spending that £10,000 to keep the value in your property, or even ask a bit more.



Just remember the basics of economics and unlike the British Government "You need to spend money to make money!"



Best of luck with your property and remember that Buzz Properties is always there to help you get the most out of your property.