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.
Thursday 24 February 2011
Friday 11 February 2011
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.
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.
Wednesday 9 February 2011
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.
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.
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