Realistic pricing for market conditions is essential

More than 75% of agents state that properties are selling at a reduction on the initial asking price according to the latest poll of Dataloft Inform subscribers.

With property price growth softening, realistic pricing is paramount to sales success, with many vendors seemingly overly optimistic in current market conditions. Rightmove reported the average asking price of a newly listed property rose by 1.8% between April and May.
More than 50% of agents state that properties are, on average, selling with a price reduction of up to 5% on the initial purchase price, while 23% indicate reductions are more substantial.
Back in November, half of all agents stated properties were selling at asking price, compared to February 2022 where many were selling above asking price. Source: #Dataloft Poll of Inform subscribers

Get in touch with us

First Name

Last Name

Mobile Phone

Your Email Address

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as products and services. (You will always be given the right to unsubscribe at any point in the future)

Confirm

Top Things To Consider When Relocating

There is a great deal of upheaval associated with moving house, which is particularly amplified when relocating to a new town. This article outlines the key factors to consider when relocating to ensure a smooth transition.

CLICK HERE >

The Truth About Kerb Appeal And How It Could Maximise Your Property Sale

Most homeowners would like to sell their homes for as much money as possible, and the best way to do that is by attracting potential buyers to come for a viewing. Could the key to a successful sale be before a viewer has even stepped inside??

CLICK HERE >

Should you negotiate with the agent over their fees when selling your home

Should you haggle with the agent over their fees? Is it true that if they can't negotiate well with you, they won't be any good when you get an offer? Or does it start the relationship off on the back foot?

CLICK HERE >

Jumpstart Your Property Investment Journey Without Paying Out For A Course

You may have seen property gurus filling up your social media feeds with tales of how they bought a number of properties without using any of their own savings, and now they have retired at the age of 32 with a portfolio worth £10m. And of course, for the princely sum of £997, you can learn how to do this too.

CLICK HERE >