https://uk.finance.yahoo.com/news/phil- ... 00768.html
An article written for the Telegraph, but here's a syndicayed [no paywall] version on Yahoo. I thought this might be useful for anyone thinking of selling a property in the current slow market, not just those wishing to have completed a sale by Xmas.
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Phil Spencer: 10 top tips to help sell your home by Christmas
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- Lemon Quarter
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Re: Phil Spencer: 10 top tips to help sell your home by Christmas
2. Realistic asking prices
Stop there Phil. If you really want to sell, drop your price, substantially. Nothing has moved around our way (Cambridgeshire - supposedly booming) very quickly for a long time. Even the developers plonking houses on fields are cutting deeply now.
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Re: Phil Spencer: 10 top tips to help sell your home by Christmas
moorfield wrote:2. Realistic asking prices
Stop there Phil. If you really want to sell, drop your price, substantially. Nothing has moved around our way (Cambridgeshire - supposedly booming) very quickly for a long time. Even the developers plonking houses on fields are cutting deeply now.
The articles opening sentence is: 'It’s now a buyers’ market across much of the UK. In cities including London, Cambridge and Oxford, many sellers are accepting large discounts for their properties.'
So he seems correct on that. His 1 + 2 are right agent and right price, maybe it's chicken and egg? The 'right agent' should hopefully be the one to value honestly and realistically for a sale. Agents who value high and thus 'Get the instruction, and then [later] get the reduction' should be avoided at all costs IME...
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