Monday, 17 June 2013

Is the buyer still King?


Rightmove have today said that house asking prices have hit an all-time high. That may be so and with a little more raised enthusiasm about the market as a whole I can understand how some vendors and perhaps less experienced agents may become a little carried away!

In Bradleys we are seeing increased numbers of transactions but without exception the only properties selling are the ones with the correct price. There is still plenty of choice for a buyer today and therefore the buyer is still king and if a vendor seriously wants to sell then they must pitch the price correctly as advised by their experienced agent and make the most of high quality marketing through a variety of new ways.

I personally have a very Exeter centred week this week in HO tomorrow before visiting the offices in St Thomas and Exeter in the afternoon. Wednesday I am in HO all day and then again on Thursday HO in the morning to get an update from Jonathan on the progress with our Commercial Department before going back to Exeter for an update on Consumer Protection Regulations from the President of the National Association of Estate Agents.

 
Francis Marshall FNAEA
Managing Director
Bradleys Group

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