Tuesday, 2 July 2013

Its all the Lawyers Fault!


On Friday I attended Marketing Live in Bristol. We arrived just after 8.00 so wide awake after the drive up from Cornwall. The event was well supported by the region's leading agents and it was good to hear that the picture and issues are very similar all over the region. Sales are up but exchanges are slow and there was a unanimous condemnation of lawyers for causing the bottleneck! I really do think something has to be done. Sellers want to sell and buyers want to buy but as soon as the agreed sale hits the legal process it comes to a halt and in some cases never gets going again. That is just wrong but it is becoming more common where one side or another pulls out because they have lost the will to live. My advice if you are buying or selling is to spell out your expectation to your solicitor and make sure they work to your timescales. Many facts were shared on Friday and the most interesting was how the shift in research has gone online and away from newspapers along with the amount of time someone researches before deciding to move and where they research. At Bradleys we are right on top of the game with a new website about to launch and great on-line coverage. I guess that's why we are selling well in what is still a challenging market.

 
Francis Marshall FNAEA
Managing Director
Bradleys Group

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