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Fri 13 January 2023
Gone are the days of putting your house on the market and hoping for the best. In our latest blog we discuss how you and your estate agent need to work together to secure that sale.
This time last year Russia hadn’t set foot on Ukrainian soil, the chickens were still to come home to roost for Boris Johnson, we had hardly heard of Liz Truss and were barely out from Covid restrictions: nor had interest rates reached a 14-year high or the nurses, train drivers, postal workers etc. embarked on strike action. Also, the property market was only showing tentative signs of cooling.
It is difficult to imagine now how the property sector could not have been greatly affected by all that has happened at home and abroad during 2023.
Yet despite all the political and economic unrest, the property market is still active. If anything, the market has reached a more normal level of activity. It’s just that most activity is down to the ‘doers’ and not the ‘wait-and-seers’.
There are two ways to sell property. The first is just to let it happen. That has been fine over the past few years when all many had to do was to open the door to lots of viewers and then bask in the flood of offers that followed.
The second way to sell a house is to make it happen. Now that the market has turned in favour of buyers, sellers can’t sit back; they must take the initiative. Price and condition, as well as location, are now key.
A property won’t sell without some effort from sellers to prepare it for the market. If that means setting a competitive asking price and keeping a welcoming exterior and clutter free and spotless interior, then so be it.
Good estate agents are doers by nature, training and experience. But they can’t do it alone, they need their clients’ support and agreement. This teamwork is essential to get things done. To make things happen in the property market in 2023, don’t be a ‘wait-and-seer’ be a ‘doer’.
Andrew Granger & Co has over 33 years’ property experience with offices across Leicestershire in Leicester, Loughborough, and Market Harborough, and coverage in London with through links with the Mayfair Office. The knowledgeable sales teams are on hand with property advice if you’re looking to sell or buy a property. You can book your free market appraisal and get in touch at www.andrewgranger.co.uk.