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How to sell in a competitive market

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With more homes up for sale and many buyers reluctant to commit to a purchase before Brexit, fall-throughs are only part of the problem – actually receiving an offer has been a challenge for many. With this in mind, we asked NAEA Propertymark, which represents estate agents across the UK, for advice for sellers.

Mark Bentley, president of NAEA Propertymark and expert on the West Midlands market, says it’s important that you manage your price expectations.

He said: ‘Brexit is causing a great deal of uncertainty. Sellers don’t know whether to put their property on the market now and buyers are unsure whether to make offers.

‘With supply so low and demand fairly reasonable, prices will generally hold up, but sellers need to be sensible with their asking prices and not too ambitious.’

Meanwhile Katie Griffin, an NAEA representative based in the South West, told us: ‘Homes should be presented well, with excellent photography that is refreshed regularly.

Sourced from the 'Which' website

 

At Leese & Nagle we are members of the NAEA and its propertymark scheme promoting high standards in estate agency. If you are thinking of selling perhaps we can assist?

Call Mark Leese on 0117 9741741.

 

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