Well...............we hope not, but you never know!
The sales market in recent years has definitely had its fair share of disruptive events that have have the singular result of stalling what was a very liquid and and easy to trade in marketplace. With two recent general elections, one referendum, two serious and unnessary hikes in stamp duty and now onerous tax regime changes to Buy to Let landlords, property owners and investors are feeling duly bruised.
Clients considering a sale in the autum should consider carefully the pricing of their properties, as it is now more important than ever to get this part of the equation correct prior to listing. In the current challenging and price sensitive market, buyers need to share a sense of engagement with a property and this is the important first step, to generate interest. The days of inviting 2/3 estate agents around to your home, obtaining an average price and added on a hopeful extra percentage are long gone.
Farrar pride ourselves on providing sound, honest advice on the sales market, whilst many larger corporates still appear to be after a relentless 'market share grab', rather than heeding this basic guiding principle.
Feel free to give us a call if you would like to have an up to date and informed view on the market.
In the meantime, I better get shopping!