Page 1 of 1

Phil Spencer: 10 top tips to help sell your home by Christmas

Posted: October 19th, 2018, 9:33 am
by DiamondEcho
https://uk.finance.yahoo.com/news/phil- ... 00768.html

An article written for the Telegraph, but here's a syndicayed [no paywall] version on Yahoo. I thought this might be useful for anyone thinking of selling a property in the current slow market, not just those wishing to have completed a sale by Xmas.

Re: Phil Spencer: 10 top tips to help sell your home by Christmas

Posted: October 19th, 2018, 6:29 pm
by moorfield
2. Realistic asking prices


Stop there Phil. If you really want to sell, drop your price, substantially. Nothing has moved around our way (Cambridgeshire - supposedly booming) very quickly for a long time. Even the developers plonking houses on fields are cutting deeply now.

Re: Phil Spencer: 10 top tips to help sell your home by Christmas

Posted: October 19th, 2018, 9:41 pm
by DiamondEcho
moorfield wrote:
2. Realistic asking prices

Stop there Phil. If you really want to sell, drop your price, substantially. Nothing has moved around our way (Cambridgeshire - supposedly booming) very quickly for a long time. Even the developers plonking houses on fields are cutting deeply now.

The articles opening sentence is: 'It’s now a buyers’ market across much of the UK. In cities including London, Cambridge and Oxford, many sellers are accepting large discounts for their properties.'

So he seems correct on that. His 1 + 2 are right agent and right price, maybe it's chicken and egg? The 'right agent' should hopefully be the one to value honestly and realistically for a sale. Agents who value high and thus 'Get the instruction, and then [later] get the reduction' should be avoided at all costs IME...