Realistic pricing will see you right

City skyline with Crystal Ball

Market your property with a realistic price

Crystal Balls are not readily available... However, we can help you establish a realistic marketing price which will see you right. Coupling a realistic price with a proactive marketing strategy will achieve sales whatever the economic climate or time of year. Property pricing is regularly topical, often contentious and almost always individually subjective, the latter sometimes can be lost when faced with broadly sweeping tabloid headlines.

Traditionally, for the average individual buying a property is best viewed as a long-term investment maybe 5 – 10 years minimum. When viewed in this way whilst reflecting on historic property pricing trends you will find that the overall trend for property in Rotherhithe & BermondseyCanary Wharf & DocklandsBow & Bethnal Green, and Chislehurst & Bromley in the last 35+ years is an upwards one.

We are likely to see a period of price correction in London and as estate agents we will work with our vendors defining price and moving strategies that will produce results for them. Every property, vendor and reason for moving is inherently individual and our approach to that will produce a strategy to suit all requirements.

The market always has a supply and demand element attached to it and even when we see elevated levels of available property, the motivated well-advised vendors sell their property. A section of property transacts whatever market and pricing conditions prevail, all vendors have input whether their property is within that section. A motivated vendor with a saleable commodity, coupled with an award-winning and motivated estate agent like Alex Neil is a powerful combination.

An article seen on thisismoney.co.uk elaborates with similar thoughts and advice to sellers. The quotes below echoes our market view and we will maintain our positive approach to marketing.

"Against that context, vendors would perhaps be well advised to be realistic about their expectations. This isn't just to ensure that they attract a buyer within a reasonable period of time, but also to avoid the issue of the property being undervalued at mortgage survey stage."

"As it stands, consumer confidence currently appears to be holding steady, despite ongoing Brexit headlines, which stands us in good stead for the next couple of month across the height of the summer holidays."

If you are considering selling a property and seek a successful marketing strategy, please contact us and we will organise your property to be valued.

Written by Alex Neil Estate Agents

Fees

Tenant Information

Refundable Holding deposit - 1 weeks rent

Security Deposit 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - £50 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs

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Client Money Protection Scheme Membership details Alex Neil are members of CMP (client money protect)

Property Redress Scheme Membership details: Alex Neil are members of The Property Ombudsman. Membership number N00018.