Each month, I’ll be re-posting a popular blog from earlier this year, or the year before. There’s a lot of good stuff in those archives! Here’s a post that had you all clicking madly….
Don’t blame the market
Many sellers who are unable to find a buyer, blame the market. “We know the market’s dead,” they say, “so what can we do but wait?”
Estate agents also blame the market, adding their own solution to the problem of not enough buyers: “drop the price” they extol as the only answer.
Certainly, if you have a property in a row of many others the same, and yours is the most expensive without justification, then I would agree that the price has something to do with the lack of a buyer. However, our clients are all selling unique homes, and no one can say without fear of challenge, that their asking price is preventing their property from selling.
The problem with this viewpoint, is that the only course of action, is either to drop your asking price, or to wait; or both.
At HomeTruths, we believe there is another way, and in the words of a very well-known bank: “A different way”. There are many factors which affect the saleability of a property, and whilst we can’t control the market, we can control our reaction to it.
Don’t blame the market, and if you have a unique home, don’t drop your asking price. Instead, focus on making your home as attractive a proposition as possible, then getting the message out to your buyer.