I was recently chatting to a retired gentleman who popped into the office in Cheadle who was thinking of moving back to the area but had lived in the same house for more than 40 years! An estate agents nightmare! And was understandably nervous and unsure what to ask agents.
The advice I gave him is what we share with anyone looking to put their home on the market in the Cheadle area.
- New-to-the-market sellers push their asking prices up by another 0.8% (+£2,343) to a record high of £308,075
- Seven out of 11 regions achieve their highest ever asking prices, with year-on-year price increases of over 4% in East Midlands, West Midlands and Wales
- Record visits to Rightmove indicate strong interest in property, but uncertainty and stretched affordability have dented sentiment leading to more hesitant buyers and sellers in some areas:
- Number of sales agreed by estate agents so far in 2018 is down 5.4% on the same period in 2017
Finding a buyer for a property has until very recently at least! been the relatively easy part of the selling process.
Managing an agreed sale through to completion is where the real hard work and skill starts and the true property professionals earn their money.
We have been established for 17 years, serving landlords and tenants in the Cheadle area and across Stockport generally and take enormous pride in our reputation for looking after our clients. During those years running a letting and property management agency, there’s not much we haven’t seen or experienced! [···]
When it comes to selling your home, the goal is to achieve more than the initial price you paid when you bought it. A significant amount of your home’s resale value will be affected by the appreciation of house prices in Cheadle, where average sales values have risen by 27.0% over the last 10 years. However, if you want to achieve the maximum sale price for your property, there are several home improvements you can make that will add to the overall value.
Estate agents’ fees are always a hot topic! And it is true they can vary wildly.
In many parts of Stockport, fees can vary from 0.5% to 1.75% and there is considerable variation right across the country in every town or city. There are also online or low-cost agents offering headline-grabbing fees. Ignore their slick marketing and this misconception that they don’t charge fees! They are not a charity! They just start with a low base fee and add-on for this, that and the other! Thankfully despite some impressive growth figures, the online/hybrid agents still only represent a very low share of the market. [···]