Price it Right!

Posted on: 30 September 2020

Price it Right!

Here at JB&B Leach, we take great pride in knowing the local St Helens market.  Our listers know that placing a property on the market at an accurate and realistic asking price is the most important factor in ultimately getting our clients the best price for their property.  If you have more than one agent giving you a market appraisal, don't automatically be tempted to go with the agent that gives you the highest asking price.  

  1. It is no surprise that homes that are priced ‘right’ sell more quickly. Such homes currently sell 26 days quicker than homes that have experienced a price reduction, according to new research by Rightmove.
  2. Correctly priced properties are nearly twice as likely to find to be Sold Subject to Contract within four months of listing than those that have had their asking price reduced, 63% and 32% respectively.
  3. It is estimated that around 16% of properties currently on the market have experienced a price reduction, properties reduced on average by 5% from their initial asking price.
  4. Although sales volumes have risen since the market reopened, transactions in August up over 15% on July (HMRC), volumes remain lower than a year ago. Sellers who are serious in their intentions to sell are well advised to listen to their agent’s advice on local market pricing. Source: Dataloft, Rightmove, based on 300,000 newly listed properties.

 

If you are looking for a market appraisal on your property contact St Helens' premier estate agents and get one of our local property experts to give you the best possible advice for your property.

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30 September 2020

Price it Right!

Here at JB&B Leach, we take great pride in knowing the local St Helens market.  Our listers know that placing a property on the market at an accurate and realistic asking price is the most important factor in ultimately getting our clients the best price for their property.  If you...

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