Setting your Asking Price

Setting the right asking price for the right house in the right market is crucial.

Setting the right asking price

Setting the right asking price for your home is crucial. Too high and there is the real risk of putting people off. Not only that but more importantly your property won't appear in portal results when buyers have set price caps on their searches. Many interested potential buyers who are specifically are looking in your property area could be alienated too low and you might end up selling for much less than you could have got. Spend time researching how much your house is worth based on recent local market activity, we have a proven track record of selling properties like yours. We can use several comparison tools, to provide you with a suggested asking price based on our data and why we think your home is worth the amount they've suggested we will also provide you with examples of how much similar local properties have sold for in the last few months.

It is key now to set a realistic price. Be aware of overvaluing to win your business as this can lead to your property taking along time to sell with an inevitable reduction in price which can lead to lower offers being made and overall a lower price being achieved.

Asking prices

A final note, there are asking prices and asking prices. What do we mean? Properties are sometimes advertised for 'offers in excess of (OIEO)' or 'offers over' rather than just the asking price itself. You can describe your asking price however you like but remember that it is just that, an asking price - and a buyer is still free to offer less.

What is the property worth

What is the property worth? Your lender will average for the property to be valued, to ensure the property is worth the sale price agreed.

Free valuation by our in house team

A member of our valuation team will come to your property and give you a free valuation. This will cover how much properties in that area and at that size are selling for. We will then provide you a detailed market apprasial, specifically for you and your property 

 

Buying and Selling guides

Whether you're buying or selling a house, let us guide you in the process.

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