If you need to sell: Listen to your local Property Professionals!

If you need to sell: Listen to your local Property Professials!

Unfortunately many sellers will trust what they hear in the media a lot more than they will believe from their local estate agent. If the well known and trusted BBC say ‘prices are going up by 5%' we will believe them rather than a local agent telling us ‘prices have slipped by 5%'. For buyers it is the same, certainly in the first few months of their home hunt.

The problem though is most of the estate agents will give a more accurate idea of what's happening to property prices. At the moment, we have areas that are recovering to the dizzy heights of 2007 while other properties and areas are selling homes at half what they were worth a few years ago. And with few buyers around at the moment and the credit crunch squeeze still holding mortgage lenders back, sellers who don't carry out research to find out what their property is really worth from an agent that is currently selling similar property types, are likely to get left on Rightmove for some time!

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