Haydar Sehri's blog

Haydar Sehri's blog

Agents' Skills in Demand

As property prices rose through the past decades it became almost a foregone conclusion that whichever agent you chose to sell your property, a buyer would be found within a few days. So vendors became less discerning over their choice of agent and were understandably tempted to appoint the agent who charged the lowest commission percentage.

However, in this market, this approach usually turns out to be a considerable false economy, as the difference between a good agent and a mediocre one can be highly significant.

Might Sell, Might Not!

Despite what you might read in the press, the current market is as near a “normal” market as experienced estate agents have known for years in terms of the balance between properties available for sale and the number of registered buyers.

However, unlike most “normal” markets, some sellers are not as committed to selling as they might be, and are prepared to remain on the market until what they regard as an acceptable offer comes along.

Buying an Unmodernised Property

There are about a dozen property-related programmes on TV every week. Some of these track the progress of a wreck to a finished home, or at least highlight a property’s potential.

We have certainly noticed an increase in the number of enquiries from people specifically wishing to buy a run down property, and this has had a positive effect on the price we have been achieving for such properties.

Why landlords should choose an ARLA agent

ARLA, the Association of Residential Letting Agents promotes itself as the only professional self-regulating body to be solely concerned with lettings and letting agents.   ARLA provides a professional trading standards platform and redress system for letting agents, tenants and landlords alike.  From a landlord’s point of view, there are any number of good reasons why you should choose an ARLA registered agent, but here are 5 main ones:

Eros the Estate Agent?

As we approach Valentine’s Day it would seem that there’s a fair bit of love involved in estate agency! Estate agents are, if anything, matchmakers after all. And just as people fall in love with the right person, so buyers also need to fall in love with a property if the sale is to succeed.

Growing Need for Family Accommodation in the Private Rented Sector

According to recent information published by the Building and Social Housing Foundation, an astounding 15% of the British population were living in the private rented sector.  At the time this revelation was made (in 2010), this amounted to almost 4 million households in total.  While this in itself may not be surprising, it is the increasing number of families living in the private rented sector that is worthy of note.

Three Branches - Our Secret Weapon!

One could argue that the more offices an agent has, the more exposure your property will enjoy. But would you really benefit if your agent has a branch in Newcastle-Upon-Tyne, Cardiff and Southampton as well as London? Highly unlikely! Don’t be impressed by the sheer size of an agency – the only buyers that matter to you are those who may be interested in buying your property and no-one else’s.

However, we find that one of our most effective “secret weapons” is the fact that we cover three adjacent areas each from its own dedicated but interconnected branch.

Floorplans

Our research has shown that buyers overwhelmingly prefer floorplans on property details in addition to the usual description and written dimensions. There are several good reasons behind this preference, which is why we always feature floorplans on our particulars:

Other Forces at Work

There was a day when a slight shift in the bank base rate or change in stamp duty could have a profound effect on property market sentiment. Yet the Bank of England’s continuing consensus to maintain interest rates at their lowest rate ever recorded is possibly the strongest signal to date that the British property market is actually driven increasingly by factors other than such things. The general economy, employment targets and global issues have now largely replaced house prices as a driving force in the interest rate balancing act.

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