SALES NEWS: Price competitively to attract summer buyers, sellers told
The traditional slowdown in August creates a summer housing market where those sellers who accept the expert advice of their agents are set to benefit most.
On the one hand, new figures from the Land Registry shows the average value of a home in the south west region has risen 5.2 per cent in the 12 months to June.
Part of the reason for the price rise has been the relatively small number of homes coming to the market in the Exeter and east Devon areas, in common with the rest of the country,.
But on the other hand, the arrival of the summer holidays means there are now fewer buyers than before with deals taking longer to agree as a result.
“Clever tactics are needed” says Chris Taylor of East of Exe agency. “It’s key to get viewers to look at homes, so shrewd sellers who price their homes competitively will attract maximum interest.”