HOW TO SELL YOUR HOME IN A SLOW MARKET
No one likes to lower their asking price, but pitch it right and you may end up selling for what you wanted in the first place – or more. “We recently had a three bedroom house near Sloane Square which we reduced from £2.595m to £2.495m, putting it in the £2-2.5m price bracket on Rightmove, rather than the slightly higher one” says Christian Warman from Tedworth Property. “It had an instant impact, with three offers received withing 10 days. The ultimate buyer had an initial budget of £2.2m but found a way to come up with the rest to make an asking price offer. I asked them why they were only enquiring now and it was because they’d set their maximum price search to £2.5m on the search engine and weren’t aware of the property until the price was reduced.”
https://www.telegraph.co.uk/property/uk/tweak-asking-price-offer-sweetener-sell-home-slow-market/
