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The Masked Tulip

Sponsored Feature: Early Bird Catches The Buyer

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This is interesting... it is an advert, or a sponsored feature, in the Western Mail from EAs but they interestingly state the following...

Property market analyst Hometrack confirms that a lack of available properties in the past few months, coupled with an increase in numbers of potential buyers due to the alleged “green shoots†of recovery, has been acting as a prop to prices.

This is likely to change in the coming weeks. A flood of new properties onto the market — in what is traditionally the beginning of the autumn/winter selling season — may actually drive down prices. So the advice is not to delay, and get your property moving, fast.

“Timing is everything,†says Nick James, of leading independent Cardiff agency Moginie James. Nick advises that if you are keen to achieve the best price, contact your chosen agent now before more stock comes onto the market, and the competition hots up. Make sure that your agent starts to prepare all the HIPs paperwork, organise photoshoots and draft property particulars. “Aim to have your property on the market by mid September – typically the best time of year to sell quickly. Leave it any longer, and you may find that it will be too late to achieve the best price. If you delay until October, you may miss out altogether.â€

http://www.walesonline.co.uk/2009/09/14/sp...91466-24686004/

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EAs change it to suit their spin IMPO.

They have been caught out by the insistence that we are heading for recovery. Buyers who were probably just getting ready to accept reduced offers are now convinced full asking price or nothing because we are in the next housing bull. Consequently they have no fee's coming in, eventually agent will realize it is in their interest to talk the market down to a price point where volume recovers. They have never have been the brightest but they will get there in the end and this is a sign of it.

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The recession is certainly still apparent in the property sector, and there are admittedly less buyers around than in recent years. But low stock levels across the nation in general means that there are actually more buyers for fewer properties – which translates into better sales prices.

http://www.walesonline.co.uk/2009/09/14/sp...91466-24686004/

That's a great article for one and all. Sell, but don't buy. :blink:

Edited by athom

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Given how badly the fundamentals stack up in the UK property market, fear seems as good a tactic as any to get people to buy and indeed sell, since there's no credible way to persuade buyers that current prices represent value or persuade sellers thatn peak prices are coming back anytime soon... you know, "buy/sell now or you will miss the boat :o ".

Edited by the flying pig

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Given how badly the fundamentals stack up in the UK property market, fear seems as good a tactic as any to get people to buy and indeed sell property, you know 'buy/sell now or you will miss the boat :o '.

No they're saying you have to sell now or you might not get the best price which means you shouldn't buy now as prices are going to be less soon :blink::unsure:

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