We are once again hearing pundits of the Property Market saying that it’s both rising and falling! Clearly both positions cannot be true-or can they?
So listening to the Media on the Television , In the Newspapers and on the radio it seems that many people are concerned about the future of the property market.
So her we are at the beginning of another year where for some of us last year is best discarded into the bin-or is it.
Here we are again and I am trying to get you to seriously think about the clients or customers that you have or want.
So yet again we find ourselves in the middle of a squabble between the political elite in the lead up to the General Election when they all attempt to outbid each other in order to attract our votes.
I was reading in the paper recently that while the General Election is still months away the effect of published Party policies is having an adverse effect on the Housing Market-the advice appears to be Sell Now.
With the current difficulties in the residential property sector, there will always be a knock-on effect in estate agency. In addition to lost revenue due to reduced sales volumes, they also face challenges within their ranks as entrepreneurial property professionals take advantage of market conditions. The time is right for introducing new business models to the arena. One such business is www.onelondonproperty.com
What has to be done before I sell my property? Make sure the property is in a presentable condition and in good decorative order, reasonably tidy and uncluttered, before you agree to any viewings by potential buyers. Appoint your Property Lawyer so that the HIP can be prepared and the agents terms of business approved The law presently requires that every residential property must have a “Home Information Pack” (“HIP”) commissioned, i.e. requested, on or before the “first date of marketing” by the agent or the seller. A HIP contains certain specified information and documents which is considered to be of interest to a potential buyer. The “Required” documents are:-
Must I consult a property lawyer before instructing an estate agent? Most definitely, Yes, especially as you are selling a property.
What must I look for in an Estate Agent? Do they have a website? Is it easy to navigate Are they members of a recognised professional body, i.e. National Association of Estate Agents? It should be noted that estate agents are not legally required to have any formal qualifications to be or practice as an estate agent. Are they members of the relevant Ombudsman Scheme? Do they give a professional and businesslike image? Do they have Professional Indemnity Insurance, should they make a serious error or if they are negligent? How long has the firm/company been in business? What areas or districts does the firm/company cover? Are they local or have wider or national coverage. What methods of communication do they use, i.e. telephone, e-mail, text messaging, fax, post. What are their terms of business? What do they do for