My House Will Sell in Days, No Problem

Is that what you’re thinking, or perhaps you’ve heard it said?

We have, and even solicitors submitting offers for their clients often say: “This offer is subject to our clients selling their own property.”

Several years ago, such offers wouldn’t be accepted, and the market seems to be reverting to that norm. The market is saturated with chain sales that frequently fall apart, wasting significant marketing time.

Have you noticed more properties available on the market? We have. This is because sales are taking longer, and buyers are starting to realise that offering on a property subject to their own sale and expecting the seller to wait is no longer feasible.

While a buyer can offer “subject to their sale”, the seller should continue marketing their property, ensuring regular communication between the agent, seller, and potential buyer.

What has changed in the property market?

Many subtle changes have occurred over recent months, driven by factors such as the cost of living, food, fuel, energy prices, wars, politics, and interest rates. While these issues are not new, they have collectively contributed to a shift in the market.

We’ve adjusted to most of these changes, and that’s the point – the market we experienced was exceptional, but we are now transitioning back to a more typical property market.

Get a Genuine Feel of the Market

Sellers need an accurate understanding of the market from their agent, not just what they want to hear. Our professional agents will provide you with a genuine guide through the current property market.

If you are thinking of selling, contact your local Bell Ingram office for a no obligation market appraisal for your property.