Thursday 26 May 2011

Online House Hunter: Are sellers starting to get real? | Alan Cleaver | Independent Property Blogs

Online House Hunter: Are sellers starting to get real? | Alan Cleaver | Independent Property Blogs

THERE is a strong message coming from estate agents to those selling their homes: it’s time to get real. The market is starting to recover but unless people start asking – and expecting realistic house prices – then buyers aren’t going to bite.

Ian Harris from the Norfolk branch of the National Association of Estate Agents, for example, says in their latest monthly report: “Data continues to flow from a variety of sources showing a continued downward trend in prices. The price changes are fairly small but they do reflect a willingness amongst sellers to set prices to stimulate the market and generate a sale. Buyers need to act now to take advantage of these opportunities whilst they are still available.”

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