Estate agents over-valuing homes to gain instructions is ‘helping nobody`!

Date Published 16 May 2024

Estate agents over-valuing homes to gain instructions is ‘helping nobody'!

Pricing a property inappropriately makes a successful sale far, far less likely.

For a buyer, seeing a price come down makes the property seem less appealing and often leads to a lower selling price than if the property had been priced appropriately from the start.

For a seller, these unrealistic expectations often mean disappointment.

Figures show that across St Neots, an estimated 34% of total for sale stock, excluding homes already marked as sold subject to contract, have seen an asking price reduction since being listed for sale.

Dangling a big carrot just to win an instruction is nothing more than ego stroking on both sides...if you want smoke blown up your ****, go climb a chimney…

At Noonan Sales and Lettings we believe in honest conversations, transparency and good old fashioned experience.