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Gordon & Rumsby: Why A Professional Valuation Is So Important

May 12, 2012

Gordon & Rumsby Estate Agents: Getting ready to sell your home.

Why A Professional Valuation Is So Important.

Selling your home can be stressful, but there are things you can do to minimize this.

First of all, ask yourself if you really want or need to move?

We often hear from would be vendors, who say they might try the market at a high price that they are hoping to achieve. This can lead to marketing an overpriced property that languishes on the market for months or more. Buyers get to know the property and assume it is overpriced or perceive there must be something wrong with the house because it is still on the market week after week. Buyers don’t look for the most expensive house! They look to get the best value for their money.

If you are sure you want to move, then the best thing you can do is to get a valuation from a professional estate agent who will make a comparative analysis of similar properties in your area to establish a fair market value.

Evaluating a home is not an exact science as homes and locations differ so much, so be sure to ask an agent with plenty of experience in your area.

Then take their advice about the selling price.

At this point, do your sums and make sure that the proceeds of the sale will be enough to allow you fulfill your future plans. If it’s not looking good, you may need to rethink the whole project. There’s no point in putting the property on the market at an inflated price. It frustrates the vendor when there are no viewings, gives the vendor false hope for their future plans, annoys buyers and generally wastes time for all involved.

At Gordon & Rumsby, we are as careful as possible to give you an accurate valuation of your home. We love getting referrals and recommendations from satisfied clients.

If you are considering a move and would like to have a no-obligation valuation/appraisal of your home in East Devon or West Dorset please contact us through our Free Valuation Page, or call us on 01297 553768. We shall be happy to chat, advise you and help you accomplish your goal.

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