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Chris Maccausland

Property experts warn high asking prices could affect selling your homes quicker

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18.09.2020 - 15:13

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www.dailystar.co.uk

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property isn't always the easiest thing. It's understandable for homeowners to want to make a profit, hence why their asking price is higher.But that could sometimes come with a cost – a very big one.The estate agents at Rightmove analysed 300,000 newly-listed homes across four months.It found those that needed to be reduced had a one in three chance of finding a buyer within the timeframe.As for those who priced their homes at a reasonable sum had a 63% chance of selling quicker. Are you trying to sell your home?

How has it been for you? Tell us below... If a home is overpriced, it might take an extra 26 days on average to find a buyer.While homes which are priced right first time are on average getting an offer accepted 26 days.

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