November 2018 - A Friend in the Business
Oliver of Oliver Miles Estate Agents takes a look at the 2018 Autumn/Winter property market in the run up to Brexit.
Those of us who have been involved in Estate Agency will have seen a number of ups and downs from time to time but I am quite sure we will all look back at this pre-Brexit period as being the most demanding. This prolonged period of uncertainty, despite some underlying positives in the economy, has brought market activity to seemingly low levels for many buyers and sellers.
Buyers complain that there is nothing on the market and sellers complain that there are no buyers. However, both are wrong. There are in fact excellent properties on the market and there are certainly enough buyers. It's just that there are fewer than we have become accustomed to in the last half-decade and some buyers and sellers are not quite as realistic as they could and should be in these testing times.
Brexit is acting as a deterrent to house sale/purchase, but inactivity will achieve nothing. The effects of Brexit will, no doubt, linger on until some stability and acceptance has returned but some people cannot wait a year or two for the market to wake from hibernation.
It is not governments and politics which determine the property market – it is the population. So our advice is to do what is right for you and your family in the near-to-middle term and not try to anticipate the market too much. We are in a period without precedence but the two handmaidens of a successful sale - good presentation and accurate pricing - still apply. Get those two things right and the market will love your property and you will have moved out quicker than you can say Michel Barnier.
Over the years we have helped people move in all kinds of circumstances – for reasons happy or not so happy. Every single one of those moves was important.
Call Oliver Miles about your house move and find out what having a friend in the business really means. Good estate agency isn't about economics or politics. It is all about people.