The Park Shows No Signs Of Slowing In The Run Up To Christmas

4th December, 2015, by Jason Cook ANAEA

With many speculations that the property market is slowing as we move into the winter season, recent events in Nottingham’s Park Estate prove otherwise; after just one week of marketing, Associate Director Jason Cook agreed a sale for Broadgate House in The Park after receiving two asking price offers.

As is commonly found with The Park Estate, Broadgate fools you into feeling miles away from the hum of the city, greeting you with views over the garden as soon as you open the front door. Jason Cook gained the instruction of the beautiful two bedroom apartment over competing agents towards the end of November, and was able to match it with potential purchasers to find three interested parties in just one week.

With stock levels at their lowest point over the year pushing prices up, the Christmas period may well be a great time to sell your home prior to the rush of instructions and ultimately competing properties that we expect to see in spring.

Jason Cook comments:

“I believe that pricing with precision is a vital skill when selling a property. An article in The Times previously stated that 60% of house hunters will not even bother viewing a home they deem to be overpriced, according to research from Rightmove. More surprisingly their research showed that only 20% of house hunters will ask the agent whether the seller will consider a lower offer, so if a house is overpriced, immediately you lose potential purchasers.

Many competing agents will overprice properties in order to gain the initial instruction and reduce the price many weeks into marketing; ultimately the same price will be achieved just less efficiently.”

There is currently a shortage of stock within The Park, so if you are looking to buy or sell, it’s a great time to get in contact to register your interest, or to get a free, no obligation, market appraisal. For more information, please contact Jason Cook on 0115 941 5924 or Jason@fhpliving.co.uk