I would hate to appear like HBOS, Nationwide and all the others making predictions about the house sales market in that they don’t agree and have conflicting views, but I do have my own opinion!
I don’t believe we’re looking at a ‘crash’ in the same way that we had in the late 1980’s and early ‘90’s. I do believe that we will find it tougher than it has been and necessary to use every marketing tool available. Agents who have been used to just taking orders will need to relearn how to work at servicing those buyers that are out there to make sure they view and buy through them. Sellers will need to be kept closely in touch with how the market is reacting to their home and advised about how it is faring.
Initial marketing price will be important and will need regular review as things develop. At David Clark and Company most of us have been through poor markets before and you can rely on our best advice.
Happy New Year!