Across the market, sellers are finding that valuations can sometimes come in lower than expected. In some prime areas, these reductions have been significant, with a handful of examples falling short by large sums. While this can feel like a setback, it is also part of a normal market cycle where prices adjust to reflect current conditions.
For buyers, this environment can be attractive, encouraging those who may have been waiting on the sidelines to take action. For sellers, it means that accurate pricing, strong marketing and a clear strategy are more important than ever. A well positioned property can still achieve an excellent result, particularly when it stands out for presentation and quality.
Surveyors and lenders are taking a cautious view, which can sometimes create a gap between what a buyer is willing to pay and what a valuation suggests. The key is bridging that gap by showing the property’s value in the strongest possible light. High quality photography, compelling descriptions and proactive promotion can make the difference between a property that lingers and one that generates real competition.
At Durden & Hunt we approach every sale with a focus on creating momentum. We know that first impressions matter and that positioning your property correctly from the outset can lead to faster offers and stronger outcomes. Even in a market where caution is common, there are always buyers ready to act when they see the right home at the right price.
The current climate may require a little more strategy, but it also offers opportunities for those who adapt. With the right approach, a changing market can still deliver excellent results. The secret is to work with an agent who understands the shifts and knows how to turn them to your advantage.
Written By Co-Founder, James Hunt
Loughton Estate Agents, Hornchurch Estate Agents, Wanstead Estate Agents, Ongar Estate Agents, Canary Wharf Estate Agents, Colchester Estate Agents, Leigh-on-Sea Estate Agents
