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| At Jonathan Waters Estate Agents we have over 320 years combined estate agency experience |
In these days of modern high technology, estate agents ,can access a whole host of data and whole variety of information from property portals and websites. Members of the public too, wishing to sell a property in Ipswich or Martlesham also have access to some of these resources. But beware of some of these!
There are websites around that claim to actually “value” your house, based on nothing more than the charges of average prices of properties in a specific area. We have tested some of these sites and the results are, at best, laughable and, at worst, downright dangerous.
Taking these figures at face value could leave you £1,000s out of pocket and having months of wasted time. When you place your property for sale you never get a second chance to be “fresh on the market” which is the honeymoon period when interest in your home should normally be at its highest.
Simply comparing your home against other similar homes on the market in your area is also meaningless. Some of these properties could be well over-priced and stand no chance of getting anywhere near their current asking price.
Some of them may even be under priced – it does happen!
Therefore, a comparison with the price that they are on the market for could even lead to you under-selling your property and equally being £1,000s out of pocket.
Equally dangerous, in my experience, is taking notice of what friends, acquaintances and even family may tell you they got for the sale of their home. There is always a chance they may have inflated the price they actually got to make it appear they had “done well” or to impress you. Perhaps they had to throw in extras that they won’t tell you about. Perhaps there were other terms and conditions in the sale that were also a factor that would remain unmentioned.
It could be that after they agreed the sale price, they saw evidence that would suggest that they had “under-sold” the property and wouldn’t want anyone else to know that.
I was approached by a lady in Ipswich last year about the sale of her house. She told me how much a neighbour had recently agreed a sale on their property for. She hadn’t actually been thinking of moving but “if she could get that much for it she definitely would sell”.
The figure sounded ludicrously high. When I checked on land registry statistics two months later it turned out that her neighbour had actually sold for over £50,000 less than she had been told.
To sell your Ipswich property contact Jonathan Waters today for a free, accurate valuation.
625 Foxhall Road, Ipswich, Suffolk, IP3 8ND
01473 721133
jonathan@waters-ips.co.uk
35 Buttermarket, Ipswich, Suffolk, IP1 1BH
01473 281188
jonathanwaters@jonathanwaters.co.uk
Bristol Court, Betts Avenue, Martlesham Heath Business Park, Martlesham IP5 3RY
01473 620222
jonathan@waters-ips.co.uk
or visit www.jonathanwaters.co.uk
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