In an article in the Financial Times, featuring TwentyCi's Property Data, James Pickford highlights the elements that a buying agent looks for when securing a property at the best price on behalf of a potential buyer...
Understanding buyer motivations are key when it comes to an agents' understanding of how to pitch a potantial property sale. And the temptation for sellers to market their property at an over inflated price is as high as ever - but at what cost once a reality-check kicks in? Our research reports an average of around 5,600 reductions to property asking prices across the UK market for homes valued at £1m+ in the first half of last year (Jan - June 2016). When looking at data for the first six months of 2017, this figure rose to a staggering amount of more than 10,000 price cuts.
To read the full article from the Financial Times, click here.
Updated daily with details of 99.6% of UK movers at the pre-move stage, TwentyCi's Homemover database is the most in-depth and accurate in the UK. For more information about TwentyCi's property and homemover data provision and insight solution, or any of our other services, please call 01908 829300 or email email@example.com.