Property News > The Open Market – The Slow Market!

The Open Market – The Slow Market!

There has been a debate raging amongst sellers, buyers, estate agents, lawyers, developers and others involved in the property sector as to how the process of buying and selling property in England might be speeded up, clarified and made less vulnerable to last minute breakdown.In many countries a 'sealed bid' system is preferred whereby the sale is made to the highest bidder on the day the bids close. This has advantages and disadvantages; on the one hand it's hard to predict what the selling price will be and buyers may find themselves paying well in excess of the next closest bid; on the other hand the seller may find that bids fall short of expectations. Despite this, the obvious advantage is that everyone knows where they stand from the moment the bids are unsealed in the lawyer's office.But in England we have little choice as to how we sell our homes and almost everyone is familiar with the well publicised down-sides, such as:the length of time it takes the costs involved in legal, professional, and estate agency fees the stress caused by not knowing whether the sale will stand or fall the possibility that the chain will break down at the last minute the inevitable trail of uninterested buyers that pass through your home before the 'right one' comes along.Unless our legal system is changed there seems little option but to put up with such complaints. Of course, one choice is to take a price below market value and sell through a company such as Property Rescue. At first glance, this course of action may not seem appealing, but it is worth studying the benefits:sale completed within a very short space of time, sometimes just a few days no chain, no broken promises the seller pays no legal fees on the sale, and no estate agents fees no 'viewings' that go on for weeks on end guaranteed sale on the date you want any type of property can be sold, even those labelled as 'hard to shift'In a market of uncertainty, the time taken to sell a home is likely to lengthen from its current average of seven months; this, together with the possibility of buyers dropping out due to poor survey results, interest rate rises or lack of funding, make the Property Rescue proposition worth a second look.If you want to sell your home and need a fast turnaround, give Property Rescue a call to find out more. The contact will be completely in confidence and there will be no obligation on you to proceed if you then decide to sell your home via traditional routes.There has been a debate raging amongst sellers, buyers, estate agents, lawyers, developers and others involved in the property sector as to how the process of buying and selling property in England might be speeded up, clarified and made less vulnerable to last minute breakdown.In many countries a 'sealed bid' system is preferred whereby the sale is made to the highest bidder on the day the bids close. This has advantages and disadvantages; on the one hand it's hard to predict what the selling price will be and buyers may find themselves paying well in excess of the next closest bid; on the other hand the seller may find that bids fall short of expectations. Despite this, the obvious advantage is that everyone knows where they stand from the moment the bids are unsealed in the lawyer's office.But in England we have little choice as to how we sell our homes and almost everyone is familiar with the well publicised down-sides, such as:
  • the length of time it takes
  • the costs involved in legal, professional, and estate agency fees
  • the stress caused by not knowing whether the sale will stand or fall
  • the possibility that the chain will break down at the last minute
  • the inevitable trail of uninterested buyers that pass through your home before the 'right one' comes along.
Unless our legal system is changed there seems little option but to put up with such complaints. Of course, one choice is to take a price below market value and sell through a company such as Property Rescue. At first glance, this course of action may not seem appealing, but it is worth studying the benefits:
  • sale completed within a very short space of time, sometimes just a few days
  • no chain, no broken promises
  • the seller pays no legal fees on the sale, and no estate agents fees
  • no 'viewings' that go on for weeks on end
  • guaranteed sale on the date you want
  • any type of property can be sold, even those labelled as 'hard to shift'
In a market of uncertainty, the time taken to sell a home is likely to lengthen from its current average of seven months; this, together with the possibility of buyers dropping out due to poor survey results, interest rate rises or lack of funding, make the Property Rescue proposition worth a second look.If you want to sell your home and need a fast turnaround, give Property Rescue a call to find out more. The contact will be completely in confidence and there will be no obligation on you to proceed if you then decide to sell your home via traditional routes.

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