Literally anyone that is remotely related to the property market will tell you that it is really going through a rough old time. The recession, government changes and a general downturn in spending has meant that houses on the market aren’t going anywhere, or at least not quickly enough.
There are those that have had their homes up for sale for so long that they feel they will never move, perhaps they have even only had one viewing!
Whilst people will suggest they lower the price of the house, this is not always possible for the homeowner. Those that can afford to do this have found that online property sites have been useful.
The auction format means that more often than not the house is sold for less than the market may offer but it will provide a quick property sale which for many, is highly desirable.
If there is absolutely no interest what so ever, it may be time to get creative. An owner in Cardiff decided to offer £15,000 cash reward for anyone that can locate a purchaser for them. It is all about maximising your property’s profile.
Another enterprising seller from The Gower decided that the purchaser of his large beach fronted property will also get his brand new boat free.
If the going gets really tough, consider what else you could offer alongside your property to make your home even more appealing to a potential purchaser.
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