Wed 29 Mar 2017 View all news articles

Will I achieve the full asking price?

When you market your property with an estate agent, you hope that the price you ask for is the price your agent achieves for you. Of course, this isn’t always possible. In fact, data we have analysed from Land Registry and Rightmove suggests less than one in four properties achieved full asking price across Wirral in 2016.

When selling your property, it can be tempting to use the agent who gives the highest market valuation. This may seem like a risk worth taking to ‘test the water’, but buyers could be deterred when there are many alternatives available to them, particularly during the busy spring/summer period.

If priced and marketed correctly, there is a good chance of achieving the maximum value for your home. However, as the majority sold below asking price, this suggests many properties were initially over-valued by agents in Wirral last year.

Whatever the situation, it is important to outline your expectations and work with your agent to achieve an outcome you are happy with.

The more expensive the property, the more costly it becomes to achieve a sum below the full asking price.

No matter the property value, you can take steps to ensure you walk away with an offer that meets your expectations.

Want to know the value of your home? You can arrange a free, no obligation, valuatio by clicking here.

As leading Wirral estate agents and lettings agents we have plenty to talk about and like to give our opinions on a few things too! Read about what we have to say, our latest news and industry news.