"Bear in mind that if your property is over-priced, it loses prospective buyers and eliminates offers, and also limits financing which can eventually lead to a lower price."

If you are serious about selling your property, particularly in what is called a buyer’s market, your most critical first step to success, is to correctly position the price of your property in the marketplace, from day one. A buyers market is categorised by an abundance of properties on the market thereby making buyers resistant to over-priced property.  And the same applies to renting a property.

Equally important to achieving the most favourable market-related price in any market is selecting one dedicated agent for the job. Find out why here.

For more information on how to correctly price a property to sell visit  the The Know.

If you are considering selling, buying or letting your home, we recommend contacting Pam Golding Properties to find out more about your area and to obtain professional advice or a property valuation.