5 Reasons Why Tamworth High Street Estate Agents are Better Than Internet Estate Agents

There doesn’t seem to be a week going by that a new online call centre based estate agency opens offering unbelievable services at quarter of the price, implying their service is just as good as the so called ‘expensive’ high street agents.

1/ Online Agents are not No Sale No Fee. On the face it.. a similar service for a quarter of the price sounds fantastic! Who doesn’t want to spend less on agent fees when trying to sell their Tamworth home? Yes, the fee is lower, but you will have to pay it upfront (or defer it for up to 10 months but still have to pay) whether your property sells or not.

2/ Online Agents Hidden Extras. The eye-catching low fees for these call-centre online agents are, on the outside, attractive but when you dig a little deeper you find that the low fee is not all it appears to be. Add-ons can include extra for paying accompanied viewings, floor plans, listing on Rightmove or being forced to use their call centre solicitors at the other end of the Country.

3/ Experienced Estate Agents. Call centre online agents are what they say they are on the tin – online, and the majority if not all of your negotiations and communications will be with the folks in the agent’s national call centre. Do you want the sale of your largest asset handled by someone sitting in a call centre 200 miles away from the property as they attempt to sell, without that all vital local market knowledge? I have to ask, how can these online agents know about your home, school catchment areas etc., and the locality in Tamworth?

4/ Local Knowledge of Tamworth. If you’re selling your home in Tamworth it pays to choose an agent with local knowledge of the Tamworth market. Every Tamworth High Street agent is aware of the Tamworth market trends and most importantly sensible pricing structures for the area.

5/ Getting the Best Price for Your Home. The High Street agent fee is a huge incentive for them to get it right for you – first time. At Hall and Thompson Estate Agents, we meet all of our clients to discuss a realistic market price for their Tamworth property.

We never offer to market properties for more than their true market value – a ploy some online call centre based estate agents do in an attempt to win your property – but this guarantees that when your property does go onto the market for the first time (the most important time), it gets little or no interest as buyers know their prices and can’t be fooled.

Our fee ensures that you receive the very best service from us – it is totally in our best interest to find the most suitable buyer for your home and get them to pay the best price for it.

What are your plans? Are you getting your house ‘sale ready?’ 🏡 Do you need your house valuing? Give us a call here at Hall and Thompson and let us see how we can help you. 01827 425195 or 07531484956

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So who is my Tamworth buyer and do they really know what they are looking for in a property?

I often ask myself, who is my buyer?

Many times I have thought, If I could answer this question it would be easier to market the property towards that group.

What made you buy your home, was it the location – next to your favourite football club or was it situated in a leafy suburb. What attracted you to it in the first instance?

When I conduct a valuation on any home, I like to get entralled into costume and play a part in the play – me as a potential buyer.  For instance I am a young 20 something looking for a love nest with my beau or I will pretend that I am a professional person who is moving with her  high flying job.

I still wear my estate agent hat to create an accurate price tag. Wearing two hats just ensures that I can create an ideal marketing plan for the seller while getting the best possible price.

Many hats Many hats

So how do you capture potential buyers attention and ensure their need – they really must view your home?

An apartment is perfect for those professional buyers who are carefree and single who are looking for a low maintenance home. They do not want gardens to tend every weekend, after all, they have a busy social life.

Show them the great social life close by, the fabulous restaurants and the many evening attractions. Remember to include this in your marketing material.

Why not try some trendy home staging, it doesn’t cost a fortune.

A 2 bed terrace home  is a ideal starter home for a young couple. Money is often tight as they have been saving every penny for a deposit enabling them to get on the property ladder. Entice them with such information that the home has central heating, has been double glazed and is in great condition.

Point out any large local employers. Are there any green areas or woodland close by? Let people know what is in the neighbourhood.

A bungalow will appeal to the retired as there are no stairs to  manoeuvre. They are often looking to downsize and yet still have a spacious home so make your bungalow appear roomy and light.  Keep ornaments and family photographs to a minimum. You need to sell the retired dream home – low maintenance yet still space to entertain those friends who drop by.

Mention the  bus routes and local amenities, all favourites with the retired folk.

A 3 bed semi-detached house is an ideal family home for growing families.

These buyers are looking for more space in order to bring up their family. Show how the house and garden can accommodate their young ones with plenty of space to play.

Something I always bang on about, make sure every room has a purpose and that includes your spare bedroom. If it appears to be a dumping ground this will turn off potential buyers. They need to see how their families lifestyle will fit in perfectly.

Look at the schools in your area, if you have great schools, then ensure they are mentioned.  Houses close to excellent schools are always at a premium.

When selling your home you need to work out who your buyer is likely to be and you need to market these people. Your agent will gladly offer their thoughts and help market to the ideal viewer. Consider home staging and removing the clutter, sell a lifestyle. It can make a huge difference.

My name is Lorraine Thompson  and I am a property valuer at Hall and Thompson  Estate Agents. I’d love to help you move and achieve a great price for your home. Can we make a difference for you? Why not call me on 01827 425195.

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323 Properties For Sale in Tamworth … is this an issue?

2017 has started with some positive interest in the Tamworth property market.  Taking a snap shot of the Tamworth property market for the first quarter of 2017, the picture suggests some interesting trends when it comes to the number of properties available to buy, their asking prices and what prices properties are actually selling for.

Number of properties on the market 12 months ago
Number of properties on the market 12 months ago

 

 

 

 

 

 

 

Let us first consider the number of properties for sale, compared to 12 months ago:

property for sale today vs 12 months ago

Property for sale today vs 12 months ago

 

So when we add in building plots and other types of properties that don’t fit into the four main categories, that means there are 323 properties for sale today compared with 286 a year ago, a rise of 13%.

Next, Tamworth asking prices, compared

to the same as a year ago, are 4% higher.

property in Tamworth

What is property actually selling for in Tamworth

 

With that in mind, I wanted to look at what property was actually selling for in Tamworth. Taking my information from the Land Registry, the last available six months property transactions for B77 show an interesting picture (note the Land Registry data is always a few months behind due to the nature of the house buying process and so November 2016 is latest set of data). The price shown is the average price paid and the number in brackets is the number of properties actually sold.

So what does all this mean for the property owning folk of Tamworth?

Well, with more property on the market than a year ago and asking prices 4% higher, those trying to sell their property need to be mindful that buyers, be they first timers, buy to let landlords or people moving up the Tamworth property ladder, have much more price information about the Tamworth property market at their fingertips than ever before.

Those Tamworth people who are looking to sell their property in 2017, need to be aware of the risks of over pricing their property when initially placing it on the market. Over the last 12 months, I have noticed the approach of a few Tamworth estate agents is to suggest an inflated asking price to encourage the homeowner and secure the property to sell on their books. The down side to this is that when offered to the market for the first time, buyers will realise it is overpriced and wont waste their time asking for a brochure. They won’t even view the property, let alone make an offer. So when the price is reduced a few months later, the property has become market stale and continues to be ignored.

Whilst the Tamworth property-market has an unassailable demand for property – there is one saying that always rings true – as long as the property is being marketed at the right price it will sell.

 If you want to know if your Tamworth property is being marketed at the right price, send me a web link and I will give you my honest opinion. lorraine@hallandthompson.co.uk

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