Archive for the ‘House Price Valuation’ Category

We predict that ‘Moving Contracts’ are set to replace old estate agents’ ‘Selling Contracts’
Estate agents’ selling contracts should become ‘moving contracts’ which should pay them a fee when they arrange a successful combined move, not just a sale.
For this to work, instead of vendors signing selling contracts with solely appointed estate agents (as happens at [...]

We have a fatal flaw in the way our housing market is run at present and it is the very same flaw that was instrumental in bringing down the Spanish housing market last year.
During the boom phase of their housing economy, and following the application of more government stimulus after the 2007 crash, it become [...]

If new online media (or new online business models) were able to compete with estate agents on a level playing field, the effect would be that estate agents would be less able to guild-the-lily in order to win instructions because the online presences would help to expose that.
For example, if a badly set up estate [...]

The RICS is recently reported as saying “We will work with other bodies to establish, by 2015, a single industry-wide regulation and independent redress scheme for the whole sector.”
Well in that case, we’d like the Property Match organisation to be part of the process and be included in the formative discussions for establishing a single [...]

What’s more important than average house prices stats is the following: -
“Our Government needs to revamp the UK housing market completely – and soon,” says Peter Hendry, a Consultant in Housing Valuation and the Web Site Manager at Property Match (UK), a new DIY online house selling web site.
He explains, what’s currently wrong is the [...]

There were 74,000 completed sales during the month of March 2012, up from 63,000 in the previous month, the figures show.
The pick-up is likely to be, in part, that some buyers brought forward purchases in order to benefit from the stamp duty concession, which has now expired.
Despite this, sales activity has remained subdued compared with [...]

Latest proposal for the best way to resolve the current unacceptable stagnation right across the UK housing market.
It’s no good working under the principle that house prices can’t ever go down. Anyone who understands the nature of investments must understand that, but house prices don’t necessarily have to suffer from vast reductions either.
My idea [...]

This is really the final piece of the OLD jigsaw, which explains the good and the not so good relationship between those selling or indeed letting houses, and their appointed estate agents.
Knowing how to better this is knowing how to shape the future. May you enjoy reading it and may all those involved in [...]

Estate agents are only as good as the number of houses they are able to actually sell. Not a lot these days.
So many of them are going wrong because they don’t actually know how to do a proper house valuation, so they’re getting all the asking prices wrong! This confusion is what’s slowing the [...]

This is about changing the way prices are negotiated on house sales and purchases, in order to reduce cyclical market stagnation.
Having researched the difficulties in housing market transactions taking place over successive booms, I’ve come up with a better way for agents to handle offers received from prospective purchasers. In my opinion, it should [...]