Monthly Archives: July 2016

Property for sale

Can you ever undervalue your property?

Valuing a property is a tricky business.  You can apply logic, by looking at properties that have sold recently nearby.  You can look at overall property prices and Zoopla valuations.

But valuing a property can also come down to experience and to detail.  If there aren’t any comparable properties then you need to make your best estimate.  A property might look comparable, but the actual particular circumstances may have been different.  It may have sold for less than expected as the sellers wanted a quick sale in order to not lose something they had found.  Or it might have been immaculate inside and got lucky with the right buyer.

Ultimately a home is worth what someone will pay for it, but when you decide to put your house or flat on the market you need to decide on a starting figure.  Estate agency is a competitive business and one way of trying to win your business might be to come up with a high valuation.  Short term, this can be persuasive – “If they think they can get more money for it then let’s go with them” but overvaluing can be risky.  Of course, if you have the benefit of time then you may wish to try a price that is out of line with local market data just to see if you get lucky.  But an inflated price can put buyers off even viewing your home.  You may then have to look at your house sat on the market for weeks, constantly having to keep it ready for a viewing.  You then reduce the price and wait.  You may even have to reduce the price again which can become a negative cycle with buyers asking questions “Why has it been on the market for so long? Why have they had to reduce the price so much?”

People are understandably scared of undervaluing their property.  It is usually the biggest asset you will ever have.  You want to get the most you can to fund your move, your retirement or a change in lifestyle.  But can you ever undervalue a property?  Generally in a market such as ours we don’t believe you can undervalue.  Of course, we always look at market data and calculate what we honestly believe is a realistic valuation for your property.  But starting at a more achievable price can encourage more people to want to come round for a viewing, and then give you an offer.  Having more than one buyer wanting to buy your home puts you in an excellent position – able to push the price higher, able to choose the buyer which you feel suits you best (perhaps a lack of chain, or one with funds already in place).  If buyers really want your property then original asking prices become a starting point to see who wants the property most and what they are prepared to pay.

We always recommend to prospective sellers that they do not go with the highest valuation.  Though the pound signs can seem attractive, it is money in the bank that really matters.  Choosing a lower valuation can actually end up delivering you more.

If you are thinking of selling your property then we can help.  With all the knowledge of a local high street agent, but at the cost of an online agent we can sell your property from as little as £499 or 0.5%+VAT, saving you thousands.  Please give us a call on 01252 819725 or contact us and we can give you a free, no obligation valuation of your home.

Meet the Check 4 Houses team: Julie

Selling your property can be a very stressful time but it doesn’t always need to be.  At Check 4 Houses we go out of our way to offer you the best advice, guiding and updating you through each stage of your property sale.  We offer dedicated, personalised contact from start to finish wherever you are in England, from our head office in Fleet, Hampshire.

Here’s a little more about Julie who joined the Check 4 Houses team last year, having spent her entire career working in the Property industry.

Name: Julie

Job role: Conducting viewings, managing the sales process and general administration

When & why did you join Check 4 Houses:  I joined Check 4 Houses in May 2015 after having a career break following the birth of my twins.  I was genuinely excited at the prospect of joining a progressive company which was changing people’s idea of how homes could be sold.  With the emergence of more internet based estate agents I felt that Check 4 Houses offer the best of both worlds – local knowledge and expertise paired with internet pricing, all backed up with excellent customer service.

What did you do before you joined Check 4 Houses:  I have always worked in the property industry starting my career as a trainee in a residential letting agency before working as a PA for a number of leading property companies.  I finally settled into a career in the City of London working as a Client Services Manager for a fund management company.

Best thing about working for Check 4 Houses:  I believe the best part of working at Check 4 Houses is making a difference to people’s home buying/selling experience.  Not only can we save sellers money but I take an enormous amount of satisfaction in helping people find the right buyer for their home.  We aim to make  the buying and selling process as stress-free as possible.

Best thing about living in Fleet:  I have lived in Crookham Village just outside of Fleet for nearly 10 years.  Before that I was a bit of a nomad having lived in Eversley, Aldershot, Ash Vale and different parts of Camberley.   We are so lucky to live this area – we have great countryside on our doorstep, excellent schools and a great choice of local shopping.  Most importantly for me, we have a real sense of belonging to an amazing community.

Plans for the future:  Professionally I would like gain more experience and to help grow and expand the business.  Personally I love to travel and now that my children are a little older, I would like to show them some more of the world!

If you are thinking of selling your property and buying your next home then we can help.  With all the knowledge of a local high street agent, but at the cost of an online agent we can sell your property from as little as £499 or 0.5%+VAT, saving you thousands.  Please give us a call on 01252 819725 or contact us and we can give you a free, no obligation valuation of your home.

Red arrows airshow display

Farnborough International Airshow takes off this weekend

The Public International Farnborough Airshow takes place on 16 and 17th July and promises to be another great event – attracting visitors from far and wide.

There is a huge amount to look forward to with activities ranging from Meet the Pilots, Simulators, Vintage displays, a live stage show as well as the world-famous Farnborough Airshow flying display.

The family area will feature face painting and arts and crafts as well as thrilling fairground rides and a challenging climbing wall.

The UK drone show is a brand new attraction for this year.  Featuring the latest aerial and terrestrial drones, the dedicated area will allow visitors to experience the exciting world of FPV racing (First Person Viewing) and watch flying demonstrations that will teach, inform and entertain.

A wide variety of aircraft are expected to be part of the flying display on both days of the show.  From new strike fighters like the F-35 to passenger giants like the A380, even Apache helicopters, gyrocopters and the world famous Red Arrows, the skies will be packed with entertainment as well as the ground.

To find out more about the show visit their website.  Each day the show is open from 0930 to 1730 with flying displays from 1230 through to 1730.  Free shuttle buses are available from Farnborough Main, Aldershot and North Camp train stations to the show site.  Parking is free and also serviced with free shuttle buses into the show.

Farnborough is home to thousands of residents across its town centre and the surrounding areas of North Camp, Cove, Southwood, Hawley and the prestigious Farnborough Park.  If you are looking to move within or even relocate to Farnborough and its’ surrounding areas then we can help you find your ideal property.  Why not check out our properties currently for sale, as well as some comments from happy customers who have sold their property through Check 4 Houses.  We can sell your home from just £499 or 0.5% + VAT.  Please give us a call on 01252 819725 or contact us and we can give you a free, no obligation valuation of your home.