It’s ‘tough but good’ in the property market

Nine times out of ten, when someone finds out I am an estate agent their first question is, ‘How is the property market doing?’ To which I currently reply ‘It’s tough but it’s good’.

The tough bit comes from the fact that mortgages are still very restricted. The good bit comes from there being plenty of people who would like to buy or sell a home.

At Harrison Murray it’s our job to overcome problems associated with mortgage lending – which we do through our whole-of-market financial advisers who can still find the best finance deals for our customers – and to bring the buyers and sellers together.

In this market putting the sale together is relatively straightforward so long as we have a seller who is realistic in their expectation of how much their property is worth, knows how much they will have to spend on their next home, and has listened to our advice on how to be legally prepared for the sale - and we have a buyer who has properly sorted out how they will pay for their purchase.

The property market has woken up again from the long summer that saw house buying and selling take a back seat to the wonderfully entertaining Olympics and the Jubilee celebrations.

Since the kids went back to school in September, most of our 17 branches have seen a marked lift in the year on year volume of sales as well as an increase in the number of properties coming onto the market.

It all points to a busy autumn for us, and a relatively good time to get on with making your next move.

Oh, and while I think to mention it, Harrison Murray has just launched a very exciting service that means we can sell your property for 0% fees – and guarantee you achieve the best possible price. Our branch staff will be happy to explain.”