Realistic pricing is the key to selling your home in a flat marketplace
Houses must be priced realistically if they are to sell, the Royal Institution of Chartered Surveyors has warned.
With the number of houses for sale currently outstripping the number of buyers, those selling have been told they must keep the estimation of their home’s value in check.
Ian Perry, RICS housing spokesperson, said: “The increasing number of prospective sellers who placed their homes on the market in December is a positive development as a lack of stock has been a big issue in some parts of the country but with sales expectations remaining flat, it is important that vendors are realistic in their pricing if they wish the sale to go through in good time.”
And while more houses came onto the market in December, the level of interest from new buyers continued to decline.