top of page

Mind the gap!

Writer's picture: Conrad BindingConrad Binding

  • High costs of borrowing mean buyers are being cautious, one of the reasons why seven in ten agents are saying that it is now a buyer's market.

  • Buyers with a reluctance to overstretch are coming up against optimistic sellers, resulting in a growing disconnect between buyer and seller expectations.

  • Recent analysis shows the market gap between the asking price expectations of a seller and the approved price of a buyer increased to 35.6%, 1.5% higher than the previous quarter.

  • Given the price sensitivity of the market, understanding local market dynamics and pricing realistically are crucial to successfully securing a sale. Source: #Dataloft Poll of Subscribers, Benham and Reeves

18 views0 comments

Recent Posts

See All

Comments


Subscribe 
Off-market properties & Newsletters.
  • alt.text.label.Facebook
  • alt.text.label.Instagram
  • alt.text.label.LinkedIn
Logo of the property ombudsman
Logo of trading standard

©2023 by RE/MAX Estate Agents

23 Park Crescent Barry CF62 6HD

Logo of client money protect
Logo of the infomation commissioners office
Logo of the DPS
Logo of rentsmartwales
bottom of page