The Royal Institution of Chartered Surveyors says that the June property market dragged its feet as demand failed to pick up. And that sellers’ expectations are too high and that they need to realise (accept) that the market has changed. This, from their latest survey of members.
Move With Us, the property organisation, suggests that ‘56% of properties on the market are overpriced’. Director Robin King says ‘Inaccurately valued property is one of the most problematic issues in the current market’.
The RICS says that the average estate agency office sells just five homes per month now.
Courtesy of Letting Agent Today