How Nick Millican’s Real Estate Expertise Attributes to Tumbling London House Prices in December
How Nick Millican’s Real Estate Expertise Attributes to Tumbling London House Prices in December
Over the months, housing prices in London have been falling with little improvement. These have been attributed to low demand for housing. Sellers are opting to set realistic prices to lure buyers. This is an approach taken by Nick Millican during his extensive tenure in financial and real estate companies.
This saw tremendous growth in these companies over the years. House sellers in London have decided to use the logical approach of finding attractive investment opportunities. Plus, adding value to them, a methodology successfully used by Nick Millican. Therefore, house sellers are pricing houses in line with local market trends.
The sellers also apply price reductions on certain days, such as Boxing Day since most buyers tend to start their house search on such days. Market trends and research reveal that there are higher mortgage costs and house buyers with small budgets. And there´s more, according to Nick Millican.
The real estate agent´s experience in the real estate industry especially investment and asset management is highly applicable to house sellers who have since adopted competitive pricing to attract more buyers.
Market uncertainties reveal the need for strategic vision, financial expertise, and commitment to matters of house selling and real estate like the ones for Nick Millican. There needs to be plans and research in place to curb the fall of house prices, maintain buyers over the months, and increase sales.