The Greycoat Real Estate Has Noted That Unrealistic Expectations From Sellers Is Causing Many Available Properties to Remain Unsold
The Greycoat Real Estate Has Noted That Unrealistic Expectations From Sellers Is Causing Many Available Properties to Remain Unsold
As one of the most trusted independent real estate firms currently operating in the United Kingdom, the team at Greycoat Real Estate is constantly keeping an eye on all of the latest developments within the market. At the real estate agency, they also frequently weigh in on these developments with insights that are useful to industry professionals, property owners, buyers, and renters.
One recent development that the team at Greycoat Real Estate has recently made note of is the fact that there has been a surge in the number of properties that have been listed for sale. Also ghosting is a new trend. At the same time, many of these property owners are failing to find buyers. One factor that industry experts are attributing to this is the fact that many of these sellers are coming to the market with unrealistic expectations.
A whole new leading data company that focuses on the real estate auction market has recently noted that there has been a huge increase in the number of property owners looking to list their buildings for sale at auction. And Greycoat is aware of this.
Many of them are finding difficulty in moving these properties due to unrealistic pricing. There was recently an increase of almost 48 per cent in terms of the number of lots offered for sale at auction. According to Greycoat real estate agency specialists, this uptick was seen in both the residential and commercial sectors.
Industry experts such as the team at Greycoat Real Estate will continue to monitor this situation closely. It will be informative in the coming months to see if sellers are willing to lower their expectations in terms of the pricing of their available properties.