Be Realistic About The Market
Like the rest of the UK, the property market in EXETER is on its knees. You need to be realistic about the value of your EXETER property if you want a quick sale. This may be difficult, especially if you stretched yourself on your mortgage when your purchased. Consider discussing your situation with your IFA, and your estate agent to agree a realistic market value for your property. Jun 09.

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Legal Fee Variance
Why is there such a variance in legal fees when it comes to buying and selling property? It's a good question, and I'm sure you're wondering if it has something to do with quality? The answer is largely NO. The usual rule is: you get what you pay for. Not in this case. It's all to do with economies of scale. There are legal firms that only deal with property related business, and on a massive scale. They are highly experienced and efficient and can pass on large savings to you.

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Credit Crunch Bites Hard
The credit crunch has decimated UK house prices.

House prices have fallen, on average, by £15,489 since last summer, 2008, when they peaked. They are now falling at their fastest rate for at least 25 years.

This is great news if you're a first time buyer, and worrying if you need to sell.

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Presentation
A good estate agent in Exminster will be able to advise you on how to best present your property to potential purchasers.

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Beware Overvaluing Your Property
Overvaluing a property is a well-known tactic that some Exmouth estate agents will use in order to impress you to secure your listing instruction. Therefore, do not fall into the trap of simply choosing the Exmouth estate agent with the highest valuation because an overpriced property will tend to attract the wrong kind of buyers to your Exmouth property and the right buyers may never get to see it.

This practice can result in the property remaining static on the Exmouth housing market. This can also lead to the property having to be subsequently reduced falling below its true market value. The issue of obtaining a correct valuation is therefore paramount to the selling process.

It is critical that you appoint a Exmouth estate agent who not only has a track record of successful sales in Exmouth but also has a thorough working knowledge of current buyer activity and who can interpret and communicate prevailing market trends to your advantage.

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