Monthly Archives: May 2011

Wellingborough Office Has 33% Market Share


Since the start of the second quarter of the year, (1st April 2011 to 13th May 2011), Richard James Estate Agents Wellingborough office has agreed sales on 27 different properties. This is 33.3% of all property sales, agreed in the postal district of NN8 during this period. Our nearest competitor has a market share for this period of 22.22%, this equating to 18 agreed sales and every other Estate Agent in the area selling than ten properties each.

One in three house sales in Wellingborough are agreed by us, this being a testiment to our quality marketing and effort in contacting every available buyer to promote each property we take on to our books.

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Asking Price Remains Key to Achieving Sale

A recent survey conducted by Home Sale Network reports that getting a property’s asking price right is essential to selling your home. Indeed 83% of survey respondents indicated that the asking price remains key to achieving a successful and quick sale in the current market.

Half of Network respondents also reported that it was ‘critical’ for sellers to set the correct asking price as soon as the property comes to the market.

On average, the majority (57%) of Network members reported that the percentage of the initial asking price achieved was between 90% and 94%, with more than a third (36%) stating that they had achieved between 95% and 100% of the asking price.

“As our Home Sale Network survey indicates, with the increased demand in the market at the moment, it’s essential that sellers set realistic asking prices as soon as their property comes to the market.”

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