• Finding Properties Since 1984
  • The Times, 18/03/18



    Please sir, can I have your house


     By James Greenwood of Stacks Property Finders 


    “A shortage of stock means buyers are resorting to begging letters

    he hit rate for begging letters is about 5%, estimates James Greenwood, managing director of Stacks Property Search. People who have been contemplating selling up might be persuaded by a personal letter, especially if it means avoiding estate agents and the hordes traipsing through their house. Yet there are dangers in going it alone, too.

    “If someone responds to our letter, we encourage them to get an agent,” Greenwood says. “Private buyer and seller is a recipe for disaster — 40% of all transactions fail before exchange — but an agent can smooth things over. And a private seller might overvalue by 20% to 40%.”


     

    Read full story here



    If you would like the Stacks Team to help you with your property search, please call 01594 842880


  • © 2016 stacks. All Rights Reserved