2. Consider selling via private treaty
A private treaty sale is more effective for vendors who are trying to sell in a market where there is an abundance of similar stock on the market and local sales activity has slowed considerably. This can be a great strategy for those attempting to sell in the highly concentrated mortgage belt areas, or in fact those trying to sell a high end property in a non-responsive market.
Yardney says there are currently more properties on the market than willing buyers, due to economic uncertainty, and suggests private treaty as an effective solution for selling your home in an active buyers market.
“If you live in an area where lots of locals are seeking to market their property at the same time, this could be a good option at the moment,” Yardney explains.