Our Estate Agents Secured a sale 3% over the asking price with multiple offers - Inkerman Road, St Albans

Initial Property Situation

Northwood Estate Agents in St Albans had initially secured buyers for the house in Inkerman Rd, AL1 and the process had largely run smoothly, but frustratingly at the last minute just before Exchange the buyers’ circumstances changed and they had to pull out.

Naturally, the vendors were very concerned not only because the sale had fallen through but because the property was empty having had rental income coming in previously. This would now put them under significant financial strain. The issue was clear – a new buyer would need to be sought and fast!

The New Strategy

To address this, our St Albans estate agents advised the vendors on a new price that we should go to market at, the strategy for presenting the house in the most effective manner and how Northwood would proactively identify potential new buyers in a short space of time.

Our property specialists swiftly relaunched Inkerman Rd:

  • having reviewed and refreshed all shots and descriptions,
  • put all our estate agents’ resources into an intensive search of our contacts list,
  • and initiated a call-out campaign to potentially interested parties,
  • whilst conducting an extensive outreach campaign on property portals, websites and using our social media platforms.
Inkerman

Results

This sustained activity led to 16 viewings on the house and offers from 5 parties. After our estate agents in St Albans facilitated extensive negotiation between the vendor and these interested parties, we ultimately secured a sale to a chain free buyer after only 8 days… what’s more, we did so at 3% above the asking price!

Completion

As a local estate agency, we also facilitated the sale process to completion to ensure a quick transaction and minimise the opportunity for the sale to fall through. The sale was completed in just over 9 weeks.

Client Satisfaction

The vendor was very happy with the outcome of the sale and was relieved that the financial burden had been lifted. Mr G commented: “Thank you, we are delighted the sale has been completed. Agree it was a good result after the first attempt fell through. Thank you for your efforts, which are much appreciated.

In a need of estate agents in AL1 or the rest of St Albans?

If you are thinking of selling your property and need a proactive, motivated local agent to help you, please call us on 01727 734550.

Inkerman 2