Buckinghamshire Advertiser - - BUCKS PROPERTY -

EADING es­tate agent Strutt & Parker held its 12th Na­tional Open House day event ear­lier this month, open­ing the doors to all of the houses tak­ing part up and down the coun­try, at the same time and on the same day.

Some 700 prop­er­ties took part cov­er­ing coun­ties from Corn­wall to Northum­ber­land and the event proved one of the most suc­cess­ful yet, with more than 1,200 view­ings tak­ing place through­out the day. More than £80 mil­lion worth of of­fers reg­is­tered with the firm as a di­rect re­sult, £20 mil­lion more than the to­tal of­fers re­ceived from the same event held in Fe­bru­ary.The num­ber and value of of­fers ac­cepted was also up.

Steven Spencer from Strutt & Parker’s Ger­rards Cross of­fice said, “Th­ese fan­tas­tic fig­ures show us that the coun­try house mar­ket post-Brexit vote is healthy and there are lots of com­mit­ted buyers out there.We re­ceived ap­prox­i­mately £20 mil­lion more in of­fers than in Fe­bru­ary when we were in the grip of un­cer­tainty sur­round­ing the Brexit vote in June.

“Con­fi­dence is re­turn­ing as many have re­alised that the im­pact of Brexit on the UK coun­try mar­ket is lim­ited and that life goes on.The suc­cess also demon­strates that peo­ple have ad­justed to the Stamp Duty Land Tax changes.

“In our lo­cal of­fice, we had ap­prox­i­mately 60% more sell­ers tak­ing part this year in our Na­tional Open House Day event com­pared to the same time last year.

“Au­tumn has long been one of the busiest times of the year for house hun­ters.Those who are com­mit­ted are of­ten keen and ready to move be­fore Christ­mas – so open house day was per­fect for cap­i­tal­is­ing on that.”

Se­ri­ous house hun­ters came out in their droves to see the se­lec­tion of prop­er­ties on of­fer, with stand-out prop­er­ties re­ceiv­ing up to 20 view­ings in just a few hours.

Spencer con­tin­ued:“Com­pared to our event ear­lier in the year, buyers seemed much more driven and this is re­flected in the of­fers they were mak­ing, of­ten at guide price and, in some com­pet­i­tive cases, even above!”

“Pric­ing has been an im­por­tant is­sue this sum­mer and we were par­tic­u­larly care­ful to make sure our houses were on at re­al­is­tic guide prices be­fore the event.

“If a prop­erty is priced too high, it runs the risk of being dis­counted from a buyer’s view­ing list, even if it ticks ev­ery other box.

“The con­cept of our open house day and the key to its suc­cess is to en­cour­age buyers to look at houses they might not have pre­vi­ously con­sid­ered.We know from this and pre­vi­ous events that they do go on to buy.”

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