Selling Properties in a Pandemic

It is like a battlefield out there at the moment and a property market like no other!

There's been crashes and blips or booms before but this time, aside from the uncertainty, there's just a general tension in the air and an overall sense of 'I'm fucking pissed off' with everyone.

This week has been the best example of that in our office.

We've listed £7,000,000 worth of property on sole selling contracts

We've sale agreed £5,000,000

We've completed on nearly £2,000,000

That 'sounds' like a good week

But

We've had to rescue 4 sales from falling through due to circumstance changes (job losses, funds no longer available etc)

We've lost 2 sales this week which we won't be able to save

We've re-listed or really grafted on many more just to keep deals alive or buyers/vendors onboard and in with a chance of completing

The market is chaotic with down vals, surveyors refusing to visit properties, solicitors being slow and we get it in the neck quite often as a result

It is pipeline protection and fire-fighting every day. Overcoming obstacles and drawing on experience and hard work to keep hitting our targets.

It's a week where we have achieved so much with listings, sales and completions but it's the work on the fire-fighting that I will look back on and be the most proud of the team for.