Buyers will compromise most on their gardens, followed by a downstairs cloakroom, while least up for negotiation is the number of bedrooms. A surprisingly large number will, however, compromise on the location.
A survey of independent estate agents by Move with Us found that nearly 40% of agents noted that the size of a property’s garden is the first thing to be forfeited when buyers were purchasing a new home.
A downstairs toilet is next on the list with 33.5% of agents highlighting that buyers are willing to sacrifice this. Location is third at 15.4%, followed by parking at 9.3% and the number of bedrooms at 2.7%.
The survey also found that the number of property viewings that home buyers completed before buying their new home has also increased. The average number of properties a buyer has typically viewed before buying in the last six months is between 11 and 15.
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Comments
This seems a sensible survey ... my partner said she was asked to complete one a week or so ago, I think it was for PrimeLocation, which asked for buyer priorities re such items as heli-pads. Yeah right.