Martin Cooper: Managing Director at Harcourts Cooper & Co talks the fear of overpaying for property
Description
House prices have been flat or are falling, it's hard to miss.
Many owners are trying to quickly sell up - whether it be to fund their retirement, or simply because the rental market just isn't as profitable as it used to be.
Analysts reckon this will mean a lot of younger people finally getting the opportunity to get on the property ladder. But there's one thing keeping a lot of potential buyers hesitant...
Thirty percent of agents say that buyers are concerned property prices will drop further after they've purchased, leading to potential buyers holding off for lower prices.
So how do you deal with the fear of overpaying? How can you be sure you're entering the market at the right time?
Martin Cooper is the Managing Director at Harcourts Cooper & Co and he joined Tim Beveridge for the OneRoof Radio Show.
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