Information For Property Sellers

How Kemp & Kemp Residential values your property

To begin with, a qualified Kemp & Kemp Residential representative will visit your property and will discuss with you the critical points affecting the pricing of your home. Firstly, there is your own expectation of price, which has a critical role to play. Secondly, there is the view of Kemp & Kemp Residential, given our specialisation and experience. Finally, and perhaps more importantly, are the prevailing conditions in the housing market at the time. This is why it is so important to choose a quality estate agent who is capable of obtaining the maximum value for your home in all economic conditions.

Valuation factors

To provide you with a market appraisal, we always take into account three vital factors;

1. Comparable sales evidence.

We use our local experience to compare your house, its location, period, square footage and other features with similar homes which have sold recently. We also have an exclusive license with Hometrack, who are the UK’s largest independent house price index and therefore have access to a considerable body of evidence.

2. Statistical evidence.

One of the ways in which we differ greatly from our competitors is in our use of sophisticated computer systems. This provides access to potential buyers in three distinct markets: local, national and international. The local market shows potential buyers who have registered with Kemp & Kemp Residential. Nationally we have a highly effective presence in Mayfair, central London. The international market typically includes expatriates looking to buy in certain areas of the country, but increasingly, it also includes foreign nationals who are seeking to educate their children at specific schools in the UK and therefore plan to live close by. Using our IT systems we can provide a detailed analysis of all the potential buyers for your property and establish at what price level there is optimum demand and at what price point demand tails off.

3. Intuitive reasons.

Specialist IT systems have their uses, but they cannot take into consideration every possible factor that can account for a decision to purchase (such as your beautiful kitchen, garden view or provenance). So finally, and most importantly, we base out figures on our professional opinion as to the price we feel is right for your property given the prevailing market conditions.

At the appraisal visit itself, the Kemp & Kemp Residential representative will discuss with you a price banding for your property, upon which agreement is reached and will also discuss with you our Terms and Conditions. A full written market appraisal will follow, normally within 24 hours, confirming all that was discussed including a statistical report.