Week 27 - DM & Co. Homes - Solihull Property Market

If there was ever a fear in the back of your mind that the market would start to slow, July has shown absolutely no sign of it - in fact, quite the opposite. We have seen a rise in the number of people wanting to take action and move sooner rather than later. There has been over 20 properties come to market this week and that supply is being met with solid demand.

Whilst the media is hell bent on reporting doom and gloom and interest rates are on the rise - Surely that’s not a surprise, is it? I think that we are sometimes guilty of forgetting where rates were only a few years ago in the pre-pandemic era. I expect to see rates rise again between now and the end of the year, my advice to anybody that is looking to or wants to move, is to do so sooner rather than later to take advantage of these historically low mortgage rates and fix it to bring some certainty. If you’d like to arrange a chat with our friendly mortgage advisor, click here to drop me email.

Now this might seem a little strange to mention in July, a big thank you to the anonymous family that have donated £250 to support the Dorridge Christmas Lights! Our connection and commitment to support the local community has never been stronger, as summer season unfolds we look forward to meeting you at the various school fetes and parties that we have pencilled in.

Over to Peter, who will kick start things this week…

The Solihull office has seen a busy first week of July with a total of 10 new instructions being prepared to come to market, with a good variety of property types and price ranges. If you are considering selling please do call us now – even with all of these new properties becoming available we still need more to satisfy buyer demand. If you are currently on the market with an agent and your property is not getting the amount of interest that your agent promised you or your agent is not keeping in contact with you regularly and updating you (yes would you believe I still hear this age old complaint levelled at agents – unbelievable really; if they are not going to have the desire and drive to sell your property and deliver what you promised why take the instruction in the first place!!) Please please please do not fall into the trap of thinking that all Estate agents are the same and if one cannot sell it then how can we? We are absolutely not the same and we WILL sell your property, take some time to read our reviews and study the presentation of our listings on the portals, we will do your biggest asset justice with our marketing and achieve the best possible price for you. Please call the Solihull office 0121 775 0101 for any advice and help you require. Have a great week and enjoy the start of summer! - Peter Faithfull, Solihull Branch Manager

I was on a valuation this week, one of five agents who the vendor had invited out. They asked me what makes us different? I replied because we CARE and we want to get you the very best price, but more importantly a good buyer! They asked me how quickly I could get them on the market? I replied anyone can take some pics and stick you on Rightmove and wait for the phone to ring - what we want to do is make sure the price is right by testing the market by mailing out and calling out to our black book of hot buyers first. How many houses have we seen listed by local agents that have been rushed to market with poor media, at a high price and then reduced in 3 or 4 weeks time! You are selling a million pound plus property, lets get it right and take just a few more days to maximise your properties true potential. If you would like to know how I can help you, call in for a chat and a coffee or drop me a line on 01564 777 314. - Kathy Griffiths, Head of Premium

Exceptional customer service is the core value of DM & Co, and this week it as been wonderful to receive outstanding feedback across the Sales and Lettings teams. We are here to help people with their journey, whatever that may be, whether they are buying or selling with us. Today, Evie our Apprentice, took a call from a couple in London who are desperate to move to Solihull and have been looking for a while. The reason for the call was to say that they had an offer accepted with our Solihull team, and they just wanted to let her know how grateful they are for all her help, not only keeping them up to date with properties we are marketing, but also taking the time to speak to them each week to see how they were getting on. Some qualities you cannot teach, however training is a driving force within our business, and we are committed to provide our teams with the skills to deliver the best service possible. This week, I was excited to meet with Jo to see what lies ahead for the teams over the next 12 months. If you are considering a career in estate agency or are currently working within the industry and would like an informal chat, do call me on 01564 777 314. - Lisa Smith, Branch Manager - Dorridge and Sales Director

What a scorcher of a week & I don’t just mean the weather! The success at our Moseley development of two-bedroom apartments continues with us securing two new tenancies at a rent of £1400 pcm!! We are building such a fabulous community at Carlton Lodge & with only a few remaining, I urge anyone that is interested in purchasing or renting them to get in touch ASAP! The Landlord Club has been popping, my phone & emails haven’t stopped with enquiries into our OFF MARKET opportunities! You would be crazy not to join if you are in the market for fantastic investment opportunities. We are not just any letting agent, we go the extra mile to help you build or start your portfolio. There is something very special about this team, even if I am a little biased :) - Join The Landlord Club today….or drop me a line, I would absolutely love to help you. - Gabrielle Argue, Head of Lettings

Thank you for taking the time to read this weeks market update - if you would like to know about anything property related, we would love to hear from, and help you. If you’d like to book a valuation, that is really easily done - click here!

Let’s be honest - selling your home is never going to be easy, there will always be something that doesn’t quite go to plan - what is incredibly important is how your agent reacts to these instances.

If you would like to learn more about how we operate, please get in touch with the Solihull or Dorridge office on 0121 775 0101 or 01564 777 314 respectively.

We look forward to hearing from you.

Kind regards,

Dominic Murphy - email me here or WhatsApp on 07595 903 811

Managing Director – DM & Co. Homes

P.S. - Take advantage of a FREE report on your property by clicking here