Do you want to pursue a Job/Career as an Estate Agent?

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Property sales and lettings is a fabulous career choice. Working in a vibrant environment, where invariably, you will develop a wide range of skills including strong negotiation and sales techniques. Of course, top performing and diligent consultants are rewarded with attractive financial incentives.  Many people enjoy the fact that this career is continually challenging and stimulating.

Gracechurch Property Services are estate and letting agent in Edmonton, North London (N9, N18). We are always searching for bright and talented individuals who have a passion for property.

• Outlined below is a comprehensive guide of the core competencies and personality traits that we feel are required to become a successful property agent.

Sales skills – Previous general sales experience, preferably in a target driven environment. These basic techniques are transferable and will enable you to have a flying start to your property career.

People skills- In this role, you will be in constant contact with a wide range of people including Sellers (Vendors), Buyers (Applicants) also Landlords & Tenants, in addition to other property professionals e.g. Solicitors, surveyors etc.  Therefore, a bubbly personality and good people skills can be a significant advantage.

Professional qualifications- Property negotiators are required to attain an accreditation in the sale and letting of residential property, and become members of the NAEA (National Association of Estate Agents) and ARLA (Association of Residential Letting Agents). This will enable you to understand and advise competently and accurately on the progression of sales, including the various stages of the legal conyeyancing process, and the letting of a property.

Knowledge of the local area- A familiarity with the immediate vicinity can be a useful advantage. This can help in distinguishing between subtle differences in house values depending on how desirable a location might be.  Often, this local knowledge can be acquired quite rapidly.

Keen interest in the Property Market – Of course, this is fundamental to every aspect of the role. A desire to learn and understand more about property and the factors affecting the market will increase your enjoyment of the role.

For a more in depth discussion on how a career as a property consultant could benefit you, please feel free to contact Gracechurch Property Services, where one of our accredited professionals will be happy to assist you.

Investment Opportunity: 8% Yield in Waltham Abbey EN9

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This terraced property offers a ground floor commercial unit including a basement, along with a large one bedroom duplex flat above. The property is on the market for £304,995 with an average asking price for a Terraced property being £262,108 and the average for Flat at £178,428 in the EN9 postcode.

Ideally located in Market Square, in heart of Waltham Abbey's EN9 historic town centre, the property provides easy access to the M25, Waltham Cross Railway Station (1.0 mile) and local amenities. Market Square EN9 comprises 37 properties including 24 commercial dwellings.

Market Square provides an excellent opportunity for a buy-to-let investor as the property is to be sold with incumbent tenants. The shop premises and duplex flat provide a combined rental income of £25,000 per annum.

Therefore, even if you managed to agree a sale at the full asking price (£304,995) this makes for a gross rental yield of 8% and property prices in EN9 have risen 22.97% on average over the past 5 years.*

If you require any further information on this property, please do not hesitate to contact Gracechurch Property Services on 020 3418 0580 or email info@gracechurch-property.co.uk.

*Please note, the calculations are for guidelines only. The agreed sale and rental figure for the property may be higher or lower. Always consult a financial advisor with help with your mortgage.

Buy To Let Opportunity in Edmonton N9: Two Bed House, Woodlands Rd, Edmonton

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This two bedroom terraced house is on the market for £259,995. Similar style properties have recently been marketed on the same road for £264,995 and £269,995. With an average asking price for 2 bedroom houses in the N9 postcode of £269,109, this 1930’s home comes in below the average.

The property is in need of cosmetic modernisation, but added benefits to note include two good size bedrooms, first floor family bathroom, large through lounge, garden, part double glazed and gas central heating throughout.

Ideally located for Edmonton Green station and shopping centre, with easy access to bus routes on Hertford Road and nearby schools including Eldon Infant School (0.2 miles), Eldon Junior School (0.2 miles), St Edmunds Catholic Primary School (0.3 miles), Enfield Secondary Tuition Centre (0.2 miles), Nightingale Academy (0.2 miles) and Phoenix Academy (0.2 miles).

When looking at a rent potential for the property, this 2 bedroom house should let for circa £1,250 PCM, if not a little more. Gracechurch Property Services manage similar properties within the area.

If you managed to agree a sale of £5,000 below the asking price (£255,000) this makes for a gross rental yield of 5.7% and property prices in N9 rising on average 32.53% over the past 5 years.*

If you require any further information on this property, please do not hesitate to contact Gracechurch Property Services on 020 3418 0580 or email info@gracechurch-property.co.uk.

*Please note, the calculations are for guidelines only. The agreed sale and rental figure for the property may be higher or lower. Always consult a financial advisor with help with your mortgage.

Telephone: 020 3418 0580

Email: info@gracechurch-property.co.uk

Twitter: @GracechurchN18

Facebook: https://www.facebook.com/GracechurchPropertyServices

Our website: www.Gracechurch-Property.co.uk

Director

Gracechurch Property Services

Property Price forecast 2014/15 Edmonton, North London

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Predicting the growth trends in North London house prices is often a very complicated exercise. The determining factors are often hugely affected by macroeconomic policy, for example the current interest rates, in addition to the dynamics of the specific local market, like demand and supply in the area.

A recent poll by The Royal Institute of Chartered Surveyors (RICS) asserts that house prices in North London are just as likely to fall, as they are to rise over the next two years. This simply illustrates the uncertainty surrounding the current housing market in the medium term.


The primary factors likely to facilitate a drop in property prices in the short term in Edmonton N18 and N9 are listed below: -

1. Less purchasers, in particular first time buyers on the market, due to more stringent lending criteria from the banks.
   
2. Significantly higher interest rates possibly forcing more sellers on to the market.
   
3. The addition of potentially thousands of homes in new housing developments e.g. Meridian Water N18

At Gracechurch Property Services N18, we are experiencing a huge amount of buyer demand for every home that we market. Often, a property will be under offer within the first week of marketing and for significantly over the original asking price.

This relentless demand for all kinds of properties, from studio flats to 4 bedroom semi-detached houses in the N18 & N9 postcodes, is being fuelled by a combination of both Buy-to-Let investors and family buyers.

Currently, there is a huge (and growing) buyer demand and a acute shortage of properties coming to the market, which is ultimately driving house prices upwards.

As such, despite the macro economic factors designed to slow upward price pressure on the Edmonton/North London housing market, we anticipate that the fundamental value trend to continue increasing, albeit perhaps at a more cautious rate.

If you want to find out more information about the local property market in Edmonton N18 & N9, and all surrounding areas, please feel free to contact Gracechurch Property Services via any of the following methods:

Telephone: 020 3418 0580
Email: info@gracechurch-property.co.uk
Twitter: @GracechurchN18
Facebook: https://www.facebook.com/GracechurchPropertyServices
Our website: www.Gracechurch-Property.co.uk

Director
Gracechurch Property Services

So you have decided to sell your home…

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So you have decided to sell your home and you are thinking about which Estate Agent to use. Then you contemplate handling the transaction yourself, after all you will save money by doing it this way right?.... I mean, how hard can it be to make a ‘For Sale’ sign and fix it to your front garden wall? You can put a free listing on the private seller website and an advertisement in your local paper then simply wait for potential buyers to contact you. Easy- job done.

However, private adverts can often encourage low and unacceptable offers from buyers as they imply you are desperate to sell and potential buyers feel that they will be able to convince you to accept their bid.

Sometimes a bid may not come at all as no one knows that your home is on the market to even view the property.

However, there are some more serious flaws to the idea of going it alone.

Not only are there the obvious security issues of letting strangers into your home, but if you answer ‘No’ to any of the following questions, then it may be time to reconsider and use a local Estate Agent:

• Will your property gain maximum exposure? 
• Can you show a property to a prospective buyer with the skill of a trained NAEA property professional? 
• Could you handle the sales negotiations impassively? 
• Would you be able to draw on various resources to determine the correct asking price? A failure to interpret the market correctly on an almost daily basis could mean that your house goes stale, severely limiting its saleability and eventual selling price.
• Can you qualify buyers efficiently? 
• Can you manage a chain in a sale?
• Can you facilitate financial services? 
• Can you liaise with solicitors on behalf of both yourself and the buyer? 
• Could you handle a gazundering attempt following a misinterpretation of a survey?

Each of these are common issues that need to be handled by a well-trained and experienced property professional estate agent.

But perhaps the most compelling reason of all to use an estate agent is a simple one.

Over the many years I have been involved in the property market with Gracechurch Property Services, I have found that my prospective buyers tend to purchase a property that is often different to the one which they first enquired. This is because I would work with them to identify their wants and needs in a property.

I do not just simply ask how many bedrooms they are looking for. Or indeed, how much money they can spend. Even though these are important questions when qualifying a purchaser, there are other important details to consider.   What School do they need to be near? Where do they need to go on public transport? What sport do they follow? All this information helps me identify the perfect home for my prospective buyer even if it is not the original property that he or she initially showed interest in.

In other words, the quantity of properties and our coverage in the local area attracts our buyers, we at Gracechurch Property Services then expertly help the buyer to purchase the right property which will hopefully be yours. Then the process begins to make sure the sale goes through smoothly and successfully!

If you want to find out more information about the local property market in Edmonton, N18 & N9, and all surrounding areas, please feel free to contact Gracechurch Property Services via any of the following methods:

Telephone: 020 3418 0580
Email: info@gracechurch-property.co.uk
Twitter: @GracechurchN18
Facebook: https://www.facebook.com/GracechurchPropertyServices
Our website: www.Gracechurch-Property.co.uk

Director

Gracechurch Property Services