‘Seller’s market’ prevails – but service still counts


Posted on January 1st, by editor in Caring Times. No Comments

As we start the New Year, we do so knowing that for the time being a “sellers market” still prevails. Having experienced a variance of markets over the past two decades, today’s situation has got to be just about as good as it gets. Currently, we are fortunate in being able to quickly find willing buyers, as care homes with their generally good occupancy levels offer financial security to both buyer and lender alike. Consequently, it is no surprise that many people are also coming back to us again and again to acquire additional homes. Unfortunately, there is little stock available for them in the current market, as quality businesses go under offer quickly. Only those homes which have lack of appeal due to poor location, operating problems, or price, will sit on the market for a long period. With so many people looking to buy, we must not be fooled into becoming complacent, and it is as important as ever that we adhere to a strict vetting procedure to eliminate time wasters, before introducing buyer to selle





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