Frequently Asked Questions
Why are Hamptons offering an Exchange
scheme?
The market is relatively stagnant at present. We want to use every opportunity to
create extra demand from sellers who may be waiting for interest in their own properties
before looking for their next home.
In addition, many would-be sellers have assumed that now is the wrong time to sell
even though we may have a buyer in waiting. By encouraging motivated sellers to
let us know what they might be looking to buy we can establish if we have another
seller who may swap properties or help form a chain. Either way, we make the move
happen.
Will I need to drop the price of my
property to move the chain?
Not necessarily. If your property is realistically priced (your Hamptons agent will
offer advice on pricing) there should be no need to drop the price further. However,
if your property is not realistically priced agreeing to take part in Hamptons Exchange
is not likely to generate any more interest.