Get the best price for your house
Wondering how to go about it? Well one of the first steps would be to find yourself a good estate agent, and don’t forget the little things like finishing those DIY jobs so your home looks complete, then potential buyers can imagine living there themselves. It makes sense to make sure your home doesn’t have any peeling paint or lingering bad odours. Traditionally sellers would use a neutral colour scheme when selling a property, as it’s a colour that most people will like, and light colours will give the impression of a bigger, brighter and clean home.
In the property market, the state of your home is more likely to make an impression in the slower market and could even add much more to the final sale price. But in the faster property market, the final sale price and speed of the sale itself tends to be more important than the presentation of your home, although that’s not to say making your home look clean and tidy isn’t still worth doing.
Also remove all clutter from the house. This includes any rubbish or skips filled with junk or things from the garden like unwanted shrubs, as any mess could make potential buyers think that the rest of the house is messy, or even that your not serious about selling.
With estate agents its abit more tricky, as you want to find one who will give you the best deal, do their best for you yet are trustworthy.Did you know that you can haggle with the agent, about the rate they charge? From the sale price achieved, commission rates can differ from 1- 3%. Another useful tip is to know what price similar properties in your area have sold for.
However if the agent your using says he’s found a cash buyer for your property, clarify what they mean exactly. It could someone who is ‘chain free’ but the whole transaction could be held up by a hidden mortgage. It should really mean someone who could buy your property with the cash in the bank.
Do you know how the viewings will be taking place?
Some people may be more comfortable showing potential buyers around their homes themselves, take into account houses shown by agents sell quicker, as shown by statistics. The best option would probably be to work with the agents, with you handling the viewings when the agent is unavailable.
Should you ask about what percentage of the sale fall through? Why would you… right? Well you should, as this will give you an indication of how committed the agent is to seeing the sale of your property right from start to finish. Another sign of a good agent, is if they recognize if potential buyers straight off.
Clear communication is key so you could make preparations beforehand, like testing their customer service to see how efficient their response is. The way they handle your enquiry could be indicative of how they deal with potential buyers. One more thing is set a good selling price, slightly below others on the street should help.
In most situations, only agree to a ‘no sale, no fee’ agreement. As always, it would be wise to get all the details in writing prior to signing.
Offer some incentives to potential buyers. Some big developers may offer to give white goods (fridges, freezers, cookers etc), and even paying part of the mortgage in order to secure a transaction. Some could even get your children into the best school in your area because of the postcode.
Another thing to bear in mind are pets; make sure they are out when your showing potential buyers around your home, you want to demonstrate a place of calm and comfort, to relax and unwind or entertain guests. Even if you are trying to sell a family home, a similar rule applies to children, let them stay with friends or relatives while you show buyers around, as it may be difficult to ask them to behave. Don’t forget you are trying to sell the family home, not show people the family in action.
Filed under: Quicksale
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