24 Aug Things You need to know before putting their home on the market
This time of year is always busy with appraisals and advice for people seeking to put their house on the market.
There are some common themes that we hear all the time so we wanted to put together a quick guide to some of the most important ones. Here is our list of the things that sellers should consider before they put their house on the market.
Prices in the area
As much as you might have a value in mind for your property it’s important to consider that, in reality, the demand will determine the price that you are able to attract. By searching online you will be able to see how much houses in your street and wider area have sold for in recent weeks and months. Keep a close eye on this before you sell, it’ll give you a good idea of what to expect.
As well as the prices in the area, make sure you’re aware of what’s around you. Remember, its about the lifestyle that your property facilitates so buyers are attracted to an area as well as a property. As well as your house, sell the area if you can – tell buyers about the shops, schools, pubs and transport links.
As well as the prices in the area, make sure you’re aware of what’s around you. Remember, buyers are attracted to an area as well as a property. As well as your house, sell the area if you can – tell buyers about the shops, schools, pubs and transport links.
98% of house buyers start their process online. You need to give this customer everything they need – pictures (of every room), videos, plans – to keep up with other vendors selling their house in the same area.
Before you go on the market you need to know how your house will be perceived. Try inviting friends and family members around and get them to help you pinpoint the weakness of your property. Sometimes a quick lick of neutral paint in the back bedroom can make a difference, for example, and fixing that leaking tap or creaking door can stop a bad impression from forming. Encourage people to be honest about your home. Buyers will, after all, not hold back. You need to be prepared for your home to be judged and you can’t afford to let it get to you.
It’s not all about estate agents
Some people may just think there’s only one way to go about selling a home, but that’s absolutely not the case. Using an online agency can sidestep some of the fees involved with the sale of a property in an estate agent on the high street. However, with online estate agents, you normally pay your fees in advance and can end up doing most of the work yourself. Remember, once they’ve been paid there is not much incentive to get you the best price. In some cases, properties can be on the market for years without selling.
You need to know where all the paperwork for your house is and have it to hand. Don’t wait and be left scrambling about trying to find an important document at the last minute. Anything that holds up a possible sale could prove very costly.
Ready to go
As well as being ready for your next move, you also need to be ready for the all-important viewings. That means you need to have the house clean and be available to let people in. Yes, you might still be living there but you cannot afford to let your standards slip. You will need to be in the selling mindset.
Where are you heading next? Do you have a property lined up already? Don’t put your home on the market without considering this or you might suddenly get an offer before you’re ready. Have a firm plan in place and make sure you’re comfortable. However, don’t make any offers on your new house, until you’re ‘under offer’ with your existing one.