03 Dec Accurate Valuations Sell Your Home
It is fair to say selling your home can be difficult. Even if you have adequately presented your house, and you have called upon a reputable local estate agent, the competitive nature of the market can still pose you a few problems. There is no magic solution to selling your home, but it is vital to note accurate valuations sell your home.
If you go to market with a value that is too low, you will likely see people holding an interest in the home. You may even see a lot of offers coming in. If all you care about is selling your home, this may be something to consider.
However, these offers won’t represent value for you, and it may hamper what you hope to achieve when you move from your home. If you need to bring in a set amount of money so you can purchase your next home, placing too low a value on your current home could be a disastrous move.
Too high valuations scare buyers off
Of course, if you go to market with a value that is too high, you may struggle to generate any interest in the property. The modern buyer is savvy, and they research local property prices. If your home is priced notably higher than the average home in your area, and you cannot justify why you have a higher price, buyers will look elsewhere.
While some agents encourage you to start with a high price and then lower the value if there is no interest, this isn’t always a great idea. In some cases, buyers will see the lowering of the price, and this will lead them to be suspicious about the standard of the property. This approach can cause more problems than benefits, so you must place an accurate valuation on your property when you go to sell your home.
A local agent will accurately value your home
The best way to arrange for an accurate valuations to be placed on your home is to call on the services of a local agent. This is because the value of your home is about more than the size or condition of your property. Yes, the number of bedrooms and bathrooms in your house influence what buyers are willing to pay, but many external factors influence the price of the property in your area.
Aspects such as the supply and demand of homes in your area shape property prices. If there is little or no supply, buyers will pay more. If there are more homes on the market than willing buyers, the value of the property falls. Also, factors such as local schools, transport hubs and amenities influence property values, which is why it is best to call on a local agent to carry out the valuation process.
At Anthony Jones Properties, we are pleased to say we know the local property market, and we are here to assist you to sell your home. If you would like to arrange a property valuation, please contact us today. Whatever help you need in selling your home, we are the Darlington and County Durham estate agents you can trust.