Selling your home can be a grueling and time consuming task, and the last thing that you want when you have decided to sell your home is to get a raw deal on the price or have it stagnate on the market because nobody is willing to make the purchase. Many people that decide to sell up make some common mistakes that can really hamper the chances of selling your property – or at least selling at the right price. Below you will find some valuable tips that could help you to sell your home more effectively or more quickly.
1. Make sure you know the value of your home: Although estate agents may be a basic necessity to sell your home, they are – like any other business – in it for the money. Make sure that you do not rely on one agent’s opinion of how much your home might be worth, as this may be an opinion based on getting the property to sell quickly. Instead, research the market, see how much similar properties in the same sort of area are worth, and get a number of valuations from different estate agents.
2. Don’t spend money on decorating: It is important to remember that different people have different tastes, and your idea of a great wallpaper or carpet may not be someone else’s. Therefore, avoid thinking that decorating your home is going to prove to be the selling point for your property, as this is not the case. By all means clean your property before someone comes to view, as this can definitely help, but don’t go to the effort of planting your own decorative mark, as this may be a waste of money and could even put some people off putting an offer in.
3. Do not put your home on the market for too high a price: As most people now know house prices have fallen for several months in a row. Do not be tempted to put your home on the market for more than it is worth, as otherwise you could find that whilst similar properties sell yours stagnates on the market whilst property prices continue to fall further as time goes on.
4. Make sure you know what you are paying out: Selling your home can be costly in terms of what you pay to your estate agent, and the last thing you want when you are moving is a sharp financial shock when you receive your estate agent’s bill. Make sure you know exactly how much you are going to be paying, including costs such has the Home Information Pack and the standard estate agency fee.
5. Get feedback. Most people have a number of potential buyers view the property before they buy, and you should use this to your advantage. If someone views and refuses the property make sure you contact the agent and find out why, as you may be able to rectify certain issues so that the next person viewing is not put off by the same issue.