After showing recent signs of recovery, it seems Britain’s property market is, in the words of Ben Hudson, a member of the Royal Institution of Chartered Surveyors (RICS), “once again on a knife edge.”
It’s very much a buyers market at the moment.” So if you’re selling your house, you cannot just sit back and let your pro estate agent do all the work. To get the best and quickest result, you need to be on top of the situation, take control and micro-manage if you have to. Here are five simple ways to help you sell house quickly.More information this content.
- Keep your agent on a tight leash. Choose an agent who is not only smart, knowledgeable, and experienced, but one who you’re comfortable working with. Make sure he or she pre-qualifies buyers before opening up your house for pointless viewings. Ask your agent to find out what buyers will list their own property for. Make sure also that the agent brings buyers that have loan pre-qualification from a real, credible lender. Many people now get quick pre approvals from online lenders but these may not hold as they are based only on the buyer’s credit score.
- Provide proof for what you’re saying your home is worth. Your asking price needs to be based on prevailing conditions in your local market and the actual worth of your house, so you need to be able to prove to your buyers that your asking price is fair. To this end, arm your agent with all the supporting documentation: receipts for home improvements, new appliances and maintenance, photos of both your house and the neighborhood, recent sales price of homes similar to yours,top rankings for area schools, and even low crime statistics.
- Stage your home. Moving your furniture around, repainting your walls, and mowing your lawn for a picture-perfect exterior may just be for show, but it’s a show that can up the value of your home and help make a quick home sale. Some estate agents stage your home as part of the package, but if not, you may want to consult a stager or hire him or her to do the actual staging. Of course, that is going to cost a few hundred pounds for services alone, so if you think you can do it on your own, here are some tips to follow: Visit stagers’ web sites to pick up ideas. See how they arrange furniture to draw the eye to a room’s focal points by looking at before and after photos. Remove accent lamps from your bedside tables. Place them in shadowy corners instead to brighten and highlight special features. Put something intriguing, like a picture of a celebrity who has passed away or a drawn-back curtain that frames a beautiful view, to pique buyers’ interest and get a conversation going.
- Price it right. You need to be ahead of the market, not in the middle of the pack of a falling market, for example, which is what characterizes the current property market. Try to figure out how fast it’s falling and start there. Mark your price at the current market value or at one percent (or more) below it if you want to be able to sell fast.
- Sell to a cash home buyer. If you’re slashing your asking price anyway, it does not make sense to have to pay an estate agent commission when you can sell to a cash home buyer, does it? Cash home buyers will purchase your property at slightly lower than the market value, but with cash on hand, can complete the sale in a matter of a few days. You can keep the commission for yourself, and you won’t even need to spend for home staging, as they buy houses in any condition. With the economy not looking to improve anytime soon, the name of the game is quick home sale, and there is no quicker, more reliable, and hassle-free way to sell your house than to sell to a cash home buyer.