Real Estate

Essential Guide To Selling Your Home

Investing In Real Estate

Whether you need to move closer to work, or you’re just looking to downsize, selling you house can be just as much hassle as buying one. The process can be exhausting, especially if you’re also looking for a new house to buy at the same time, but here are a few guidelines that might make the transition run a bit smoother.

Choose the right estate agency

Just like you need a good assistant when taking on a big project at work, a good realtor can minimize your workload and give you the best results. Also, they have more experience in this task so their advice will be invaluable. You’ll want an agent with proven and up-to-date marketing techniques, who can pull in maximum viewings, yet still remain good value for money.  Look online and research various agents in your local area by asking for recommendations.

Decide on an asking price

Do some research on other properties in your area and sit down with your agent to work out what would be an acceptable asking price. If you’ve done any renovations since you moved in these will add value to the property. The price your home fetches can depend on the area, the pocket of that area, the street and, in some cases, even which end or side of the street the home is on. Taking an average of three estate agents’ valuations is also a good idea rather than settling for the lowest.

Increase the appeal of your property

First impressions are everything, and a house that looks good in the pictures is more likely to get a lot of interest. Tidy up, get rid of excess clutter, and repair any problem areas. In addition to making it look nice, you will find that you won’t be able to sell your home any obvious problems with the property. Your realtor will recommend you get rid of any family photographs when you ‘stage’ the house for viewings so they potential buyers can picture themselves living in the house. Don’t go too overboard with the staging decor – chances are it won’t be to the buyer’s taste and it will go once they move in.

While the viewings are going on, stay out of the way and let the prospective buyers wander around. However, you should make yourself available at the end to answer any questions they might have. Don’t be irritated if they ask too many questions about the neighbors and the condition of the house; it’s a good sign.

Choose the best buyer

Obviously you want to take the buyer that comes closest to your asking price, but there are a number of factors you should consider before accepting any offers. Cash buyers who do not need a mortgage, and those who have already sold their home and are in rented accommodation are probably safer buyers. Bear this in mind, but you should also make a quick decision depending on how many offers you get and how quickly you want to move.