20 Jan

2012 ...MOVING FORWARD!

The uncertainty in the housing market continues into yet another year, so what can sellers do to make their homes more attractive for the buyers who are out there?:

With ongoing competition for buyers it is important that sellers consider how best to market their property and the steps to take to achieve a sale.

• Use a local professional independent estate agent to advise you on the marketability of your property. They should be able to tell you the likely demand, what price you might expect to achieve and the length of time it may take to sell.
• It is worth thinking about who may want to buy your home, such as a family or a professional couple, and gear your sale to that.
• It is obvious that a clean, well-presented home is preferred by most buyers, so take the time to do a spot of spring cleaning and DIY if necessary, but do not spend more money on this than you anticipate gaining.
• A lick of paint would not go amiss, particularly on front doors (first impressions!) and the most popular rooms in the house. Choose neutral colours and always try to appeal to the more conservative buyer.
• Declutter and depersonalise your home as much as possible. Clutter can make a room look smaller and disorganized. Remove any objects that a potential buyer may not be able to identify with.
• Viewings should be geared to highlighting the positive aspects of the property and how it may appeal to the needs or aspirations of the buyer.
• If you have pets or children, consider asking a neighbour or relative to take charge of them whilst the viewing takes place. Remember that this is probably the biggest purchase the buyer is likely to make and being distracted when viewing could impact on your sale.
• Decide which order to conduct the viewing, leaving the best room until last. Concentrate on what you think the buyer will be most interested in and do not provide too much in-depth information or irrelevant detail.
• Once you receive an offer, you will need to consider the price and the buyer’s personal circumstances. Your estate agent should be able to advise you at this time.
• Having agreed a sale, you will need to involve a solicitor to act for you in the conveyancing procedure. Your agent will be able to recommend a local, competent and trusted solicitor who is familiar with the area should you require this.
• Until exchange of contracts your agent and solicitor will keep in close contact with you, advising you of any developments as soon as possible, particularly where there is a chain involved.