subject: Tips For Getting A Quick Sale On Your House [print this page] Tips For Getting A Quick Sale On Your House
At this moment in time the housing market is certainly favoring buyers instead of sellers. Reduced demand in the market has meant a reduction in the number of house sales and, although there has not been an increase in the number of property price reductions, there has been a decrease in the number of house price increases. As it is currently a buyers market, that means that sellers have to put a lot more effort in to sell their property; though this doesn't mean just reducing the asking price. The housing market is, quite obviously, not the same as the new car market. What is meant by that is that reducing the price of your product, in this case your property, is not the only thing you can do to attract interest. It may help to reduce your asking price slightly, but there are other ways to approach marketing your house that are invariably more effective. The tips below should help you sell your property quicker.
Just as if you were selling your vehicle, you would clean it inside and out and remove all of your bits and pieces that have built up over the course of its use; you must do the same with your house. Not only do you need to tidy the house, but you need to have a real spring clean; wash all the carpets, paint all rooms including coving and skirting boards, sort out the garden, cut the grass and plant a few flowers. What your aim here is to create a blank canvas for the potential buyers so that they are able to view the property as a likely living area for them, and that they can see ways to personalize the area to their own liking. Another important part of the process is choosing the right estate agent. Your agent must be knowledgeable, experienced, have a professional manner and, almost as important as those traits, he or she should be likable. If you hired an agent that you didn't get on with then you would be apprehensive as to contacting them, which is the last thing you want to be when you are trying to sell your house. You need to have a relatively close relationship with your agent as you need to be in complete understanding of all events during the course of your property sale.
You must also consider, not only correct pricing, but also proof of pricing. If you want a quick sale, then you don't necessarily have to lower the price of your property, but you do need to price it competitively. This means that if the market is falling, try to pre-empt this and price it accordingly; if you want to lower your price, research the market value and price it at a maximum of 1-2% under that. To prove your pricing to the potential buyers, you need to educate the agent as to the improvements and maintenance you have made on the property, your proof of research of the market value including the pricing of homes in the near vicinity, and the rankings of local schools and other public services in the community.
