Do you want to quickly sell your home? Selling a house, especially in January, could be more difficult than buying one. This is especially considering the different restrictions placed in different parts of the UK by the government to curb the COVID-19 outbreak. There is a plethora of factors to work out before selling your home such as financial options, mode of marketing among others.Â
Choose the right agent
Selling a home can be stressful and therefore you will need an agent who will maximize results. Your agent will have a huge impact on how fast you sell your home and the price you get. For instance, if your agent has sold homes in your neighborhood in the recent past, they may be knowing a buyer or two. As a result, your property will sell faster. An important factor to consider here is the deal price. You need to do a comparison of agent prices and agree on the notice and tie-in periods as well. There is an option of using multiple agents to sell your house quickly, but it comes at a cost. This is because you will pay all the agents involved irrespective of who sold the home.
Make sure your home is at its best
First impression is the main factor. Key to attracting potential customers is sprucing up your home to make sure it is clean and tidy for viewings and valuations. This gives potential clients a platform to think of how best they would use the space. Repair any broken fences, ensure windows are spotless, pull out weeds, and mow the lawn.
Huge renovations are costly. However, you can give the interior a fresh coat and mend the doors and broken handles at a considerably lower cost. In addition, you can seek the services of a land surveyor to get a grasp of the aspects in your home that could put off potential customers and the likely cost of repairing them.
Ensuring that your home is in its best form before viewing will assist you to determine whether to pay for the repairs from your pocket or factor the costs in the asking price. Also, you will be in a position to obtain the maximum possible price.
Have your home valued
The asking price is very crucial because it can either attract or scare away customers. Setting the price tag at a very high point might put off potential buyers and may result in your home not appearing in portal results when buyers put price caps on searches. On the other end, if you set a low asking price, you may end up getting way less than you’d have got.
Therefore, it is important to conduct a thorough research to know the real valuation of your house. This is done by inviting local estate agents and looking at recent market activity.
Set realistic asking prices
When it comes to house prices, there are very contrasting reports of house falling or rising. It is difficult to know the exact valuation of your property because different institutions use different house price indices to value property. Some use mortgage valuations, asking prices, or the cost of the house when it was last sold. Do not stick only to prices on newspapers when setting up your asking price. There are other factors such as the area and the pocket of that area.
Select the best mode of selling your home
There is no preset mode of selling your property. It depends on the seller and circumstances. For instance, you can decide to do all the work and bypass the agent if you’re okay and do not need anyone holding your hand. However, if you’re time-poor and can’t really walk potential buyers around, then you can deal with an estate agent, although this comes at a fee.
Summary
Typically, January is not a busy time for the estate industry. In addition, COVID-19 has further affected buying and selling of homes. However, if you plan everything and follow the tips mentioned above, selling your property should not be a problem. The most important thing to consider is selecting your agent. They are the major players in property selling and they can either quickly sell your home or you could find yourself stuck with them for months.
