How to Get the best Value when Selling Your Home


How to Get the best Value when Selling Your Home 13/06/17

Homeowners looking to sell their property will always do their utmost to get the best value and the highest possible price they can achieve. However, the real estate market has been experiencing a turbulent period due to unpredictable financial markets, which can of course sometimes make selling your home a bit tricky.

Thankfully, it’s not all bad news for those looking to put their house on the property market as there are ways to get as close to your ideal price as possible, even if you are in a hurry to sell. UK Property Buying company Good Move have put together these tips on how you can get the best value for your home in today’s turbulent economy.

Price it Competitively

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When the time comes to sell your home, many owners will no doubt undertake research to find out the going prices of similar homes in the neighbourhood. Armed with that information you will be able to have a clearer picture of how much to ask for when you put your home on the market. A good method to improve the chances of selling your property at a price you are happy with is by naming a competitive asking price.

This may of course to some will be obvious, but you would be surprised by how many homeowners will still stubbornly overprice their homes. Although undercutting yourself on price may seem counterproductive, many property experts will agree that asking too much actually narrows the amount of interest in your property.

Lowering your asking price helps to maximise interest in your property and in most cases can easily trigger a bidding war among the interested parties, pushing the price up closer to what you wanted for it in the first place.

Sell your Home through a Real Estate Company

Although it may be tempting to try and sell your home privately to avoid costly estate agent fees you may have to pay, there is also no substitute for experience.

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Selling your home through a real estate company means you can harness a wider network of potential buyers and you get experienced professionals to help you negotiate the pitfalls associated with selling property.  Not only that, various studies have shown that selling your home through a real estate professional gives the transaction more respectability and earns the trust of buyers more than doing so privately.

Make sure your Home Stands out

Even in a healthy property market there are often a number of homes up for sale in the same area and it’s up to each individual seller to differentiate theirs from the rest. To speed up a sale it is therefore a good idea to make sure it stands out from the crowd through the realistic pricing and through, its appearance. This means smartening the property up by giving it a new lick of paint if required, fixing the décor and repairing any minor damage that can be used to bring you down on price.

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One thing to remember is that what you think is tasteful may not be to the taste of a prospective buyer, so try and keep it clutter free and neutral coloured. This also has the added effect of making small spaces look bigger, perfect if your property is on the small side.

Once the property is in immaculate condition and your viewers’ can easily see themselves living in it, you will be well on your way to achieving the price you want for it.

Conclusion

While it can be a daunting, frustrating and sometimes expensive process, finally selling your home makes it all worthwhile.

Naming an attractive asking price, getting professional help when selling, and ensuring the property itself is as attractive to as many buyers as possible are the greatest weapons in a home owners arsenal. Use these tips to your advantage. Good Luck!