If you want to sell your home fast, it’s necessary to put your best foot forward. You have to make certain that everything is done right. Because even if you do learn from your mistakes, it’s far better to avoid them altogether if you don’t want to suffer any huge costs.
Placing your property on the market is a huge financial decision. As much as possible, steer clear of the following blunders to increase the chances of you making a good sale:
1. Doing everything on your own
Selling a property is more than just listing it on a portal and waiting for the right buyer to come.
It’s a complex process, and it may be better for you to leave the work to a professional. While it’s quite tempting to do it alone, a reliable estate professional can ensure that your home is sold at the best possible price in a shorter amount of time.
If you are selling your home in Bolton, a professional agent will give you proper advice, valuation, and other data to make sure that your home is marketed at the right price. Furthermore, you have lesser things to worry about as the agent will also promote your property to the right type of buyers.
Choose the right estate agent
Using the wrong agent is a mistake similar to not using one. Working with the wrong one can be disadvantageous to the success of your sale. While there are many professional agents in the housing market, keep in mind that not all of them are the same.
Choose the right, trustworthy agent for the job who has the knowhow and experience in the area in which your home is located.
2. Overpricing your property
Today’s buyers are well-informed enough to know how much your home is actually worth, thanks in part to the internet. Although the market is strong, overpricing your home could cause it to become “stale” which will make buyers wonder whether it has some hidden defects.
A smart strategy is to peg your home at a realistic price to receive more offers and attract more buyers.
3. Not staging your home
Staging your home can be quite time-consuming, but it’s the most crucial step in the selling process. It can help significantly boost the appeal of your property to allow a potential buyer to imagine it as his or her own.
Staging includes the following activities:
- Thorough cleaning and decluttering
- Rearranging furniture
- Dealing with repairs
- Getting rid of all unnecessary items
Don’t neglect property maintenance
Most buyers won’t want to purchase a property with pre-existing problems.
As soon as you’ve decided to put your home up for sale, make sure to keep up with your property maintenance. If your pipes are leaking or the gutters needs clearing, , you have to get these problems sorted out before you put your property on the market.
Expensive repairs are usually a deal breaker for most buyers, but fixing small problems like a leaking faucet or a broken doorknob can help make a positive impression. Prioritize repairing items that buyers or a home survey will likely see or discover.
The goal here is to make your home as presentable as possible to make it easier for the potential buyer to decide on purchasing your home.
4. Not being flexible
When making a sale, you will be dealing with different types of buyers that have distinct requirements and interests. In reality, not all buyers are also considerate enough to give several days’ notice before viewing. This is why flexibility is important as you have to be open to showing your home to potential buyers at short notice to negotiate on a price.
5. Getting emotionally attached
You may have made many precious memories in your home, but buyers will not be looking at it in the same way. It’s natural to have an emotional connection to your property but potential buyers will be viewing the home itself, for themselves. Don’t allow your personal attachment to your home cloud your judgement, and make sure to stay objective during the selling process.
If your home isn’t easy to “display,” most likely it won’t be easy to sell either.
Avoid the 5 mistakes above to make the home selling process less stressful and easier to handle.
Sally Jones is a Director and Co-Founder of The Purple Property Shop, an award-winning estate agent serving Bolton, Bury and the surrounding areas of North West England. The Purple Property Shop was founded in 2010 and quickly grew to become one of Bolton’s leading estate agents, specialising in residential property sales, property lettings and management.