Selling a home can be stressful, but by following a few easy rules at the start of the process, vendors can save themselves time, money, and heartache.
Here is a five-step plan to help you prepare for putting your home on the market and help streamline the home-selling process.
Manage your Expectations
It’s human nature to place a high value on something to which we have a strong emotional attachment, but you need to step into the shoes of a potential buyer. They will view several properties in the area as part of their search. How will yours stack up? Be realistic with your asking price; over-valuing a home is a sure-fire recipe for a drawn-out sale. We offer detailed market data and comparisons when we value your home.
Research Agents and do not be Led by Price
Someone who promises you the earth they are most likely stringing you along. If they suggest a ridiculously OTT asking price, ask yourself why? Do they possess magical selling powers? (Hint: the answer is no). Or do they want to lure you in with a big promise, tie you into a long contract, and then drop the asking price like a hot potato?
Phone a Friend
Ask a straight-talking friend for a brutally honest appraisal of your home. Don’t be offended if you don’t like what you hear. If they tell you the front room stinks of cats or dogs, it probably does – so do something about it. If they confess that the life-sized portrait of Grandma on the wall creeps them out, take it down. Dress your home to appeal to a range of buyers, not your personal taste.
Declutter
Following on from the previous point, review the furniture and décor in each room and decide what needs to go (if you want to keep it, put it into storage). Remove personal photos and objects and bulky furniture which can make a room look smaller.
General Repairs and Maintenance
Sort out minor DIY issues such as broken door handles or mould in the bathrooms and give tired rooms a fresh lick of paint. Trim shrubs and smarten up the garden. Don’t bother with costly renovations that won’t add value. Remember not to hide major maintenance issues as these could come up on a survey, making a prospective buyer want to re-consider their offer or pull out of the sale completely. Honesty is the best policy.
BONUS TIP
Many people search for their next home before they put their own on the market and wind up losing out. We recommend you put your home on the market first, so you’re pumped and primed to make your next move. Then when you find your dream home, you are in the best scenario and know exactly how much you can offer.
If you would like some financial advice you can contact Nikki or Sophie at Finesse Mortgage Services http://www.finessemortgageservices.co.uk
With the stamp duty holiday ending in March, there isn’t a better time to start thinking about selling. At Butler Residential we can help make that move happen. Contact us today https://butlerresidential.co.uk/contact-us
Thanks for reading and we wish you the best of luck if you are currently selling.
Laura & Barry
Copyright Butler Residential
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