Seeing as I have just moved this *article seems very appropriate! Although we are renting our property out it's always handy to be informed if you want to sell up.
The 10 things you need to know when selling your house
Whether you’ve sold your home ten times or will be doing so for the first time, there are things that you need to know before listing your home for sale. Many sellers think the process is very easy and doesn’t take any preparation, but that is clearly not true in most cases, and the reality is that selling any property can be an inconvenience and lead to increased levels of anxiety and worry over the big things whilst forgetting some of the more finite details.
Before starting the process, here are the top ten things to know before selling your home.
Gather all relevant information and documents
Having information on the major mechanics of the home – boiler, oven and heating systems for example - is extremely helpful. Having any warranties that are still valid, appliance instruction manuals and the dates of any improvement projects to hand will help smooth the process.
Choosing when to sell is different for everyone
Every property market is different, and so too is any prospective vendor. If you have no immediate rush to sell, do some research and discover when would be the most opportune moment to do so and remember that in most cases the spring months will yield the highest price. Sell whenever it’s most convenient for your individual situation, but a good estate agent would be able to give you both the positives and negatives of each time frame.
Doing a pre-listing inspection is vital
Before putting your home on the market, it is imperative to look over your home methodically and thoroughly. Address any issues you note, particularly minor ones such as poor paintwork or scratch handles on doors or cupboards. It may also be worth getting a professional to take a look at the chimney and plumbing, as the printed results would also impress any perspective buyer.
Hiring a great estate agent is key
Often the most overlooked step when selling a home is the importance of hiring a good estate agent. When selling a home, you should have high expectations of the company you hire to do so on your behalf, and selling your house online has never been easier than in today's internet age. Cutting out the nosy estate agent may be just one option in this. Companies such as Jet Homes offer an affordable listing service where you get to place your house on the market by filling in a few simple questions and then pressing, GO!
Prepare your home for sale
The first impression is crucial when selling a home and not preparing your home for sale can often lead to reducing your chance of a sale and can cost you money on the final price you may be able to agree. Take the time and effort to prepare your home inside and out. Have a weekly cleaning rota and touch up any paint work on the landings and stairs as this is what potential buyers will most visibly notice.
Set the correct price
The most important factor to selling a property is undoubtedly the price. Going too high from the outset can end up costing you money further down the line, and the original price will play a major role in the marketing of your home. Buyers have never been more educated and sites such as Zoopla help give you a great idea of how to price your house for the market. Remember, an overpriced home will be disregarded almost immediately.
Staging your home helps
Properties that are staged can lead to a quicker sale, with simple things like removing clutter and personal items going a long way to helping prospective buyers imagine making your house their home. An experienced estate agent should be able to suggest many staging tips that will help your home show better and subsequently sell it faster.
Prepare your home for showings
When selling your home, you need to make it as appealing as possible for anyone who calls to take a look. Look to eliminate pet odours and take care over how your property looks from the outside, because it’s possible that a home that is well prepared will sell before an unprepared home just because the image that it portrays is far better.
Evaluate whether an open house is worth it
Some real estate agents will insist that open houses are worth it, but the decision is ultimately yours. It comes with major drawbacks, but the agent you instruct should provide the pros and cons, then help you decide whether or not it is suitable for your individual circumstances.
Consider every decision carefully
The above factors all matter, but the added stress they cause can be greatly reduced if the proper preparation is taken before selling your home. Understanding the importance of them can make the difference of your home selling experience being enjoyable or not. Make a list of what is important to you and how much you want to go about selling your property when you’re considering your decision carefully.