How to Sell Your Home Fast in Any Market
- Posted by UK Homebuyers
- On April 12, 2016
- 0 Comments
Getting a quote in any type of market can be difficult, but when the market is declining and supply is larger than demand, finding a buyer for your home becomes even harder.
Generally, you’ll be able to sell your home faster by lowering the price, and there are a number of specialist estate agents now that are able to give you cash for a fast sale – something that a lot of homeowners can understand the benefits of.
No matter the kind of market that you are looking to sell your house in, there are things you can do to find a good buyer for your home quickly and effectively. Whether it’s improving the aesthetics of your home or working with a reliable property company who will provide you with a quick sale, here are a few of the best things you can do and the benefits of working with an established buyer.
Consider adding custom features or designs, such as high-grade windows, a new roof, unusual landscaping designs or even adding an extension onto your home or installing a swimming pool in your back garden if you’ve got the space for it.
Any improvements or changes that you make to your home in order to make it stand out from the neighbouring properties should be practical and also improve the home’s aesthetic value by using colours and designs that are attractive and appealing to the widest audience.
As well as being attractive and practical, they should also complement the home and any other amenities, such as building a patio area adjacent to an outdoor swimming pool or adding a conservatory if your home has a large garden area.
However, it’s important to keep in mind that although improvements can add some appeal and value to your home, over-improving it can have the opposite effect.
Certain renovations such as installing a new kitchen or bathroom may not always pay off, so it’s good to consider when you’re asking yourself what is best in order to sell your house fast whether or not your home really needs these renovations before you begin.
If you have a kitchen or bathroom that is falling apart and was built fifty years ago then putting in a new one is more likely to pay off than if you have a relatively new bathroom or kitchen which simply needs some redecorating and cleaning.
If you are considering investing in some home improvements in order to increase your chances of getting a good sale, it’s vital that you first do your research to discover which improvements are most likely to give you the best return.
Before showing your home to any potential buyers, it’s vital that you remove any clutter and fully tidy up. It’s also recommended that you remove any personal items such as family photos from the home before taking in viewings, as personal items might be nice to look at for you, but potential buyers have no interest in looking at them and are more focused on imagining how their own life would be in your home should they buy it.
In order to make it easier for your potential buyers to visualise themselves living in your property, you should de-clutter completely and take away personal items which could distract them. Remember, they are interested in what your home itself has to offer, and not your wedding photos from ten years ago or pictures of your kids.
Instead, creating an environment where potential buyers can imagine themselves making meals in the kitchen, relaxing in the living room and going to sleep in the master bedroom is much more likely to result in offers to buy.
When decluttering your home, you may find that paying for a professional stager to help you to make the most of the space is a wise investment. Many people feel that hiring a stager can help make a home more attractive to buyers and increase the chances of a fast house sale, however it’s good to keep in mind that this could set you back anything from a few hundred to a few thousand pounds depending on whether or not you hire furniture for your home or other items.
Everyone loves to get a bargain, and home buyers are no different in that they like the idea of getting more for their money.
Offering terms or even items included in the price of your home is one way to sweeten the deal and make a sale more attractive to potential buyers. For example, if you can offer some credit for the buyer towards closing costs, or even offer to pay the cost of closing entirely, you’re likely to get a lot more interest from house hunters who are looking at similar properties.
Alternatively, you could offer furniture and other items with the price of your home. Whether or not this will work will depend on the type of buyers that you are marketing to, but it tends to have a great impact if the majority of people considering buying your property are first-time buyers and don’t have a lot of their own household stuff.
Perhaps you are planning on getting rid of your old television, or even your washing machine and dryer when you
move in order to buy a new one? If this is the case, including these items in your house, the price could make it more attractive to buyers and might be a better option than simply selling them in local classifieds.
Another tip is to offer a transferable home insurance cover as part of the sale, which will cost you a few hundred pounds for a year, but if the home is sold during that period it will transfer over to the new owners. This will appeal to home buyers as it means that their insurance is covered for the first few months to a year since moving in, and will usually also include contents insurance which protects their appliances and even home gadgets.
Potential buyers may well feel more at ease knowing that they are covered against problems with the home or its contents occurring within the first few months, which could make your home seem like a more appealing option than others they have viewed.
Redecorating your home is essential if you are looking to sell it quickly. However, what is more important is that your home is decorated in neutral colours, and becomes a blank canvas for any potential buyers to do what they like with and modify to their own taste.
Although your current decor may be exactly as you like it, different people have different opinions of the kind of decor which really makes a house homely and comfortable. For that reason, creating rooms which are neutral and ready to be transformed into anything that the new buyer wants them to be makes your home more appealing.
Not only that, but neutral décor makes the property look more appealing as new buyers will have less work on their hands when they begin to decorate. The majority of people completely redecorate a home to fit their own ideals and taste when they buy it, which is why there’s no reason to leave your patterned wallpaper or brightly coloured feature walls on display – as chances are, they will only be coming down or painted over once the house is sold.
Stripping all wallpaper, sanding walls and removing carpets gives your buyers a lot less work to do when it comes to redecorating, as all they’ll need to do is slap a few coats of the paint that they’ve chosen on or hang wallpaper.
If they’re going to employ a professional decorator to do the job, having a neutral design will still be appealing to them as the decorating job overall will cost them less money if there are no tricky wallpapers to strip or brightly coloured walls to spend all day trying to cover with a lighter colour.
Neutral décor also ties in with de-cluttering your home, as it’s easier on potential buyers’ imaginations. Having cream-coloured walls and even going as far as to display neutral coloured furniture makes it a lot easier for a potential buyer to visualise how they would decorate the property and what they’d like to do with it to add their own stamp once they’ve bought it and moved in.
So many homeowners focus all their energies into making sure that the interior of their home looks absolutely amazing in order to sell it, yet forget about what their home looks like from the outside.
When selling a home, curb appeal is a hugely important factor as what your home looks like from the curb is the first impression that your potential buyers are going to get when they pull up outside for a viewing.
Although having a fantastic interior can often make up for not having much curb appeal, the last thing that you want is for your buyers to get an average or even bad first impression of your home – especially if there’s a similar property for sale around the corner that has amazing curb appeal and looks fresh and appealing on the inside as well.
In order to improve curb appeal, you should give the outside of your home a makeover. Give the exterior walls a fresh coat of paint if they are painted, or even power wash the bricks to make sure that it’s clean. Remove any moss or other unwanted plants that could be growing on the exterior walls of your home.
If you have wooden window frames, you should check them for any chips or flaking and give them a good clean and a fresh coat of paint as well. Even PVC window frames should be cleaned and it goes without saying that the glass in your windows should be thoroughly cleaned both inside and outside before potential buyers arrive.
If you have a front garden, you should give it some love and attention before displaying your home to potential buyers – especially if you’ve let it get overgrown. An overgrown garden can be massively off-putting to anyone looking to buy a home as there’s often a lot of work involved in getting it to the standard that they want.
Your garden doesn’t have to look like you spend every day working tirelessly in it, but ideally it should be trimmed, well-kept and tidy. Including some easy to care for flowers and shrubs can also improve your curb appeal by adding colour and aesthetic value. Hanging baskets are also a great idea to make your home look more attractive.
There’s no doubt that the aesthetics are important when it comes to fixing your home up to sell it, however it’s also important that you ensure everything is in full working order and up to building standards and regulations. This includes windows, doors, the plumbing and electrical systems, insulation, and any appliances that you are including in the price of the home.
There is more chance of you being in a situation where you can sell property fast if buyers feel that it is the perfect home for them to just move into without having to spend a lot of time or money fixing it up and sorting out various issues.
Sorting out these issues also ties in with making more improvements to your home in order to make it more attractive to potential buyers. For example, if your electrical system or plumbing system is getting on a bit, it could pay off if you spent some money investing in getting these systems fixed up so that they’re in top condition.
Although it’s nice to buy a home that looks nice and is visually appealing, many buyers will be also very concerned about the internal workings and structure of the home as well.
To make sure that your property is in top condition ready for any potential buyers to move in, it’s advisable to make an appointment with a property surveyor to look over your home and alert you to any issues that you may need to rectify.
Since you may have been unaware of some issues that could arise, getting a professional is the best thing to do as it’s highly likely that potential home buyers will bring a surveyor to look at the property if they’re interested in it, and problems arising from an inspection could hinder your plans to sell house fast.
Choosing how to price your home when putting it up for sale is also an integral part of preparing for a quick sale of your property in any market. Regardless of how well you prepare, decorate and stage your home in order for it to be appealing to potential buyers, it is vital that you price it competitively.
An attractive price is just as important as having curb appeal and an aesthetically pleasing interior, if not more.
In order to determine how best to price your home, you should contact a local or Birmingham estate agent and ask for advice.
Estate agencies will be able to send a professional to your property in order to value it after taking everything into account including the appearance and the structural quality of your property. In order to get an idea of how much your home should be listed for sale as you could look at similar properties that are for sale in the area.
It’s important to remember that it is not always the best idea to be the cheapest home on the block, especially if you have made some significant improvements to your home and invested a large sum of money into making it look more appealing to potential buyers.
In fact, having the most cheaply priced home could even serve to put off some buyers, as they might think that in order to be accepting such a low price, there must be something wrong with the internal structure of the property.
It is important that your price is not out of line with other comparable homes that are for sale in the area.
When determining a price, put yourself in the buyer’s shoes and ask yourself what would be considered a competitive but fair price for your home. Asking for extra opinions from family members, friends and neighbours can also help you to get a better idea of how much to ask for when selling your home.
In some cases, you may do all of the above and end up with a home for sale which has been significantly improved, is decorated to a high standard and ready to move into, and has amazing curb appeal – but still isn’t getting any offers.
No matter how much money you invest into improving your home and making it attractive, selling a property is still not as easy as it may sound and it can be quite disheartening if you carry out all of the above strategies mentioned in this article and still can’t generate any interest in your home.
Another scenario that might happen is that a sale may fall through. This is even more frustrating, as you have been able to find somebody who is showing genuine interest in and planning to buy your home, and at the last minute the sale cannot be completed. Home sales falling through are not that uncommon, as there are so many different variables involved in selling a home and so many people who will need to play a part.
However, there is still no reason to give up as there is an alternative offered to those looking to get a quick and hassle free sale.
Specialist cash home buyers have been turned to time and time again by homeowners looking to sell their home but struggling to find a sale elsewhere.
With some homeowners going to these cash buyers straight away and others waiting in order to use them as a last resort, it’s still comforting to know that no matter what your situation, you may still be in with a chance of getting the quick sale that you need.
There are a number of specialist cash buyers in the UK which are set up to complete property buying transactions in as little as seven days.
There are a number of great benefits involved with selling your home to such companies, with the most attractive being the hassle-free and guaranteed nature of the sale. In fact, this is one of the reasons why many homeowners choose to go straight to these specialist home buyers rather than listing their property in the conventional way.
Reputable and upstanding home buying companies will often do all of the work for you at their end, including instructing a conveyancer to act for the vendor, with many companies even paying all of the legal fees included as well.
Thanks to this, selling your home to a specialist cash buyer could result in you spending a lot less money than if you were to go through with a traditional sale. Specialist cash buyers can get you out of a tough situation, especially if you are relying on the sale of your current home in order to go through with a purchase of your dream property.
The bottom line is that selling a home is never easy in any market, however it is certainly not impossible. By ensuring that your home has curb appeal and is attractive both in aesthetics and price to buyers, you’ll increase your chances of selling. If not, specialist cash buying companies are there to help you out.
0 Comments