There Are A Number Of Factors To Consider…
Really understanding how the UK residential property market works is no simple task.
There is so much inane (and inaccurate) information out there that it’s tough to separate the wheat from the chaff.
Hopefully, our house selling expertise can help you make the best possible decisions with regard to your house sale.
If you do not have time to sell on the open market that can we suggest that you skip this article and head straight on over to the mother of all house selling advice resources and learn the right way to sell your house fast for cash.
Property Markets Are Complex
No market is, of course; you need to offer a product that is tempting for potential buyers, or at least find a way to make it seem convincingly good, and you have to find a niche and promote what you’re selling so reach (and appeal to) the largest target market possible.
That is how you attract multiple offers and THAT is how you spark a competitive bidding war – that has to be a good thing!!
If you need to sell your house fast, factors that affect most sorts of sales are present and influence the market price and the speed of sales, and then, there are some other factors that are exclusive of the property market.
You have to know how it works in order to make the right choices to promote and sell your property.
Of course, most house sellers miss these simple foundational facts: it requires expert knowledge and years of experience in the property market to know how it behaves in different areas and economical contexts.
You need to have been there for a while, seeing prices rise and fall, houses be bought and sold, once and again, until you develop an intuition that will guide you into making the right choices for your own home sale.
People who do this are estate agents.
These are experts in knowing how, when and where to sell properties, and you can go to them in the hopes to get some accurate advice as well as a good deal with a potential buyer.
Of course, this is what most people do. Selling through an estate agency is the most common way to find people who will purchase your property.
If you find a good estate agent, he or she will know exactly how to promote your house, how to market it, which price should be displayed, and how to show it to people in a way that will convince them that they should buy it no matter what.
And yet, even with the help of estate agents, not all properties sell in a snap of a finger.
Don’t take this the wrong way but houses are expensive things…
People will think twice before purchasing such a large thing, something that will become the bedrock and cornerstone of who they are and what they stand for.
However, even so, in some cases your property could be sitting around for months, even years, without selling.
Why would that happen?
It’s Not The Market – It’s The Asking Price!
Buying isn’t just about seeing something as good, but about believing in the illusion that it is good.
How a home is presented to the potential purchaser has a huge impact on their decision to buy.
If you haven’t presented your house properly, it will not look appealing to a buyer, and so it is much less likely to sell.
How To Present Your Home For Sale
Consider about making some renovations and giving your home a facelift.
Put flowers in the garden, paint the walls and doors, clean and tidy up, and stage every room so it looks just as the design magazines that you purchase at the store.
If something is broken, fix it; if something is old, change it or renovate it.
Making an investment to bring the life back to your house will always pay off.
You can even hire a professional home stager to help you tune your house.
Some gardening and deep cleaning could also be good choices.
When you are showing the house, remove pets and very personal objects – like pictures or religious images – from sight.
Your house should look clean, appealing an impersonal.
What’s The Best Time Of Year To Sell Your House?
Perhaps you have never thought about estate being a seasonal market, but the truth is that, it is indeed a very seasonal market.
Spring is when sales peak, when winter is the slowest part of the year, with the holiday season hitting rock bottom.
You have to ask yourself when is the best time to sell a house; if your property doesn’t receive much interest but you have listed it in June, perhaps you will have to wait until September or October to see some potential buyers.
Remember that this seasonal aspect of the estate market is more evident in geographical areas where the seasons play a big part in the lives of people.
Here’s a good example, in the Northern areas of the UK, winter can be very snowy and cold, and few people are willing to go around shopping for houses in that climate.
Also, Christmas can be slow, because very few people want to add the hassle of purchasing, getting finance and moving to the already busy and hectic holiday season.
Also, the spring is a good time to sell a property because families are willing to purchase quite quickly before their kids start their schools.