HOME-SELLING TIPS
- Target Your Buyer and Time It Right:
- Identify your ideal buyer and tailor your property to appeal to them, while still attracting a broader audience.
- Aim to sell during peak seasons (when it’s cold in North America) for optimal pricing.
- Declutter and Depersonalize:
- Remove personal items and excess clutter to allow buyers to envision themselves in the space.
- Maximize room size by storing unnecessary furniture.
- Pay close attention to decluttering the hallway, bathroom, and kitchen.
- Enhance with Fresh Touches:
- Improve the property’s appearance with fresh paint, new tiling or flooring, and updated kitchen cabinets.
- Address minor issues like regrouting, new fittings, and lighting to create a polished look.
- Add small touches like fresh flowers and ironed linens.
- Ensure Impeccable Cleanliness:
- Consider professional cleaning to achieve a spotless home.
- Focus on making the kitchen and bathrooms inviting and hygienic.
- Organize wardrobes to showcase storage space.
- Treat the garden as an outdoor room, making it appealing.
- Select Qualified Professionals:
- Obtain valuations from multiple estate agents, but choose based on fit and service, not just the highest valuation.
- Negotiate a flexible contract with your chosen agent.
- Instruct a solicitor early to expedite the conveyancing process and gather necessary paperwork.
- Understand All Costs:
- Aim for a sole-agency agreement initially to minimize estate agent fees.
- Negotiate agent fees and get them in writing.
- Request a comprehensive breakdown of all selling costs from your solicitor.
- Determine any mortgage redemption penalties.
- Establish a Realistic Price:
- Obtain multiple property valuations.
- Utilize property reports to inform your pricing strategy.
- Collaborate with your agent to set a competitive price based on market data.
- Maximize Exposure:
- Place a “For Sale” sign and leverage word-of-mouth by informing neighbors.
- Prepare for Effective Viewings:
- Ensure a clean and welcoming exterior and entrance.
- Remove pets during showings, and clean up any pet hair.
- Create a comfortable atmosphere with lighting and heating.
- Aerate the house, and avoid strong cooking smells or smoking.
- Leave parking spaces open for viewers.
- Conduct Professional Showings:
- Ideally, allow the agent to conduct viewings.
- If showing yourself, plan a logical tour and highlight key features.
- Avoid oversharing details or mentioning negatives.
- Encourage viewers to explore the property independently while remaining available for questions.
- Choose the Best Offer:
- Prioritize buyer reliability over the highest offer.
- Assess buyers’ financial stability and transaction status.
- Consider the complexity of the buyer’s situation (e.g., first-time buyer, chain involvement).
- Buyers using professional home search consultants are usually very good.
- Negotiate and Accept Offers:
- Ensure the agent provides comprehensive buyer information.
- Respond to offers in writing.
- Be prepared to compromise on price and negotiate on included items.
- Use items you do not wish to keep as bargaining tools.
- Maintain Deal Momentum:
- Stay in regular contact with your solicitor and agent to monitor progress.
- Address potential issues promptly to prevent deal breakdowns or price reductions.
- Keep aware of the buyers motivation level.