Since the housing market in the UK is improving, many people who were renting homes are now searching for better options to buy. Yes, this is especially true of the London area, where the prices seem to enjoy something of a “mini boom.”
Whether this is set to improve or stay is a matter unknown, but in the meantime, if you have made up your mind that this is the right time to sell your property, then you should consult your estate agents in Camberwell and take these few considerations into account.
Think of this for a moment, if you were waiting to get a quote from a builder for the repair of a roof leak you found in your home, would you accept the first one, even if they offer an outrageously high price? Definitely not, grabbing the best deal is important from the point of view of a seller as well. Likewise, it is recommended that you ask a minimum of three estate agents including some experts like Fish Need Water to value your property and be wary of taking the highest valuation.
Take your time and look at what the agents have already listed in your area, as well as what they recently sold in your area to help support your valuation. It is important for you to ensure that you recognize the fact that the prices of houses largely depend on the locality, so do not look at average UK prices because this would not help to give you an accurate indication.
You can have a look at some other homes for sale in your area and how this compares to the past six months. This helps when your agents show you the listing they had in the last year subsequently sold and ask about the final selling price. Definitely, this is bound to differ from the listing price and should be more a more accurate representation.
Target Market and the Timing
In order to sell your property painlessly and quickly, you also need to consider your target audience. Who in your opinion do you think might consider buying your property? Accordingly, you should tailor your space and appeal to the main group, of course without alienating other prospective groups who might also be interested. Hence, if you feel that a family would be ideal then you can adjust the bedrooms or make more room for workstations for working couples.
De-Personalise and De-Clutter
When prospective buyers visit your property, they need to imagine themselves living in your home, so make sure that you de-clutter and get rid of photos, posters, and ornaments. You have to put things that you do not really use on a daily basis in storage. Place large pieces of furniture into storage to make the room appear much bigger. In the hallway, clear away coats, and hide all products in the bathroom, keep the kitchen area clean and surfaces clear of jars, tins, appliances, etc. Be sure to replace ragged tea towels as well as smelly bins.
Do Your Homework
Before you sell your house, it is best that you also take a look at buyers in your area or the buy to let purchasers in your area. Have a better idea of the property market and see whether you have a better chance success. Also, keep in mind that property investors in your area will be looking to pay as little as possible, and follow as many channels as they can to haggle you down, whereas a family would fall in love with your property and be more than willing to pay more for your property.
You should also ask your estate agent about the absorption rate too, this means how long does it take similar properties to sell in the area. Consider other factors including:
- The date of the sale
- Type of home (flat, terraced, semi, detached etc.)
- Type of sale
- Square footage
- Location and the nearby amenities such as shops, schools, and so on.
Considering these could also help you to make the right decision on which estate agent is giving you the most suitable valuation. Keep in mind that when the weather is usually good in the UK, the house sales ten to become a little stagnate.
Before you sell your house, know that it takes a long period to finally get the best deal. However, a higher percentage goes to how well you are able to present your house through the quality of the pictures you take for the listing of your property.
It is also advisable that you carry out internal and external repairs such as the painting of the outer walls before putting it up on the property market. Consider these few tips and rest assured that you will be able to set the right price for your home.