When it comes to trying to sell your property, it can be an incredibly complex and lengthy process. Due to the legalities and complexities that need to be undertaken, several frustrations can occur.
Consequently, you’ll want to extract as much value as possible from the sale to make the process seem worthwhile.
Getting The Most Value
Unfortunately, due to various circumstances, this isn’t always possible. The market can turn and even crash, causing property prices to fall and lead to a potential loss. Therefore, sellers must look to do as much as they can to maximize their property’s worth and get the best possible offers when selling.
Here are six of the best tips available to potential sellers:
Tip #1: Find The Right Sales Vendor
Sam from the quick property sale website LetsMoveFast.co.uk says the number #1 tip to get more for your house is to make sure to use the right sales vendor when it comes to selling your property.
She notes that using different methods can come at a cost to the seller, which will ultimately eat into the price that has been received for a sale. The fast property specialists highlight that they can sell a property within two weeks at no additional fees to the seller as one of their benefits. When compared to an estate agent, according to gov.uk, it can take up to five months on average and cost upwards of £10,000.
As a seller, you must evaluate what is more important to you, whether a quick sale or getting the most value. Not all options will be the best, so it’s always advantageous to find the right type of seller from the beginning.
Tip #2: Setting The Right Price
It’s important to set the property at the right price. Using the right sales vendor can help achieve this, as they will have a good idea of the market value.
Listing it amongst the highest properties may be counterproductive. At the same time, listing it at the lowest price may be undervaluing the property. An expert can help you to price it competitively and get as much money as possible.
Tip #3: Kerb Appeal
How does the property look from the outside? It makes a world of difference when it comes to obtaining maximum value for it.
First impressions are everything when it comes to finding potential buyers. They want to be happy that they are spending the right amount of money for it, and the outside will be the very first thing that they see when viewing the property physically. Ensure it looks visually appealing by ensuring the garden is spectacular, and other outdoor aspects are perfect.
Tip #4: Declutter
Simultaneously, make sure the inside of the property is decluttered and mess-free. It needs to look welcoming and provide ample space. If it is cluttered, it can be off-putting and create an illusion about how spacious a room might be.
At the same time, ensure it’s clean and presented well. Take care of any noticeable issues that are quick fixes or inexpensive. If they aren’t addressed, buyers may consider them problematic and want to drive the price down.
Tip #5: Stage The Property
No one needs to know how exactly the rooms are being used currently, but they need to know how they can be in an ideal world. Staging can be an excellent way to achieve this, with some estimates suggesting that investing in this process can maximize returns (and sales time).
By giving buyers an opportunity to see how the property can look, they can be swayed into paying a premium price. They may fall in love with it, which will make them desperate to beat any other offers that may come your way for the property. In addition, by highlighting areas where investment has gone into it, such as extensions or expansions, the price value can be driven higher when the benefits are shown.
Tip #6: Offer Incentives to Drive the Price Up
It’s entirely possible to offer incentives to maximize the value of your house and sweeten any deal. It could be a good idea to arrange a schedule that works with the buyer, leave them furniture that they like, etc.
There are many ways to sweeten a deal with a prospective buyer. However, if this route is taken, it’s always worth weighing up the potential costs as a seller, as this can eat into the price that is received.
