You’ve decided that you want to sell your house. You need to get it in the best shape possible so you’re able to put in on the market. However, there are some deal or no deal tactics that are extremely important to help you sell your house.
You may have heard of phrases such as a “sellers’ market” or a “buyers’ market.”
If you’re a seller, you are able to be much more bullish in regards to the asking price; that means if you’re the buyer, you’ll need to be more cautious.
The majority of buyers through the UK tend to overprice their judgement on the price of the property.
it was predicted that the asking price for houses will increase as the demand grows. Hence why for some people, it’s extremely hard to get onto the property ladder. The increase in rates will impact credit, thus elbowing a lot of buyers out of the game before they’ve even started.
You need to be smart whether your buying or selling a house. If you’re selling your house, these are our top two tips.
Don’t Disregard Your First Offer
As an estate agent, our job is to create interest in your property and persuade potential buyers to view it. Whether you can any offers on your property quickly will depend on how well we’ve done our job.
One of the most ideal scenarios is when one of the early viewers makes you an offer.
Don’t show the first buyer to the door. If it’s below-asking price, don’t throw it away straight away, because, it could be the highest offer you receive, rather than the first of many escalating offers.
How Much Is My Home Really Worth?
In the current conditions, how long a property has been on the market can play a huge part in how it should be valued?
If you have a good property in a great location and well-priced, it shouldn’t be on the market for too long.
If you’re fresh onto the housing market, then you’re at an advantage. But the longer you’re there, your chances decline as time goes on.
If you miss the early market and your home is unsold for a month or two, then this could be good indicator that something isn’t right and the asking price does not meet the buyers’ expectations.
You need to be realistic and rational. Don’t blow your buyers out of the water straight away and dismiss any dismal offers. If your property has been on the market for two months and you receive an offer, more often than not it’s going to be less than your asking. But that’s where us estate agents make our money; we try to negotiate a price that both the buyer and seller are happy with so no one goes away unhappy.
If you’re interested in selling you house, then don’t hesitate to get in contact. We are currently offering FREE house evaluations in the Calderdale area.