Selling a house can be a long and sometimes thankless task, and in a resurgent market with plenty of competition, some sellers may find it is taking longer than they anticipated to make that all-important sale.
However, if you are looking for a quick sale, there are some techniques to employ and aspects to consider that could speed up the process.
Studying local prices, valuations and past sale prices are very important practices that can contribute to a fast house sale.
Of course, buyers will be looking for the lowest price possible (they have things like Stamp Duty to consider) and that is no reason for the vendor to undersell.
However, if you have an idea of an average price for your area, it may be wise to pitch nearer this benchmark.
It is widely regarded that the most common reason that properties remain on the market and not sell for long periods of time is due to overvaluation, and sometimes it can be a good idea to have valuations from numerous independent sources in order to avoid this.
Regarding the property itself, there are various things to think about and most of them come back to appearance and interior. As well as ensuing that the property is clean and free from clutter, it can often be beneficial to replace bright and garish colours with more neutral creams and whites as a prospective buyer will find it easier to envisage what the property could look like under their ownership.
Moreover, investing in renovation before moving can sometimes be a backwards move.
For example, a lot of vendors jump into putting a new kitchen into a property before selling – this can have the adverse effect of putting off a buyer. In fact, to sell property fast, it can be very effective to leave the kitchen as it is, and lower the price accordingly.
A kitchen is a very personal space for a homeowner and if it needs updating, new owners might be more inclined to renovate it themselves. Buyers want a bargain – so don’t waste your money on what you think they might like.
If your property is in good shape and you make sure it is as ready and presentable as possible, making a few minor tweaks, this could help towards achieving a quicker sale. Furthermore, we can also help by advising how to sell your house fast, or provide a confidential cash offer.