If you have to sell your home right now, you’ll want to do everything you can to ensure you get the best price during the sale. If you work with a professional and do your research then you’ll know the current market trends to help you accurately price your property, but there are always ways to boost your home’s appeal to sweeten the deal. Here are a few other tips to sell your home during the current cost of living crisis.
This article does not constitute advice. Professional advice should be taken prior to acting on any part of it. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
Set realistic expectations
It’s important to know what the market is like where you’re trying to sell your home. You can check out other properties for sale and figure out what your home’s unique selling point (USP) is so you can focus on it. You can use professional appraisal services or market research to get a fair and accurate valuation for your home. Don’t forget to look at local competition (comps as they’re known in the industry), recent sales data, and any other factors that could impact property prices in the area so you can set a reasonable, but competitive price.
Set the stage
In addition to highlighting your home’s USP, you should strive to maintain the upkeep on your home and ensure your home is attractive to potential buyers. Before you put your home on the market, consider putting in some work, even just cosmetic like new carpet or paint or simply a deep cleaning, so you can be sure you’re putting your best foot forward. If you want to sell your home for the best price, you don’t want to have any outstanding repairs or upgrades when you’re planning to sell.
If your estate agent suggests staging your home a certain way or to eliminate personal touches, don’t be offended. When you’re selling a property, you want to allow potential buyers to picture themselves in the home and they can’t do that with all of your personal effects or clutter in the space. Plus, moving will be easier when you do eventually sell. The aim is to maximise the value of the property and in the long-run, you’ll thank them for the advice.
In this post-COVID world, learning to leverage online resources may just be the leg up you need. Make sure your listing is shared across social media platforms and that you’ve utilised the best retail marketing tactics available. If your estate agent provides additional services like virtual viewings or tours, that makes your home available to anyone who comes across the listing online, and doesn’t limit the potential buyer pool.
If you follow these tips, your chances of selling your home quickly and for a good price, even in this economy, will no doubt increase. Keep in mind that it might be tough to get an offer that you’re willing to accept, so don’t get discouraged! Remember to keep your home looking its best and to stay updated on market activity. With the right attitude and proper support, the right price will follow.
Ready to dive into the mortgage process?
If you want to achieve the best possible outcome during your home sale, consider obtaining professional advice.
With so much to think about during the process, having a mortgage adviser will be one less thing to worry about.
Try our online Mortgage Finder Tool with current rates and then contact us to discuss your options.