Introduction: How to Sell Your Home at the Right Price
The price is perhaps the most important thing to think about when you are selling your home. You want to find a balance between the current market prices and what you want to get from your home. Here are some things you need to keep in mind when selling your home.
Step 1: Think What You Want
First, you should carefully consider what sort of price are you looking to get. Be realistic in your estimation but make sure you carefully consider what you might want and need from the selling price. If you are moving out, you might also want to consider any additional costs this might bring about.
Consider also the estate agent fees. You’ll have to pay quite a few legal expenses when selling the home, so you won’t be getting everything you make from the house to yourself
Step 2: Check the Property Market
Keep in mind that if there’s a lot of property business going on in your area, it doesn’t automatically mean you can make more money with your property. If many people are selling, it might bring down the prices and a number of properties on sale may actually mean that it is hard to sell. If you can, you might want to wait until some of the houses are sold.
Step 3: Pick the Time Right
The property market has its most busy periods just like any other industry. According to estate agents, spring is a time when the demand is high and can therefore help you attract a higher price.
The markets slow a bit during the summer months and pick up again in the late summer and early autumn. If you are able to wait it out, this might help you attract the right price, although it isn’t always an option.
Step 4: Sell in Good Condition
It is much easier to negotiate a better price for your house when it is in top-notch condition. Buyers are typically looking for homes where they can just move and start their new lives, instead of going through a lengthy renovation project beforehand.
This doesn’t mean that you should renovate the house completely before you start selling. Just make sure it doesn’t require any major work by fixing the roof and other exterior surfaces. A fresh layer of paint in the walls inside can also refresh your home. If you are interested in doing something bigger, then a loft conversion can instantly add much more to the asking price.
Step 5: Get Your House Valuated
Before you start selling, you might want to have a professional surveyor come and look at your property. Although a valuation is necessary during the sale process, it can also be a helpful guide to help you ask for the right price to start with.
The surveyor can, not only guarantee you don’t under- or overvalue your property, but also that you can fix any major problems they think might increase the asking price.
