7 Tips to Ensure You Get the Best Price Possible for Your Home

Get the best price possible

Selling your home can be a stressful time. Often when moving out of a property, you will have an emotional connection to the house and so want the sale procedure to go as smoothly (and as quickly) as possible. But it’s not always plain sailing, sometimes you will receive offers way below the price you expect or maybe no offers at all.

Well… Put up with the tidying before viewings and the constant phone calls to and from your agent. Take your time and follow these tips to get the price your property deserves.

Choose the Right Agent

All agents you approach should treat you like royalty to get your business, but ultimately there will be some better suited to sell your property than others. Different estate agents cater to different markets, so do your research and go for an agent that sells houses like yours as if they’re going out of fashion. They will know how best to show off your property on viewings and have a list of buyers more suited for your home.

Take the Right Approach

Once you have chosen your agent, you should work together and make a strategy to achieve your goals, such as the time period you want to move in and the price you want to get. Decide what is most important to you and make this clear to your agent. This way they will know exactly what type of people they should be showing your house to and how they should approach the sale of your property.

Be Patient

Don’t rush into the sale of your house, you will be making important decisions and need time to consider. If you’re not ready to go on the market or you want to wait for a higher offer, then wait! If selling quickly is what is important to you then bear in mind that you may have to take a lower offer to stay within your desired time frame. This is why it’s best to be flexible with your time frame and be realistic about how long the sale of your home could take.

property-prices-uk

Know the Market

Before accepting or declining any offers on your home, make sure you have brushed up on the prices similar houses have sold for in your area. You should have a realistic figure in your head of what you are able to achieve and not go on market at a price which is a lot higher than the true value. It may be that you do have to drop the price if this is what viewings suggest consistently, but going onto the market too high will start the sale on an uphill battle when it should be the busiest part.

Don’t Accept if You’re Not Happy

Getting an offer on your property doesn’t mean you have to or should accept it. If you aren’t in a rush, wait for a better offer. Listen to your agent’s advice on whether you can achieve more, but also trust your instincts.

Let the Agent Do Their Job

The sale of your house is an emotional process. You will have a personal attachment to your home which you won’t be able to let go of to see the huge business transaction you are making. Your agent will have negotiated the price of hundreds of houses, so let them get you the best price. Having chosen an agent you trust, it should be easy to sit back and let them do their job.

Find the Right Buyer

It is not necessarily the highest offer which will be the best one to accept. Your agent will get to know all potential buyers and has to inform you of any offers that are put forward. They will be able to tell you which buyer appears the most committed, such as a cash buyer with no chain, so you are less likely to be stuck with a buyer who is not in a good position.

Getting the best price for your home is all about trusting your agent and working closely with them so they know what’s most important to you. Don’t panic if you don’t get offers straight away, there is always time to reconsider your price and strategy and your agent is always there to help.

Leave a Reply

Your email address will not be published. Required fields are marked *