Reasons To Sell Your Home This Winter

Selling your home is one of the biggest decisions you will likely make in your life. Therefore, you probably don’t have just one reason to sell your home, you will likely have a lot of reasons. While there will be personal reasons and circumstances which influence your decision to move, there are many common reasons to sell your home this winter, and if you are looking to sell, Williams of Petersfield is here to help.

We know that spring is traditionally the busiest time of year when it comes to selling homes in England. However, in recent years, there has been an evolution in the marketplace. The emergence of online property portals means it has never been easier for buyers to review homes from the comfort of their own home, or wherever they access the internet.

Winter is a busy time of year

You’ll find the run-up to the festive period, you are busy with a lot of things. The thought of preparing your home for a sale may be the furthest thing from your mind. However, as soon as Christmas Day is over, people are looking for their next adventure or activity, and moving home becomes a priority for a lot of people.

There is a phenomenon called The Boxing Day Bounce. It initially referred to the retail sector, with consumers spending a lot of money on Boxing Day sales. Nowadays, it refers to the huge influx of people landing on property portals between Boxing Day and New Years Day. Rightmove have issued figures for recent years which suggests there is a massive volume of buyers at this time, and this means vendors should hold an interest in selling their home.

Are you looking to sell your home in winter?

Some of the leading reasons to sell your home in winter include:

  • A reduction in competition in winter, as there are homeowners who don’t want to sell their home
  • There is a welcoming nature to good homes in winter, which means many buyers will fall in love with a property
  • If a buyer arranges to view a home in winter, it indicates they are committed to the process
  • With many buyers looking to involve their children in the buying process, there is a demand for viewings during school holidays
  • Anyone looking to enjoy a fresh start in the New Year should be motivated to start the sales process as quickly as possible

All these reasons are hugely important in why you may wish to sell your home in winter. There is demand for buyers, and you will likely have some motivation to move on. When these elements combine, it makes sense to act upon it, and enter the sales process.

While many people prefer to focus on Christmas, if you can balance these different aspects, you will enhance your chances of reaching out to a buyer.

If you’re looking to sell your home, contact Williams of Petersfield, and we’ll be more than happy to assist you. We are pleased to say we have assisted many local landlords in selling their home, and we are keen to help you, so get in touch today.

Make Your Home More Energy Efficient Before Selling

If you are selling your home, you should know you need an Energy Performance Certificate, an EPC. While this document is a legal requirement, it is also an extremely useful document. In a competitive market place, you need to make a compelling argument for prospective buyers to fall in love with your home. Continue reading “Make Your Home More Energy Efficient Before Selling”

Documents You Need When Selling Your Home

Selling your home isn’t easy, and there is a lot of work to do to ensure your property is ready to appeal to buyers. It is likely you are focusing on presenting your home in the right manner, and on the moving process. There is a lot of physical work needing taken care of around the property when you sell your home, but don’t overlook documents relating to administrative and regulatory matters.

There are documents you need when selling your home, and at Williams of Petersfield, we are here to help. We have helped many local homeowners sell their home, and we know how the process works. If you want a company who takes you from start to finish, while making the process easier for you, get in touch with us.

Documents you need include proof of identity

Before you sell your home, you need to show your solicitor identification which proves you are who you claim to be. Documents which provide photographic identification, such as a passport or driving licence, and something which states your address, such as a utility bill, is sufficient.

There are strict anti-money laundering rules in place, which require professionals in the industry to carry out these checks. If you are looking to sell your home, these documents are vital. Having them close to hand will speed up the process.

Basics first: to sell your house, you’ll need to provide your solicitor with some ID to show you are who you say you are. This is usually proof of your current address, such as a recent utility bill, plus photo identification (e.g. passport or driving license). Other documents may be accepted, so check with your solicitor or conveyancer beforehand.

You must provide the title deeds

It stands to reason that if you are looking to sell your home, you must prove you own the property. If you cannot find your title deeds, don’t panic. The solicitor who helped you buy the property should hold a copy, and if they don’t, your current solicitor should be able to obtain the official deeds from Land Registry.

Of course, if you don’t have them to hand, it may take some time to arrange copies or the official document, so this may slow down the sales process.

Freehold or leasehold?

Whether your home is a leasehold or freehold property, you should have documents stating what is appropriate. It will be helpful to have these documents available during the sales performance.

You must offer an Energy Performance Certificate

Vendors are legally required to provide the Energy Performance Certificate, EPC, for the property when selling it. If you don’t have an EPC in place for the property, arrange for the evaluation to be carried out.

At Williams of Petersfield, we are pleased to say we have helped many local vendors sell their home. If you need assistance taking the stress out of the sales process, get in touch and we’ll be happy to help.

Should I Buy And Sell Property At The Same Time?

It is perfectly natural for a homeowner to buy and sell property around the same time. If you already own a house and it is time to move on to a new one, it is very likely you need to sell property as well. However, if you are weighing up your options, is this the right approach to take?

You may feel as though you have no other option. After all, you need a place to stay, and you are only selling your current home because you are moving to a new one. If you didn’t plan on buying a new home, there would be no need to sell your current home. So, the process goes hand in hand, even if attempting both activities at the same time makes for a stressful time.

There are reasons to sell property before you buy

If you are looking to sell your current home before you begin the process of buying a new home, there are reasons to do this.

When you aren’t attempting to sell at the same time as you buy, you are in a stronger negotiating position when you sell. Some vendors have found themselves accepting a lower offer than they would like, simply because of the deadlines of the buying process. When you aren’t pushing through a property purchase, you have a stronger position to sell.

When you aren’t buying at the same time as you sell, you aren’t part of a property chain. This is a great asset to have when you eventually get around to buying a home. You will already have sold your property, be free of a property chain, and you’ll look more appealing to vendors. This factor alone may not make the difference when there are many bids in for a house you like, but it may.

Vendors want to avoid a chain, so if there is an acceptable offer from a buyer who isn’t involved in that process, their offer automatically carries additional weight.

Another reason to sell before you buy is you think house prices are going to fall in the near future. If you sell for a high price, and it then becomes more affordable to buy property, you can enjoy a profit on your home. You may use this money to buy a larger home, or you may put it to good use in other ways.

There are reasons to consider selling and buying at the same time

Of course, you must be aware there are reasons to sell and buy property at the same time. While there is a lot to be said for selling first and then buying at a later date if you believe property prices will fall, but what if the opposite happens?

If you sell your home and then house prices rise, you may not be able to buy the home you want, or you could find yourself priced out of the market. It is easy to see why many homeowners choose to buy or sell at the same time, because it minimises problems like this occurring.

There is also the fact many people would rather not rent. When you rent, you spend money that gives you nothing back, and it can be expensive. Therefore, it is best to coincide the buying and selling of property, so you can move from one house to the other.

If you are looking to sell your home, and you need guidance, please contact Williams of Petersfield, and we will do everything we can to assist you with the process.

A Shocking Reason Your Home May Not Be Selling

If your home isn’t selling, but other homes in the area are, you want to know the reason why. You and your agent should be able to review the market and come up with ideas why your home isn’t selling. There may be an issue with the local area, there may be a lot of houses for sale in the market, or there may not be a significant number of buyers. It may even be that your home is priced too high.

However, if it isn’t any of these reasons, you may feel as though there isn’t any reason why your home isn’t selling. Of course, there may be a shocking and surprising reason your home isn’t selling or generating interest.

Your home may be too cheap

You would think if your home had a low value, you would have a lot of interest. Savvy buyers seeking a bargain would surely see your home as the ideal option when it comes to affordability and value for money. However, this isn’t always the case, and you may find buyers ignore your property listing.

Don’t sell your home with a nine at the end, round up

Over the years, many industries have thrived with price tags ending in a 9. This style of pricing subconsciously makes people think they are getting a better deal. The reality is they may only save a penny or a pound, but the psychological difference may be enough to grab attention.

However, in the digital era, some of the benefits are lost. Buyers set price parameters starting and ending in 0’s, which means that your property price may lie outside the parameters, suitable customers. Equally, your cost will lie at the maximum of the parameter where it sits, so your home will come across as one of the more expensive for a buyer.

Get an accurate price for your home

The most important thing for you to do before pricing your home is to ensure it is appropriately valued. We offer this service, and our team will make sure you have an accurate and genuine price in place for your property.

It is essential to know the local average, but if your home isn’t comparable with the regional average, you shouldn’t use that as a barometer. If your home is more appealing than the average home, the average price lumps it in with many properties in your area. Buyers could be crying out for what you offer, but if the house seems the same as the rest, they may not give it the care and attention it deserves.

If you are looking to sell your home, you need support and guidance from local experts. We are pleased to say we have helped many vendors sell their home, and our team have skill and expertise in the psychology of sales. We will help you find the ideal price for your home, and we look forward to assisting you to sell your home soon.

Staging Your Home At Low Cost

Selling your home is often a challenging proposition. One issue that many people overlook is the cost of selling your home. There are many fees associated with selling your home, but you also have bills to pay when making your home look as appealing as possible.

You should look to stage your home to attract buyers. With an attractive home aimed at the most likely buyer, you significantly increase your chances of selling the property. However, some vendors are concerned about the cost of staging their home. At Williams of Petersfield, we are pleased to say we have helped many homeowners cut the cost of staging their home without compromising on quality.

We are pleased to help you stage your home at low cost.

Add a new coat of paint

While you don’t want to add garish colours or go overboard when it comes to rejuvenating a room, there is a lot to be said for adding a new coat of paint to a room or home. While you should be modest when it comes to your colour scheme, making a place feel less drab is a fantastic way to entice buyers and make the most of your home.

Add a sense of space

You should look to add space at your home because this is what buyers want to see. However, if you cannot physically add space, you need to make your home feel spacious. There are several simple tips you can follow here, but mirrors are extremely useful in transforming your home. A well-placed mirror makes a room seem more spacious, and it can make a room feel lighter too.

Also, make sure that you create space around windows. Minimise drapes and items blocking the window area. Not only will you allow more light to flood into a room, you develop a sense of space that is highly appealing to buyers.

You don’t need to buy furniture to stage your home

An essential part of the staging process is to present the room in a manner that appeals to the buyer. Therefore, it makes sense to have furniture that the likely buyer approves of. However, if you don’t own furniture that matches the needs or taste of a prospective buyer, you may be opposed to buying furniture to sell your home.

Thankfully, you don’t need to buy furniture for the staging process. If you have friends or family members who have this style of furniture, ask if you can borrow furniture from them for a short time. Also, some firms specialise in loaning furniture on a short-term basis. Installing these items in your home for a limited period helps you create a great impression, without spending a lot of money.

If you are looking to sell your house in Petersfield, get in touch. We aim to help you connect with buyers and by calling on Williams of Petersfield, you receive guidance from a local expert in the property market, so get in touch.

 

staging a home for sale

How To Choose Your Ideal Buyer

Even though there has been much pessimism regarding the property market in recent times, property deals still take place. We are pleased to say we have helped many vendors in Petersfield sell their home. If you are keen to sell your home in the Petersfield area, please get in touch, and we will be happy to assist you find your ideal buyer.

Given the demand for property, it is not uncommon for vendors to have multiple offers to consider. If you find yourself in this position, you need to evaluate your options. Naturally, many vendors believe the most significant offer is the most appealing option.

However, it may be the most substantial offer isn’t the best for your needs. On many occasions, the most extensive offer will be your best offer, but this isn’t always the case. If you want to know how to choose your ideal buyer, there is several things you need to consider.

Consider the terms of all offers when looking for your ideal buyer

There may be times when a smaller offer is more appealing. An example of this comes when you have a cash offer and an offer dependent on a mortgage. If the lease has only been agreed in principle, the cash offer may be far more attractive, even if it provides you with slightly less money. This would make the cash buyer your ideal buyer.

A mortgage agreed in principle isn’t a guaranteed mortgage, so it may not be on offer. Even if this mortgage does come to fruition, it may take several weeks for the lease to be made available. If you have a cash offer, you can proceed much more quickly, which appeals to many vendors.

If you need to move quickly or there is a deadline in place when it comes to selling your home, a cash deal makes more sense.

Is the buyer part of a chain?

Another thing to consider when evaluating offers is the status of the buyer. If the buyer is involved in a chain, this may hamper your ability to conclude the deal effectively. When people are involved in a property chain, there is a higher risk of deals collapsing, or at least being delayed.

If you receive an offer from a first-time buyer, their offer may be more appealing to you than a more substantial offer from a buyer involved in a chain. If you want to conclude quickly and reduce the level of stress you experience in selling your home, looking for a chain-free offer is a smart move.

Is the buyer motivated to move in?

If you are dealing with a motivated buyer, you should find the deal moves much more quickly. There is a great deal to be said for choosing an offer from a buyer who wants to conclude soon as opposed to someone who seems content to take things at a slower pace.

Don’t be afraid to speak with the prospective buyer and ask their opinion on the move, and what they want to achieve. This information may provide you with insight into whether this is the right buyer for you.

If you plan on selling your home, you need to have your home valued. We’re pleased to offer a valuation service, and whatever help you require in selling your home, we can provide it. When you want to sell your Petersfield house, contact Williams of Petersfield.