What is stopping you from selling your house?

Sun, Aug 26, 2012

Financial Advice

In today’s housing market there are already enough difficulties in trying to sell property. The average length it takes to sell a house has increased by over four weeks in the past year. Property prices, although they have increased slightly since the collapse of the economy are not what they once were, and most importantly there are currently more people selling than buying houses.
These factors should be considered, but as they are national, are not really controllable. There are however things than you really can avoid doing, that do hinder your chances and put off potential customers.

Things not to do

Dirty and damaged property – unless a buyer is looking for a renovation property, they want will want to do as little as possible if nothing to a property before they move in. Also there is a reason why show homes make great sales pitches, because that’s what people want. So make yours look like one. If there is any miner damage, then invest the time and money and get it fixed. If there is mould all over the bathroom ceiling, get it sorted. Once the house is in complete working condition, then clean it. Last nights dirty pots and pans in the sink is unacceptable. Make sure the bathroom sink and toilet are clean and sparkling. And try to get rid of any bad odors that may be lingering.

Greedy asking price – One of the main reasons people struggle to sell their house is because they have completely overpriced it. Far too many people set the asking price based on what they want to get, not based on current market conditions, which is what it should. Researching the market is will not only get you a realistic asking price, but also save you weeks or months in wasted time. Look around both online and in local papers to see what similar properties in your area are asking for. Use at least three to four estate agents for an evaluation and take an average. Going with the highest asking price may seem like a great idea, but is often a ploy just to get you to sign with them and will get reduced later on.

No marketing – If no one knows the property is for sale, who will buy it? Certain methods may be free marketing but do they have an audience and who are they? It really is beneficial to invest in trying to sell your home, either with agent fees, speciality property websites or in the local papers. These have existing client bases and are generally the first place people go to when looking to buy a property.

No entry – lastly, refusing people who want to view your house because its not convenient for you. People work on different time schedules, and may often only have an opportunity to view say very early in the morning or late at night. Be flexible and willing. Showing that you want to help them  also gives a great impression with someone who you would want to deal with you.

Jess Collins is passionate about home design, property and consumer rights. Preparing your property for sale is an essential step if you want to sell your house. By following this advice you can be sure of getting the best deal when you sell your home.

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