ArticleSelling a house in a slow property marketPosted: 01/05/2009
|
The global economic crisis has produced considerable bad press concerning the property market. However, the good news is that by following a few simple rules you can ensure you will get a realistic price for your property.
Knowing what your property is really worth will help you avoid settling for less. If you cannot get the price you want, consider postponing the sale until there are enough buyers around to pay the value your property is worth. If you are moving interstate or need to sell your home as soon as possible there are a few simple tips to ensure you get the appropriate price for your home.
It is important to present your home in the best possible condition. This involves fixing anything in need of basic repairs, spring cleaning, de-cluttering and de-personalizing the space. Removing personal items will help potential buyers imagine themselves in your home without the interference from your use of the space. Make sure you don't leave any bills or bank statements lying around as this can remind buyers of the costs involved in home ownership, rather than focusing on the potential your home has to offer. Clearing out excessive clutter will open the space of your home and make it seem larger than an untidy space.
Consider what attracted you to the property when you ought it and highlight those features to potential buyers. If you bought your home because of a well-manicured garden it is realistic to expect potential buyers will appreciate the same.
It is also important to keep realistic about the sale potential of your home in the current market. Remember prospective buyers are not concerned about how much you paid for the home, or how much you think it is worth. You can get a good idea what your home is worth by checking the recent sale prices other houses in your area and attending local open homes.
Comparing size, location and property condition you should get a fairly accurate idea of what your home is worth in the current market. The recent sale price of homes in your area can be a fairly accurate guide to the value of your home. If your property is priced appropriately in the current market, it will sell.
An experienced real estate agent will give you an idea of a realistic expectation of your property value. Choosing an agent that has worked in your area before will ensure you benefit from their experience will similar properties.
Using an experience real estate agent, keeping realistic about the market value of your home and presenting your home in the best way possible will help you cope throughout the sale process.
| |
Why use sellmycastle?
Our service is completely free Saves you time calling and meeting all the agents in your area. Compare agents offers online including commissions, marketing plans & more! The whole process is stress free and helps you select the best agent to sell your property!
|
