How To Ensure You Sell Your House Quickly In The Market
1. Prepare The Property For Sale As Much As You Can
Expect a large number of property sellers to flood the market (as they intend to buy a house), which can slow down the selling process. However, by preparing your house for sale, you can position yourself to relocate quickly to a new home when you find a serious buyer.
To prepare your home for sale, ensure you have completed the required tasks with your mortgage adviser, identified a good solicitor to work with, and organised all the necessary documents and other requirements.
According to recent real estate data, an ordinary property sale has a 30% chance of failure, underscoring the need to prepare yourself and reduce the time prospective buyers take to back out of the deal.
THE LEGAL COSTS ASSOCIATED WITH SELLING YOUR HOUSE
It is important to take note of the costs you will be expected to pay before concluding the sale. Without a clear understanding of the costs involved, you can easily end up delaying the process or spending more than you should. For example, you will pay for legal fees, surveyor costs, mortgage application fees, EPC, and your mortgage payments after you have moved into your new house.
To sell your home fast, prepare yourself by knowing the costs you will pay to sell the property. To find out more, you can read this article, What are the costs of moving house?
2. Prepare the Documents Your Solicitor Will Request
One common question we receive is “what certificates are needed to sell my house?” To speed up the sale process, it will help if you are ready with the following documents:
- Building regulation certificates
- Door and window certificates
- Boiler warranties
- The Property’s Performance Certificate (EPC)
In addition, make sure you are ready with a valid Energy Performance Certificate or begin the process of commissioning one, to guarantee your property is ready for sale to begin with. Confirm if your property or estate agent can provide this service for you.
3. The Property’s Initial Appearance Matters A Lot
Many people are not aware that it only takes a potential buyer a few minutes during the first property tour to decide if they like how the house looks or not. As a result, an increasing number of property investors recognise the importance of a property’s curb appeal in persuading a potential buyer to purchase the property.
You may need to clean up and weed the front garden, apply a fresh layer of paint to the front door, and do other things that make your property attractive to someone across the street. As earlier mentioned, a positive first impression will help to sell your house quickly.
You can also do a measured building survey with the architects, designers and building professionals with accurate and dependable survey information and CAD drawings. This survey will help you to figure out your property’s information very quickly.
4. Remove All Your Personal Stuff
With a proper setting, you can help prospective buyers imagine themselves living in your property, which can help speed up the sale. You may want to remove the clutter and all your personal items from the display and store them elsewhere, at least until the inspection tour is complete.
You do not need to colour your home with all your preferred décor and make the entire place have an extremely personal theme. Instead, you want to make it easier for prospective buyers to envision your property as their future home.
5. Carry Out The Necessary Repairs
Carrying out a few minor repairs around the house, like fixing a leaking kitchen or bathroom faucet, can really improve the value of your property and make it more marketable. Sometimes, you may need to apply new paint, install new kitchen equipment, or repair a broken cabinet; however, ensuring your home is in perfect condition can be the boost you are looking for in your marketing plan.
6. Hire a Reputable Real Estate Agent
Use the number of ‘sold’ boards to gauge how well a certain estate agent is performing when it comes to selling property in your local area.
It is also important to seek a valuation of your property from at least three estate agents and request details about their marketing plans, such as the platforms they intend to use to market your property and other vital information that can help reach out to a large target customer base.