The property market is moving really fast at the moment. One estimate I saw suggested that there are an average of 25 buyers vying for every property that comes on the market, so if you’re looking for your next home, you’re going to need to be quick!
What if you’ve got a property to sell before you can buy your next home?
Competition for properties is fierce, so you shouldn’t have any trouble finding a buyer. However, if you’re competing with other buyers for the property you want, you don’t just need to find any buyer, you need to find a great buyer. A great buyer is one who isn’t going to hold up or jeopardise your sale. A chain-free buyer is the holy grail when you’re trying to sell a house, but you might also need to make sure you get a good price for your current home to ensure you can make a competitive offer on your next property.
If you’re looking for a quick sale, these are my top tips to attract the best buyers!
Remember kerb appeal
It can be really easy to get caught up in preparing the inside of your property for sale and forget how your property looks from the road. First impressions are crucial when it comes to selling a house. In fact, recent research suggests that most buyers will make up their mind about whether or not to buy a property before they even step through the front door.
Make sure any front grass or foliage is neat and tidy, clean your front door and windows, and don’t forget to hide your dustbins away.
Make each room’s ‘purpose’ clear
Prospective buyers like to see clearly defined uses for each room, even if they would choose to use the room for something different. If you’re selling your property as a three-bedroom home, make sure each of the bedrooms has a bedroom in. If you’re suggesting that your property has space for home working – a great selling point in the current market – set up a desk area to show its potential.
Declutter, but not to the point of making your property boring
Decluttering before you put your property on the market is a great idea, but it’s important to ensure that you don’t remove all personality from your home. Prospective buyers want to get an idea of the space your home offers, which can be tricky if it’s cluttered, but they also want to see how you live in the property to help them envisage themselves living there. Vacant, empty properties are notoriously tricky to sell because would-be buyers are looking to buy the lifestyle your property offers, not just the bricks and mortar.
Price your property realistically
The biggest impact on not just how quickly you sell, but also how many people book to view your property, is the price you list your property at. Remember, the more people who view your property, the greater the competition and therefore the higher price you’re likely to achieve. Properties that are initially overpriced take an average of 50% longer to sell, so it’s important to price it attractively from the start. Your estate agent will be able to advise you on asking price, but ensure you mention to them that you’re looking for a quick sale and want to make sure the property isn’t over-priced.
If you’ve found the property of your dreams, consider your options
If you’ve found the property of your dreams and don’t want to miss out on it, but you haven’t yet sold your current property, you could consider using a cash home buying company.
A home buying company buys your property for cash. This means they don’t rely on mortgages or investors and can complete a house sale much more quickly than a standard estate agency sale. A genuine cash home buyer should be able to buy your property on a date of your choice to fit in with the purchase of your next home, in as little as a week if necessary. This makes you a really attractive option for any sellerbecause you can fit round their needs. A sale to a home buying company effectively makes you a chain-free buyer, which means it would be difficult for any other prospective buyer to beat your offer on the home of your dreams.
It is worth noting that you’ll achieve a lower price than you would by selling on the open market, but it’s really a completely different way of selling. If you need speed and certainty, a home buying company offers a service that the open market just can’t match.