Friday, 11 October 2019

Six home selling myths debunked

As you go through life you will always find that people are always there to give their advice of opinion whether it's asked for or not. Selling your home is no different. You will discover that suddenly everyone wants to get involved in the process.

Here are six home selling myths uncovered to help you get the most out of the process.


The best time to sell is in the Spring

While homes do sell in Spring they also sell in Summer, Autumn and Winter. The truth may be that people can't be bothered in the Winter so prefer to wait a few weeks until the days are lighter and the weather is brighter. However there is not a best time to sell your home.

You can sell your home by yourself

While estate agent fees may make your toes curl up, going solo can actually be more difficult. There is more to selling a home than just creating a fancy-looking advert. You will also have to arrange viewings; market your home; establish relationships with potential buyers; and filter the offers. Estate agents may get a bad reputation but ultimately they are professionals at selling homes.

Noisy locations are a turn off

Houses near roads and train stations are actually very popular these days as they tend to be  close to transport links and buses. In addition to this window glazing is so advanced nowadays that you would rarely hear traffic noise once inside a property.

Upgrades need to involve major works

People massively overspend on DIY projects in the kitchen and bathroom when in reality so long as these rooms are not too outdated and appear clean potential buyers don't care. Simple improvements often provide the best results so tidy up the front garden, recondition the front door and give the living room a fresh lick of paint.

Price your property high and then reduce the price

This is one of the most common mistakes sellers make. If they price their home too low they might  leave money on the table but price it too high and you could miss out on offers. Instead of pricing your home with space to negotiate you should price your home at what it is worth.

Make the buyer wait

When you receive an offer you should reply straight away. When a buyer makes an offer that buyer is ready to purchase your home. Moods could change and you don't want to lose a sale because you stalled in replying. Some people believe that waiting to reply puts you as a seller in a better negotiating position but that just isn't the case.

Buying a property is a big decision and can be daunting and confusing but hopefully the confusion between fact and fiction has been solved. If you have any questions please get in touch today.

Call 01483 320207 or email richard.hodgson@newman.uk.com

In the meantime why not visit https://instantvaluation.newman.uk.com/ to perform an online valuation for your home to discover how much it might be worth in today's market.

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