The property market continues to fall and is expected to do so for some time
yet. If your property is on the market you simply want to sell your house and
be able to get on with the next step in your life. There are no quick, easy
fixes to selling your house in the current market, but here we will outline
some approaches that you may not have tried.
The estate agents say lower your price. Obviously this is true. Lower your
price and you will be more attractive to the elusive buyers. If you want to buy
another house then this option might be possible as it's likely that your next
property will have a lower price too. You could sell at a lower price, rent for
a few months and then be a cash buyer once the market has bottomed out. You'd
be the perfect buyer.
Alternatively, prepare your house to be not just another house, but a wonderful
house, and an opportunity for someone to buy. What's special about your house?
What can you make special about your house? Put in some thought, time and
possibly money to make it more special.
Perhaps a drab garden can become the perfect garden for children with a wendy
house, lawn and flowers. Perhaps the space under the stairs can be a work
station, or a pretty, exposed storage space. Perhaps the hall can be made into
a welcoming space by a fresh lick of paint and careful lighting, the rooms warm
and give the feel-good factor.
Speak to your agent. Yes, the market is difficult, but can the photos be
redone? Photos are usually the first impression a buyer can get. If you are not
be impressed with the image then others won't be either. Ask the agent to take
new ones, or you may be able to take them yourself. Has the description enough
"wow-factor" and is it correct? Wording in the description is very
important and you must check it carefully.
Advertise your property on private sellers websites and newspapers. Some sites
are free and just need your time to input the details. This gives you more
exposure. You may be able to register with more than one agency and if not, ask
when your contract is up to go with another agent. Agents do not want to lose
any business and may be able to make a few more calls and follow more leads if
they know you are serious about moving your house sale to another agent.
And if you can't sell your house?
Unfortunately there isn't much choice and you will need to make a decision
which will be a relief in itself. You can stay in your house and wait for the
housing market to recover which it will at some point. If you have enough space
you could even rent out a room and save the income to have a bigger deposit for
your next move. If you can't sell your house and you need to move for a
specific purpose, then you need to look into renting out your property and
renting in your new location. You can then sell and buy when the housing market
recovers.
There are less buyers out there, but house sales are still going through. Your
house needs to shine and stand out as an opportunity not to be missed.
About the Author: Susy Copus writes about all aspects of
the property market. Her work has featured the UK Property Search Engine, Wheres My Property,
Renovate Alerts
who find property to renovate and Property Money Maker.
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