What You Need To Know Before Selling Your Home

Your Home

When planning to sell your home, there are a number of things that you’ll need to cover. Most notably, you’ll need to have as accurate a valuation as possible of a property, as well as a choice of estate agents, surveyors, and solicitors that will ensure that you’re not paying above the odds in terms of fees. At the same time, you need to be aware of how much time you’ll need to spend preparing your home for viewings, and options for negotiation with buyers and agents.

Valuation

It’s important to take as much time as possible when valuing your property. The first approach to take is to check the selling prices for other properties in your local area; estate agents can help you with this. You’ll also need to think about what the future resale value will be a prospective buyer, as well as the resale value of the land itself. For a fuller perspective of the material value of the house, you’ll have to invest in a survey – basic valuations can cost a full hundred pounds; homebuyer’s surveys cost around £500, while a full survey report will cost £1,000 or more. In addition, you’ll need to get an Energy Performance Certificate from an independent assessor.

Getting the Right Partners

When trying to pick the right estate agent, you need to be aware of which is the best for your particular property and area. Online agencies might also be an idea if you want to take a slightly different approach to your selling. Most agents will charge on a commission of the final sale, while others may be able to work to a flat fee. Other issues to resolve include finding a surveyor to carry out a valuation – companies affiliated with the Royal Institute of Chartered Surveyors are usually the best option. A conveyancer or solicitor who can draw up deed transfers, contracts, and resolve mortgage issues is also required. Remember that the total cost of hiring these people and companies can get expensive very quickly, so try to compare as much as possible.

How Much Time You Need to Spend Preparing for Viewings

You can boost the selling price for your home by taking the time to invest in renovations and changes, while also decluttering. It’s important to be able to depersonalise your home as much as possible before a viewing, which will make it more accessible to a potential buyer. Ensure that there’s plenty of life, and that if you’re selling during the Winter you air out rooms properly. Check appliances and light bulbs, and aim to be away during the actual viewing, as your presence may make a buyer uncomfortable.

How to Market and Negotiate

It’s crucial to not let yourself get undercut in terms of valuations and selling prices; this means working with the right estate agents to ensure that you’re not getting a bad deal. You also have to consider whether your estate agent is actually doing enough to market your property, as well as negotiating on your behalf over prices. Make sure that your property has a high Internet visibility, while also being prepared to lower your original price if needs be.

Your Home

Author Bio: Liam Ohm writes about housing, from Estate Agents In Balham to home improvement tips. He regularly runs and attends a range of seminars.

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