With the current financial climate and a distinct lack of home buyers, today’s homeowner has to look at all possibilities if they want to sell their property quickly. This is a global problem, whether you are in the US, UK or Spain, property prices are falling and buyers are few and far between, even with interest rates at their peak. lower.
So how can you get ahead of the field?
Make sure your property is ready to sell, it must be clean, tidy and well presented at all times. If possible, give it a fresh coat of paint!
Price of the property to the market. Look at local real estate agents or For Sale By Owner websites to find out what similar properties are selling for; You can also use nethouseprice which allows you to enter your UK postcode and get a list of properties sold and the price. where it is sold in the same area.
Find out what local real estate agents have to offer. Ask them how they will market your property and where they advertise. Negotiate the best commission deal and be sure to read any sales contract (have your legal representative review it if possible). Some agents will have a clause that states that if the seller sells the property privately, he is still responsible for paying the commission. Make sure this gets removed or be willing to pay them too!
Advertise your property privately using all available media: local newspapers, storefronts, for sale by owner websites, or all of the above.
If you are advertising in the local newspaper, keep the headline short and catchy A “Luxury Property For Sale” headline may discourage potential buyers, inferring that the price will be too high while a “4-Bedroom Single Family Home” may keep reading.
If you’re advertising on a storefront, be sure to include a color image of the property, and again, keep the title attractive.
If you use FSBO (For Sale by Owner), see what deals are on offer. Online property sales currently offers to advertise your property until it sells for just 52 ¬. This includes a full description and up to 6 photos of your property. They also place you on the Global Property Online website and a minimum of 10 other websites. The price includes an SMS alert system that informs the seller when a query has been made about his property.
When you advertise on an FSBO site, be sure to maintain confidentiality by not displaying your name, phone number, or email address. Some FSBO sites display them and before you know it you will be receiving hundreds of spam emails.
If you really want to sell your property, buyers do exist (even in today’s climate) and you just have to work to find them using some or all of the methods outlined here; these could help you get ahead of your neighbor. If the sale of your property is paramount, exploit all forms of advertising, manipulate the available resources to your advantage and make them work for you.