Here Are Valuable Property Pricing Tips for Sellers in London
In the UK, there is no denying that the property market is improving constantly and most people who were renting their houses now search for better options when it comes to buying properties. For the London area, this is especially true because here, the prices seem to enjoy a mini-boom.
Is this here to stay or improve is a matter unknown. In the meantime, if you just made the decision to put up your property for sale in East Dulwich and invest in a new one, you should consult skilled estate agent and consider these factors.
Consider this, if you were in the waiting line to receive a quote from a property builder for repairs of a leaking roof that you just found in your house, will you accept the first person if they offer high prices? The higher are chances go for a “NO”. From the seller’s point of view grabbing the best deal is also important. Likewise, it is advisable that you take your time and consult at least three estate agents in your area, including experienced ones as Fish Need Water estate agents to help value your property. They can help you to be alert and guide you in taking the best valuation.
You should take your time and keep a watch on the properties agents list in your area, along with the ones they recently just sold in the area. This will help to support your valuation properly. It is also necessary that you consider the fact that house prices in London largely depend on the locality you choose. Hence, do not strictly look up to average UK prices since this would not help to give you the right indication.
Look at other houses for sale in your area and compare its value to the past six months. Doing so will help your estate agents to show you the listing they had in previous years. You could also ask about the final price of selling. For sure, this is bound to differ from the price listing and it has to be a better representation.
Timing and the Target Market
To sell your property quickly and properly, you have to also consider your target audience. In your opinion, who do you think will consider buying your property? In this regard, you should tailor your space and make it attractive to the group. Of course, you have to work on this step in a better way to ensure it appeals to other groups who are interested. If you feel that choosing a family would be ideal, then you can adjust the bedrooms accordingly and make workstations for working couples.
De-clutter and De-personalize
At times when prospective buyers come to visit your property, they have to imagine themselves living in your house. Hence, make sure that you keep your home clean, de-clutter space, and get rid of old posters, ornaments, and photos. You should keep away all the items you do not use daily into storage. You can keep away excess furniture in storage and make sure space appears bigger. In the hallway, you should clear away the coat rack and hide unnecessary products from the countertops of the bathroom. Also, keep the kitchen area clean with surfaces clear of tins, jars, and appliances. Make sure that you replace ragged looking tea towels and keep the bins clean.
Conduct a Thorough Research
Before the time to sell your house approaches, it is advisable that you look into the buyers in your area along with buy to let purchasers. This will give you a good insight into the property market and guide you on whether you have a good chance of getting the best deal or not. You should also keep in mind that the investors in your area would want to pay as low as possible and think of ways to haggle you down. However, others will love your property and be willing to pay much more.
You should consider asking your estate agent about the absorption rate as well, meaning you should know the duration it takes for similar properties in that area to sell. Along with the absorption rate, you need to consider other factors including:
- Sale type
- Date of the sale
- Home type (terraced, detached, flat, etc.)
- Square footage
- It’s location to nearby facilities
Before you sell your house, you should know that it will generally take a longer time to get the best possible deal. However, you stand a better chance of selling your property when you present it well to the prospective buyers.
You should also consider carrying out external and internal repairs like attending to the paint of the outer walls before you put it up on the property market.