Buying and selling houses are a natural part of life. One that many of us spend years hoping to reach. After many years of renting, buying your first home can be tremendously exciting, if not a little scary. There’s a lot to think about, and the process can be tricky. But, if you ever get to the point of selling that house, in order to move to a new, bigger, home, you’ll find that that first purchase was a walk in the park.
Going from renting to owning is hard, but there’s no chain to hold you back. You might be waiting for the current owner of your new house to finalize their next purchase, but there’s nothing on your end. If you are seriously looking at houses and making offers, you’ve got your deposit ready, and perhaps even an agreement in principle on a mortgage. You know what you can afford to spend, and you are only looking at homes in your price range. The money that you need is ready.
With your second purchase, things can become more complicated. The deposit for any new house you may wish to buy is often tied up in the home that you already own. You need a sale before this money can be used. If that sale falls through, you are suddenly left without the funds required to complete on your next property. When this happens, it can be tempting to reduce the asking price. But, that can mean you will no longer be getting enough money to buy your new home. This means you either need to look elsewhere, or increase the value of your mortgage, which may not always be possible.
Another option is selling quickly. Sometimes, you just don’t have the time to show people around and take your time to find the right buyer. You need things to move on. You need to get a fast sale at a good price. Here are some tips that will help you to get it.
Attracting Buyers, showing them around and waiting for their decision takes time. Doing it that way can mean that you get a better price, especially if a price war ensues, but sometimes, it just takes far too long to meet your needs. Instead look at selling to a professional home buyer service. This isn’t the right answer for everyone, but it can make the process much faster if you need the money quickly.
Make the Right First Impression
First impressions count, and when it comes to selling a house, you’ve got two chances to make one. First, you need to look at your online listing. Getting the photos and description right is essential. Take the time to make sure your home is clean, tidy and well presented, while still looking homey and welcoming, instead of cold and unloved, before taking photos. Make sure the light is good, you photograph your rooms from the right angles and that they look great. You should also post as many as you can, and add a floor plan to the listing. If a room is mentioned in the listing, but there isn’t a photo, people will wonder why.
Then, you get another chance when viewers first see your house. Ask yourself how your home looks from the outside? Is it inviting? Does it look like somewhere people would want to live? Mow your lawn, tidy your driveway, jet wash your pathway and consider giving your front door a fresh coat of paint.
Sell at the Right Time
Of course, this isn’t always up to you. But, if you’ve got a choice, you should find the best time to sell your house. Generally speaking, spring and fall are the best times to sell, as the market is busier, with more potential buyers looking for properties. In the winter, nothing looks as good, everyone is too busy with the holidays to consider a move, and no one likes the idea of a moving day in bad weather. In the summer months, families are too busy with vacations and time off school to be able to move.
Get the Right Valuation
It can be tempting to put your home on the market for more than it’s actually worth. You want to get as much as you can for it, after all. But, this often puts people off. Reducing the price gets more people interested. This can eventually drive the price up even higher. At the same time, however, you don’t want to price it too low and miss out.
If you are aiming for a quick sale, you probably won’t have time to take on any large decorating projects. Nor will you want to spend a fortune on the cosmetics of a house that you are about to sell. But, a fresh coat of paint can work wonders. Simply painting your walls can make your home look brighter, sharper and like it needs less work or TLC.
Stick to neutral colors like creams and beige. These make it easier for viewers to imagine their own possessions, furniture, and décor in your home.
Change the Light Bulbs
Light is key. Good lighting and natural light sources are often at the top of buyers wish lists. This is another reason that selling in the spring is a good idea. The natural light in your home will be better without you doing anything. Changing the light bulbs will help, however. It can also be a good idea to add lamps to darker areas and to make sure they are switched on when anyone comes around.
Tackle Small DIY Jobs
Small DIY jobs like tightening cupboard doors, fixing dripping taps or resealing sinks can go a long way to making your home appear to be in great condition. Without taking you too much time or costing too much money.
Clean and Declutter
Cleaning and decluttering your house before anyone comes to see it can make it look more spacious, brighter and more open. It’ll also give you less to do when you need to pack up and ready for your own move.