Five smart ways to sell your property
Find out how to prepare, present and promote your home on sale. By Graham Norwood.
Ignore cliches about fresh flowers and the smell of coffee. In today’s market, vendors need genuine advice from experienced property professionals on how to best prepare, present and promote their home on sale. London Property asked five of the capital’s top experts for their views as the spring sales market gets into full swing.
1. External Preparation Is Key: “Get this part right and you’re half way there. Leave this part out and you’re in for a long, slow sale process,” warns Miles Meacock of Strutt & Parker’s new Notting Hill office. He says basics like cleaning windows, painting the front door and rectifying any major outside decoration defects may appear cosmetic but are absolutely vital. If you have a driveway or lawn, ensure it is meticulous at all times.
2. Internal De-cluttering Really Matters: Avoid bedrooms looking like junk stores and ensure the garage truly has space for a car. “Never have too many objects as this can give a false impression about size of space and make people form an instant dislike if they can’t see a room for all the objects,” suggests George Franks of Douglas & Gordon. Some agents can advise on this themselves, while others recommend you use a professional ‘home stager’ or ‘house doctor’.
3. Choose The Right Estate Agent: “Most estate agents have valuers – the person who will pitch for your instruction – and negotiators. It’s the negotiators who will meet potential buyers, not the valuers, so insist on meeting them and make sure you like their approach,” suggests Jo Eccles, Director of Sourcing Property, a buying agency in London. The best agents will offer professional photography of your home and will outline their approach to local or sometimes national media advertising – and set out what internet property portals their properties appear on.
4. Get The Price Right: Most estate agents say London’s market is strong but buyers are discerning and informed, so outrageous asking prices simply delay and deter. “We’re not in a bull market. Do your research, take advice from an agent you trust and don’t get carried away. There are very few wealthy buyers who are foolish. So overcook the price and you’ll miss the market,” warns Roarie Scarisbrick of buying agency Property Vision.
5. Finally, Be Ready For Your Own Purchase: Your estate agent will concentrate on marketing your home so you can spend time appointing a solicitor, anticipating any problems thrown up by survey findings and local council searches and scouring for your next home. You should be prepared to move rapidly yourself if it helps entice a buyer. “Get a long-term fixed mortgage as soon as you can to make sure you are in a position to buy, too,” advises James Grillo of Chesterton Humberts.
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