There’s no doubt that the property market, like many parts of our economy, is facing challenges at the moment. Uncertainty about Brexit is causing some concern. However, that doesn’t mean its all doom and gloom.
People still move house, whatever happens in the economy
According to research by AA Mortgages, the top 5 reasons for moving home in Q2 2018 were:
- Work – either a change of job or to be nearer work
- Saving money – looking for a cheaper area
- Expanding family – starting or extending a family, with the arrival of a new baby
- New surroundings – moving away from a neighbour or area they don’t like
- Family relationships – being closer to family
All of these reasons still exist, whether house prices are rising or falling. The biggest issue in our local area of Hampshire for many years has been the lack of supply. Due to our excellent commuter links, schools and leisure facilities, properties are still highly sought after.
So, if you are planning to sell in 2019, what can you do to maximise your chances of success?
Here are our top tips for success:
- Really think about your reasons for selling and what you want.
Being focussed on your goal can help you during what can be a stressful process. Do you really need to move house? If so, why? What does your new property need to deliver?
- Be realistic about your price
It’s your choice what price you market your property at. Estate agents will advise you on what they think is a suitable valuation. You might be prepared to sit at a high price and wait, but if you are motivated to move, considering a lower price to maximise interest may be a better approach. The right estate agent will then be able to work with those buyers to get the best possible value for your home.
- Choose your estate agent carefully
We always recommend getting at least 3 estate agents round to value your property and talk you through their fees. Check what their terms and conditions are, so you know what notice period you are signing into. Don’t expect to pay more than 1% or agree to anything more than an 8-week contract, to give you maximum control. If you are considering an online estate agent, check whether services like accompanied viewings or For Sale boards are included, so you don’t end up facing unexpected costs.
- Prepare your home for sale
Particularly in winter, it can be hard to make a property look at its best. But you’ll be amazed what a difference a good clean and tidy up can make. Try and keep spaces as light and clutter free as possible, to allow viewers to see themselves in your space. If your property appears well looked after it gives prospective buyers confidence that they are buying a quality property that won’t cause them issues further down the line.
- Get solicitors in place
Did you know that around one in three property sales fall through within the first few weeks? Being proactive about moving a sale forward can help increase trust at a vital time. Research solicitors as soon as you have put your property on the market and get approximate costs so that you can budget accordingly and be ready to appoint someone as soon as you agree an offer.
At Check 4 Houses we are passionate about providing a professional, reliable service which is as stress-free as possible.
From our head office in Fleet, we sell properties in Fleet, Farnborough, Aldershot, Basingstoke, Camberley, Yateley, Farnham and beyond. We can sell your home from just £699 or 0.5% +VAT – saving you thousands in agency fees.