Buying a property can be complicated, and so getting it right is pivotal to speeding up the process. Whether you are a first-time buyer, or an experienced home owner, our Guild agents are here to help. We have collected our secret tips to help you sell and move in before the holidays.
1. Preparation
Preparation is always key when it comes to selling your home. Simon Davies from Norman F Brown said: “Make sure your photos are taken before Christmas decorations go up and be prepared to accept viewings. Don’t put off launching your home until spring as lots of properties are launched in the new year and it may get lost amongst other properties.
Statistically, most homes take on average 10-11 viewings to sell between January and November. In December, that drops to four or five viewings as the quality of the buyer increases. The busiest week of the year on the internet is Christmas time as the vast majority of people are off work.”
John Newhouse from Roseberry Newhouse said: “With an antiquated conveyancing system, having all your paperwork relating to your property prepared in advance will help speed the process up. Choosing a property with no onward chain will also significantly improve your chances of getting moved quickly.”
2. Is the price right?
It may seem obvious, but ensuring your property is priced correctly and competitively will save you a lot of time in the long run. It is often overlooked by many and is one of the primary reasons for a slow-moving property. Your agent will give you the best advice based on the market and current demand.
Steve Wayne from Benjamin Stevens Estate Agents said: “Listen to your agent. If you are being advised correctly, then it shouldn’t matter what time of year you are trying to sell. If your agent is working hard for you then there should be no ‘quiet periods’ in the housing market. Make sure your agent is marketing your property on all the online outlets as well as their own social media outlets. The idea is to catch a buyer before they start thinking about festive spending.”
3. Make sure agents have immediate access
When conducting viewings, it is imperative that your home is accessible for the agent to arrange these appointments. You never know who might want to view your home last minute, or when you are unavailable to the agent.
4. Present your property properly
Stephen Wayne from Benjamin Stevens Estate Agents said: “It may seem a tiny detail, but nothing puts off a potential buyer more than seeing little things that already need fixing, so make sure all the light bulbs work and your curtains are open if it’s during the day or lights are on during the late afternoon. If a buyer’s first impression is that the property is dark, then within 20 seconds the rest of the viewing is often pointless as this is the lasting impression they have.
To ensure you’re in your new home by the end of the year, have a good de-clutter. Clear out any stuff you’re not proposing to take with you when you move. Remove anything hanging on or placed behind doors. If a door can’t be opened fully, it gives the illusion that the room is smaller.”
5. Have an efficient solicitor
The more efficient your solicitor is, the quicker you can get things moving. There’s nothing worse than waiting weeks for paperwork, or lack of communication. You could save a lot of time once an offer has been accepted if you are organised.
Aimee Fancourt from Wooster & Stock said: “Instruct a solicitor and provide all the necessary identification and initial paperwork. This way your solicitor can prepare the contract pack in advance and it will be ready to send over to your buyer’s solicitors once you go under offer. This could potentially speed up the process by two weeks.”
Jonathan Keegan from Bryan & Keegan said: “Have quotes ready and your questionnaire forms filled out in plenty of time. From experience, it is money well spent using an established solicitor rather than looking to save a few hundred pounds.”
6. Sort out your mortgage provider
Your estate agent can put you in touch with the right mortgage provider, or you can do the research yourself to find the best for you. Your mortgage provider will talk you through the steps of getting a loan and calculating how much you can afford for your property.
article by www.guildproperty.co