Selling up? Here’s what you need to consider before doing so!

When it comes to selling a home, there is more to do and consider than meets the eye. For this reason, sellers must put together a checklist to make sure that all the must-do tasks that are involved do not slip between the cracks.

The current property market remains a buoyant one, prompting many sellers to take advantage and get the highest possible value when they sell their property. 

However, this can only be achieved with the right preparation. Here at Luxon Real Estate, we have compiled a checklist of what to do before selling up.

Declutter your home before putting it on the market

 In most circumstances, buyers are unable to see the full potential of a property if it is unclean and full of clutter.

To improve your chances of selling, you must ensure that the home is presented well. Decluttering the home and getting rid of unused items can help to free up space, as well helping to draw attention to those areas of your home that require work.

 Examples of this could include holes or peeling paint that requires a quick fix and could range from simple DIY tasks that are inexpensive to ones that require professional help. 

 Depending on the size of the home, as well as how long it has been owned, the time this takes could vary. Hiring a cleaning company to give the property a professional clean could set the home apart when it comes to first impressions.

 These improvements can help to give your home a new lease of life and create a welcoming space that interests a range of buyers.

Provide an up-to-date EPC

By law, an energy performance certificate (EPC) is required when selling a property. EPCs give buyers a clear indication of how energy efficient the property is.

Buyers are more eco-conscious than ever, therefore the higher the EPC rating the more likely it is to attract an increasing number of green-conscious purchasers.

Set aside a budget

When preparing a home before selling it, mishaps can arise which is why preparing finances beforehand is a must.

Knowledge of the potential costs of the property before taking the plunge can ensure that no additional costs come as a surprise. 

Conveyancing fees, estate agent commission, and mortgage agreement fees are only some examples of costs that are likely to arise. If the property requires additional work, this could cost a fair amount, depending on the extent of the improvements required 

Mortgage advisers are on hand to confirm the budget and provide an agreement in principle if you are buying and selling at the same time. 

Set the right asking price 

Asking prices can make or break a property sale, which is why setting a realistic price is one of the most important aspects of selling.

 Homes that cost too much can deter prospective buyers from viewing the property altogether while homes that cost too little leave sellers out of pocket.

 By researching how much similar properties in the area have sold for recently, sellers can get an idea of how much they should sell their homes for. 

 Characteristics of your property, current trends, and conditions of the local market all affect how much people are willing to pay. Although it is a lot to consider, estate agents have enough knowledge and local market expertise to help sellers decide the right price.

 

Choose a reliable agent

 Sellers who choose a reliable agent – one which is established in their location and the property industry itself - will help to make the selling process run smoothly.

 A reputable estate agent will have an in-depth understanding of the type of property that is being sold, the target market, and the marketing needs that are required to sell.

 In addition to this, they will also have a level of professionalism as well as great communication skills to keep sellers updated with the process and the way the sale is performing. What’s more, if there are any changes to the market, they can use their skills to help the seller navigate accordingly.

By thoroughly researching estate agents before committing to one, sellers can save time. Reading reviews online is an excellent starting point to get a feel of real-life experiences other sellers have gone through with the agency. 

Here at Luxon Real Estate, we have the experience and knowhow to help you get your home sold. We aim to offer a bespoke, personalised service to everyone who uses us.

We also offer a free and instant online valuation to enable you to work out how much your home could sell for in the current marketplace.

We operate throughout Essex, including in Brentwood, Upminster, Grays and Hornchurch, and you contact us here to find out more about how we can help you.

 

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