Finding the best time to sell a home is always tricky. If you rely on statistics and monitor trends, experts would often suggest that there is really no perfect time to do it, as your success depends on your strategy. The housing market remains relatively steady despite some uncertainties and seasonal wobbles. The good news is, if you are planning to sell your house anytime soon, you do not need to panic.
According to a top listing website, it takes approximately eight weeks for a property to receive an actual offer and another 12 to 13 weeks for completing the sale process. One strategy that many sellers consider these days is to hire an online estate agent to help them find the best price for their property and at the same time facilitate the sale as soon as possible.
Depending on the location of your property, you may only get a small share of the buyer market; hence, the importance of competitive pricing. This is especially crucial for high-level or expensive properties. But if you get carried away and obsess over the price of your house, it will further impede the sales process. Get a comparison of at least three independent valuations of your property before you decide. By comparing several estimates, you can arrive at a price you are most comfortable with.
Do not spend too much on alterations
Improving the appearance of your home does help in speeding up the sale, but it does not mean you need to break the bank and do a complete overhaul. Sensible alterations will make a difference but do keep it simple. Buyers typically look for a property that is well-maintained and clean. Pay attention to small details such as whether or not all lighting fixtures are working, and there is no peeling wallpaper or paint, chipped flooring, or leaky taps.
Compare estate agent prices
If you have decided to work with an online estate agent to sell your house, you can use comparison websites to choose the best service and reasonable price. Online estate agents offer additional services that conventional high-street agents do not. So, make sure that you are taking advantage of these tools as well.
Prepare your paperwork
You can speed up the sale process and decide on the best price for your property when you know all the costs involved by preparing relevant paperwork. For example, since you need to provide an EPC, get one ahead of time or check if you need to provide a new one.
Manage all miscellaneous costs
Do not let expenses get out of hand before you sell your property. As much as possible, keep a close eye on how much you are spending so that you can at least get a reasonable profit after the sale. Calculate all the charges involved such as legal fees, estate agent fees, removal charges, and costs associated with improvements. Look for areas where you can save money, without sacrificing on the quality of the service you are getting.