Selling your home and moving to a new home can be fun, but it can also be expensive and stressful.
To help homeowners looking to sell their property, Admiral Home Insurance has partnered with experienced real estate agents to share some of their trade secrets.
“Even though we all want to hurry home, it can be an overwhelming experience – whether it’s your first time selling the house or you’ve had one before.”
10 secrets to selling (and buying) homes
- Debug, keep it neutral, and invest small for big profits
“I sold the house at full price after it hit the market because we changed the color of the kitchen from blue to magnolia!” And it only costs £ 40 to carry out the transformation. It’s good to invest a small amount of money to see a big difference and sometimes enough to get the deal you want, ”said a senior director from Essex with over 22 years of industry experience.
- Do some research before choosing a real estate agent
“If you look at the various agents selling property in your area, you will see what the agents are doing well. The number of boards sold is distribution,” said the owner of the Suffolk Real Estate Agency.
- Avoid disputes with the seller about agency negotiation fees
The CEO of Essex advises buyers to pay attention to VAT as some real estate agents may not include this in their original number. He said, “Always think – and ask – will there be 20% on everything he’s going to offer me? Otherwise, the final bill might surprise you.”
- Get the price right
“Remember, more people equals more offers, which puts you in a better position because you have more to play for,” explained one Essex senior director.
“Put your property on the market at a really good price so you can attract more people. This is much better than having an overpriced property on the market and then cutting it down.
It’s worth it because you don’t have enough people wanting to see it. “”
- Know when to accept offers and when to wait
“If you own property on the market and, for example, open your first home and receive an offer, wait at least two weeks before accepting an offer,” said the senior director of Essex.
“Agents should always be there to tell you how strong the market is and how things will determine whether a property will still get a favorable response from buyers.”
- Communication is the key to a successful relationship with your real estate agent and faster sales
Current Suffolk real estate owners advise, “There’s nothing worse than not being able to catch up with a salesperson when needed. You need to be on the phone and on the other end of the line if you want things to move fast.”
- Shoppers are looking for more green spaces and home offices after COVID
Adds Dorset property owners, “By staying indoors when they close, they think about the space they have or don’t have and increase the importance of garden space for people to notice.” Renew and expand the outdoor space and access to fresh air.
“In addition, office and office space are now seen as important when people are working from home. This feature is clearly at the top of the buyer’s agenda.”
- Book books when the sun is shining and school is going on
“The best time or day to book a tour depends on where you are,” explains a Dorset property owner. “If there are certain times in the park where the sun is hotter, you should try to fix the gaps for that time.
“If the house is close to the school, you should not do any inspections when there is a possibility of heavy school traffic.”
- Basic Considerations for Buyers
One Suffolk property owner advised, “If you are a buyer, register yourself with any real estate agent covering the area where you will be moving. It’s important to have a memorable conversation with the agency and explain exactly what you are looking for and why.
“Keep in regular contact with them and don’t forget to take the phone when they call to let you know about the property.”
- Best tips for buying a house
When it came to the long-running war, a senior Essex director said, “You shouldn’t let your heart rule your pockets. You have to stick to your budget. Agents have to spend between £ 5,000 and £ 7,000 from the interviewer’s estimate to be.” “