Are you thinking about selling your home in Briar Hill-Belgravia? Have you been thinking of selling it by yourself instead of hiring a real estate agent? There are several advantages of selling your home yourself, but there are disadvantages as well. To make it easier for you to make a decision find the most important pros and cons below.
The most important PRO for selling your home yourself in Briar Hill-Belgravia is MONEY. Selling your home without the help of an agent means more Money in your pocket! By selling it yourself you save the commissions and fees. – We are not talking about pennys, we are talking about THOUSANDS of dollars which you would have to pay an agent. Another advantage is that you are able to decide the times for open houses and showings. It is also completely up to you where and when you want to advertise. Unlike a real estate agent who is selling many houses, you can focus on YOUR house, because you are only selling your own house. It is obvious that you will have more interest in the sale than an agent.
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Every home seller wants to sell the house fast for the maximum price. To achieve this it is important to know which repairs are absolutely necessary and how to price it competitively to sell the house in the shortest time. By planning carefully and sprucing up the house professionally to maximize first impressions you can ensure a quick sale. You must get marketing tips on how to find qualified buyers and attract many offers to sell the house.
Best time to sell
Real estate markets generally pick up in February and the wave usually lasts till the end of June. This period is considered to be the strongest selling season. Another strong period is from early September to late November. Late November sees the market slow down due to the holiday season.
Avoid overpricing. The market situation also should be taken into account. The pricing should be in line with the prices of recently sold homes in the area as identified in the comparative market analysis report. Get purchase offers and make a counter offer and be prepared for multiple offers if you have priced the house right. After finding out what the house is worth by looking at the prices of other houses in the neighbourhood, you can price it 10% below them. This will help to sell your house in no time if it is the cheapest and newest in the market.
House should sparkle
After deciding to sell the house, make sure the house looks spic and span. Remove cobwebs, clean fan blades and wash the windows thoroughly. Side walks and exterior must be cleaned with pressure washer. Wax the floors; re-chalk the tubs and sinks and showers. The sinks and wash basins must be stain-free. Chrome faucets and mirrors should be polished. Dust all furniture and light fixtures. Clean out the refrigerator and vacuum the house daily. Fresh towels must be hung and make sure there is no smell or odour anywhere. Replace dirty and worn out rugs and curtains. Switch plates should be cleaned and sticky windows must be made to open easily. Trees should be pruned to allow natural light inside. Clean up the oily floor of garage and keep the walks, patio and derive ways clean. Mow the lawn and trim the bushes.
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Many homeowners each year make the mistake of thinking that any home improvement project is a good one in terms of adding value to their home. Unfortunately, this is simply not true. There are some home improvement projects you can take on which will not improve the value of your home in terms of the money you spend on the project and there are even other home improvement projects which can detract from the value of your home. If you think you may sell your home at some point in the future, it is imperative to make sure you know which home improvement projects to tackle and which ones to avoid.
The first thing to keep in mind when considering any home improvement project is that you do not want to outdo the neighbors. While the old adage of keeping up with the Joneses is certainly true to a degree, you do not want to exceed them. A home that is largely out of the price range of its neighbors is usually going to be more difficult to sell than a home that is in keeping with the rest of the neighborhood.
Two of the biggest mistakes you can make on home improvement projects is spending money on highly individualized projects and technological advancements. Avoid spending money on items such as saunas and steam baths. Such improvements might add to the value of your property but if the buyers viewing your home are not interested in these items you may find it more difficult to sell the property.
There are certainly some areas in which it makes more financial sense to focus your money if you are considering selling your home. Staging is one of them. Studies indicate that homes which have been professionally staged are selling faster and for more money than homes that have not been professionally staged. Luxury homes may even be able to sell for up to 20% more with staging than homes that are not staged.
You should also keep in mind the features that are most popular in homes right now. Kitchens and master bedrooms continue to rank high in importance with most buyers. Buyers are looking for master bedrooms which can serve as sanctuaries and have features such as vaulted ceilings and fireplaces.
The main key is to make sure that regardless of what types of home improvement projects you take on, you do not go too far. There is definitely something to the old cliché 'too much of a good thing' and that is certainly true in the case of home improvement projects.