4 Important Tips for First Time Property Sellers

If you are first time property sellers, the whole ordeal of the property transaction can be daunting indeed. Plenty of first time home sellers come across pitfalls that they wish they had known beforehand to make the transaction easier and better. Selling a residential property can get complicated, with the uncertainty of the length of time before you lockdown a deal with a buyer and the price offers you receive, things can get tricky.

However, with these tips from experienced home sellers, you could avoid the many pitfalls in the process. Let’s take a look at the 4 most important tips for selling your home for the first time:

Keep the price real

You need to know that you will receive the largest number of potential buyers within the first 2 – 3 weeks of putting your house on the market and you need to be careful with your selling price so it does not scare any interested buyers away during this crucial period. The best way to set a competitive and real price is to survey the residential properties that are on sale in your area and observe the variations between similar properties. This will help you set a realistic and sellable price tag on your house so you sell your house faster and make a lucrative profit as well.

Hire a property solicitor

If you are selling your residential property, you need to undertake conveyancing. There are many reasons why you need a conveyancing solicitor. Your solicitor will keep you updated about all things associated with your property on sale plain and simple. They will make sure you have the peace of mind of having full information. Your solicitor will also ensure that the quoted house for the property is correct, and it’s the optimum value that the property could be sold for, taking into account factors like drainage, environmental searches along with other fees. By using online conveyancers, you will streamline the entire selling process for you so you don’t have to exhaust yourself.

Start fixing up defects without going overboard

It may be a leaky pipe or a heating and air conditioning system running on reduced efficiency, there may be many out of place things in your house that you may have been tolerating for years on end. Don’t expect the potential buyers to be cool about these defects though. All of these tiny fix-ups can make a significant difference. Firstly, it will make a good impression on the potential buyers visiting the house. Secondly, they will also contribute to the overall value of the house. However, refrain from doing a complete makeover. Only proceed with a renovation if your real estate suggests that it will add value to the house.

Once you decide to sell, commit to it

If you want to sell the property, you need to be fully committed to the idea. This means during the critical period of the first couple of months, you must make the property available for viewing to every single potential buyer who is interested. Don’t forget that once you have placed your property on the market, you can’t shoo away visitors. Making your house inaccessible during the first couple of months will increase the length of time it stays on the market, consequently reducing its chances of being sold.

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Photo Credit: Terrah Holly Jesse Vermeulen Josh Wilburne

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