Wednesday, June 1, 2011

Selling Your asset in 2011 - Tips to Help You Move Now

Ever wondered why your asset is not selling while your neighbors are? It may be that your estate agent is not being honest and telling you what you need to know. Some estate agents are afraid to offend you but if they do not tell you the truth and point things out that may hinder your asset selling, you can have as many viewers but it won't sell. The first thing to look at is price. Are you marketing your asset at a price that is higher than local properties that may even be larger properties? Is your asset in need of reparation but your price screams show home condition? The major presuppose properties do not sell is simply there are over priced.

This may be down to two things. Most sellers get valuations from two or more estate agents and a large estimate will go with the agent that tells them the higher value. This is a tactic used by a estimate of agents to collect a listing. However, you generally find that when there are no viewers the agents asks the distributor to reduce the price. By this time you have signed on the dotted line and tied to that agent for a estimate of months. One of the other reasons is down to knowledge, every person thinks they are asset professional.

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On valuing a asset two years at 135,000Gbp I was met with a very angry response from the distributor who told me the asset was of course worth 160,000Gbp. I then pointed out that we had sold the last 3 in the road for around this figure and other local properties were being advertised around this price. The distributor still wanted 160,000Gbp. On request why they plan the asset was worth this figure, I was told that her cousin was an estate agent in Canada and had done research that showed a value of 160,000Gbp. She had also sounded out friends who told her that the "delightful property" was worth at least 160,000Gbp. I pointed out that as Scottish sellers required to purchase a Scottish Home report this would have a value on it and it would be around my valuation and not her cousin's who was thousands of miles away. To cut a long story short she listed with someone else agent. The Home Reports Scotland valuation came out at 135,000Gbp, she is advertising it at 160,000Gbp and you won't be surprised to know it is still for sale.

So do you own research but if you are reasoning of selling make sure your anticipation on price agrees with the market. However, say you are on at the right price, getting lots of viewers but they are not biting. It is vital to get your asset in ship shape condition prior to the sale board being erected on your property. If your asset is currently on the shop or about to be put on the shop you should read this list below and arrange.

Get rid of clutter

Do you have tables, chairs, cabinets you never use but are taking up lots of space in your rooms? Take them out and store them somewhere else and all your rooms will look spacious. One of the main reasons citizen site for not buying is lack of space or small rooms. If you also have loads of personal ornaments or photos take them down and box them until you have sold.

Fresh & neutral is best

Neutral colours do sell property. If your home is full of your colourful walls and fancy wallpaper, it may put buyers off. Think repainting confident rooms/walls to transport brightness. Bathroom/shower surrounds must be cleaned or replaced. Think re-grouting tiles around these areas to make them shine.

First impressions count

A buyer will know within seconds if they love your property. Ensure that the front orchad is neat and tidy, paint or clean your front door. Bell not working? Fix it. Take the viewers into one of your best rooms first and try and desist the viewing off in one of your betters room. First and last impressions stick in buyers minds.

Clean, clean & clean again

This can not be overstated. Dirty marks on doors, walls, light switches etc will put buyers off immediately. Make sure your asset is spotless.

Never mention negatives

You may know that there is an area of your asset that is an issue but never bring the issue up yourself. You may think that the viewer will consideration an issue and therefore reasoning bring the issue to the fore and trying to deflect it will help, don't. If they raise and issue retort it honestly.

So get all the above done and then request a friend round to have a look round the property. Tell them to be honest about what they plan and act on this. This could be as dinky as move the bed the other way around or paint a wall, take their advice.

Selling Your asset in 2011 - Tips to Help You Move Now

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