Selling your property can be both an exciting and stressful time so we've put together a step by step guide to help make the process a little bit easier.
Amco Management are a well-known and respected local company who's involvement in the community stretches far beyond their obvious success in the selling and letting of properties. Amco Management strive to provide an honest and competent service to our customers, in order to maintain our high standards and deliver what we say we will.
If you're looking to sell your property and are looking for a trusted local and professional agent you've come to the right place.
Below we have put together a handy guide to help you on your way if you are thinking of putting your home on the market.
1. Get your finances in order.
The first thing you will want to consider is your finances.
If you are a first time buyer you will need to speak to a mortgage provider to understand what options are available to you.
If this is not your first time buying a property you will want to speak to your mortgage provider, let them know you are considering selling and find out if you will receive any penalties for paying your mortgage back early. If you are thinking of purchasing a new home consider the kind of mortgage you will require for that purchase and speak to your current lender for further information on mortgages you are eligible for.
2. Is your property on the market?
If you are selling your property it is likely you are looking for another one. We would recommend putting your property on the market before you start looking for your new home. Starting to get an idea of the areas you would like to move to is one thing but losing your dream home because your house isn't on the market yet is another. Save yourself the heartbreak and get things moving in the right order.
3. Multiple valuations.
When selling your home it's a good idea to get multiple valuations done on your property before you decide on an asking price. You also have the final say on the price you decide to sell at, the estate agent is there to guide you but the decision is ultimately yours.
It's a good idea to keep stamp duty brackets in mind when you're selling your home and remember that buyers will normally try to negotiate a discount on the asking price, consider this when setting your sale price.
4. Trusted agents.
When choosing the agent you would like to represent you in selling your home consider these areas:
Are they local? - Local property professionals will be able to guide potential buyers not only around your property but they will also be able to advise them about the surrounding areas.
Did they communicate clearly? - You are looking for an agent who is able to communicate with potential buyers clearly and effectively. You don't want a potential buyer to be out of viewing your property due to a bad service by the agent.
Were they well presented? - And did they conduct themselves in a professional manner? You want your potential buyers to feel confident in the agent and in turn trust the information they receive from them.
5. Preparing your home.
Staging your home is very important.
In the first instance when staging for photographs you are creating an advert to attract potential buyers to view the property, the more interest you receive from buyers online will give you a better chance of obtaining a quick sale at a good price.
When staging for viewings you are creating an idea for the buyer - could they see themselves living in this space? Is it welcoming? Is it light?
Things to consider when staging your property:
1. De- clutter.
Clearing excess clutter from the property gives the illusion of space and allows the potential buyer to imagine their personal effects in the space. This is a fine balance, you don't want to remove too much so that the room loses all personality.
Light can seriously affect how a space is viewed, think about when you walk in to your room does it look light and airy or dark and dingy?
Consider a lick of paint in neutral colours or well-placed lamps and mirrors to give the illusion of space and light.
3. Touch ups.
We all have those small jobs we never got around to fixing - but these offending articles can be great bargaining tools for a potential buyer.
Common arears to look out for:
- Holes and chips in the wall
- Scruffs on the walls
- Broken tiles
- Missing/ broken door handles
- Cracks in plaster
- Torn carpets
4. Lick of paint.
A lick of paint can be a quick and easy way to transform your home, covering up scruffs and marks on the walls, it will keep everything fresh, bright, clean and tidy.
When choosing what colours to remember your favourite colours might not be to everyone's taste - think neutral and pale. Although creams and off whites are a go to favourite you can add a touch more personality by opting for pale shades of green and blue - very in colours at the moment.
It's commonly known that kitchens and bathrooms sell houses. That said we wouldn't recommend ripping out your kitchen or bathroom to upgrade - what's to say your buyer will like the new kitchen you opt for or the layout?
You can make these spaces attractive without forking out the big price tags.
Consider resurfacing the kitchen cabinets - this can freshen up the entire feel of the room without costing you a small fortune.
Likewise consider bleaching grout lines in the bathroom or even replacing the toilet seat.
When presenting your home to potential buyers consider these small finishing touches:
- Tidy sofa cushions
- Clear kitchen surfaces and no washing up
- Matching bedding and made beds
- Toiletries put away rather then filling the sides of the sink and bath
- Mowed lawns and tidy garden furniture
Selling your home can be an emotional time, for many your home is your biggest asset, find an agent that understands that and has your best interest at heart when it comes to your sale.
And remember any changes you make to the property should be objective improvements, anything else and you risk losing money in the long run.
If you would like to discuss the sale of your property and how Amco Management can assist you in the process contact the office today on 0161 7733978.