Although the COVID-19 pandemic has caused much devastation and left many businesses struggling, the UK housing market surprised us with its mini property market boom. Many buyers are in a rush to move house before the end of the stamp duty holiday on 31st March.
There are predictions that this boom could die down, however there still has never been a better time to sell a property. Here are some tips on how to best do so.
Speed up the process
Transactions are now taking longer than expected, therefore you will want to beat the queue to sell your house as soon as possible.
You may consider renting somewhere temporarily should you find a buyer before a home for yourself, so the new owners can move into your property quickly. For quicker completion could be to sell at a property auction, or sell to a property investor who can make a cash offer in 24 hours and complete purchase within a month.
Look the part
First impressions are key, make sure the front of your property is looking its best for any potential buyers. With viewings in mind, complete any DIY tasks you can tackle, including cleaning carpets or repainting. Finally, try and keep your property tidy and clutter-free for any viewings.
The pandemic is still a huge part of our lives in 2021 and keep this in mind when selling your home.
Buyers will be looking for homes which offer good space to work from home and nice outdoor areas. Ensure your property is looking open and inviting, boasting any work from home areas you have. If you have outdoor space, make sure you have attended to it so it is looking attractive to potential buyers.
Virtual viewings are becoming the new norm in an attempt to help buyers narrow their search when it comes to selecting homes to view. As part of your listing offer a virtual video tour, this will help buyers and also could create further interest.
Consider options to increase your properties value
Last minute improvements could increase the value of your property. To make it stand out from others you may redecorate your kitchen or bathroom.
A big selling point which will help attract buyers is if you have planning permission for an extension before you sell. Especially as many people are now looking for more space.
Be fair with your asking price
Get more than one estate agents to value your property and do your own research into recent market activity in your local area to determine your asking price. If your property is overpriced it could stay on the market for longer and you risk it eventually becoming forgotten about. You will stand out to prospective buyers with a considerate asking price.
As buyers’ expectations have increased it is important you do what you can to help speed up the process and complete their transaction in the coming months.