At recent market appraisals in and around Tameside, homeowners have one question they all ask in common. What is the market like?
In what has been a trying year for Brits and Mancunians in particular with the Manchester bombings, the challenges of successfully negotiating Brexit talks and the looming threat of North Korea all at the back of our minds, Manchester has remained as resilient as ever witnessing the biggest house price increases of anywhere in the country this year - and it’s fast becoming a sellers’ market.
The surge in growth in Manchester has seen prices up 8.8% on last year - the fastest rise in the UK according to Hometrack, which tracks house price movements across the UK’s 20 biggest cities.
Saying that, it really isn't as simple as putting up your own makeshift 'for sale' board and crossing your fingers and toes. Don't get me wrong, this has worked in the past and you may drop lucky once again but ask yourself: Am I getting my house out there to the whole market and ultimately achieving the best price? Below I have compiled a couple of helpful tips to get you though it!
1) Choose the right estate agent
Selling a house can be a stressful business and in this age, there are a number of options to choose from. Whether it be hybrid, online, high street or traditional - you've a number of preferences to get you going. You’ll want an agent with proven and up-to-date marketing techniques, who can pull in maximum viewings – all the while remaining good value for money. Look online and research various agents in your local area by asking for recommendations. Have a look at a companies testimonial page, their Google Reviews and of course social media; Facebook and Twitter is a good place to find independent reviews.
The fee you are charged will either be a percentage of the sale price or a flat fee. Either way, don’t be afraid to negotiate and let agents know what you’ve been offered elsewhere. There are a number of agents who will charge extra for additional services. Do you really want to pay extra for accompanied viewings or a replacement board? In my experience as a valuing agent, I like to be transparent. What you see is what you get - a fixed price fee with nothing upfront and nothing hidden.
If you want multiple agents to take the property on, it’s important to note that you may end up paying more than one fee, regardless of who sells the property. Therefore always read the conditions of the contract before you instruct an agent.
2) Increase your property's kerb appeal
A potential buyer could be put off even before they have set foot inside your front door if they are given a bad first impression. You want them to walk up the drive or path already feeling impressed and excited to see more.
So do what it takes to create that lasting first impression. Make sure the exterior of your home is up to scratch and if your front door or fence is looking tired, brighten it up with a lick of paint. Put up hanging baskets to add colour and if you have a garden plant some bedding flowers. Move bins out of view and clear away anything unsightly.
3) Have a clear out and polish!
Making your home attractive to a buyer needn’t mean an expensive décor overhaul. Chances are it won’t be to the buyer’s taste anyway and will be replaced as soon as they move in. But you should freshen up rooms with a neutral lick of paint in warm tones.
Make sure your rooms are clutter-free and as light and airy as possible. A mirror hung in the hall can give the illusion of space and a few vases of flowers or some plants can freshen up the house. Get in touch with us at S4L for a 'Home Staging Guide'.
A kitchen is a big selling point, so make sure all the worktops are clear and that it smells fresh and clean. If you do have pets, ask a relative or friend to look after them while viewings are taking place. While you love your furry friend, chances are your buyer won’t – or worse still, they may be allergic.
4) Get that screwdriver out!
Don’t forget the detail either. Chances are the buyer will be nit-picking as they will be looking at a number of properties and weighing everything up. So get around now to those annoying little maintenance jobs such as a long overdue light bulb change.
5) Most importantly, stay out of the way!
When potential buyers come to view your property, let them wander freely around the house with the agent. You want them to feel comfortable and as though they can spend time looking at each room freely. Be ready also to answer any questions after the viewing.
It really isn't rocket science selling your house but having the right team behind you, holding your hand every step of the way can make a massive difference. Get in touch with Space4Living on 0161 336 3030 to give you the upper hand.
Good luck with it! - David
Sources include: Manchester Evening News, MoneySupermarket.com