Last year property demand surged, as buyers rushed to capitalise on the Stamp Duty holiday and repeated lockdowns left many people wanting to move. With Stamp Duty set to return in April 2021 and restrictions set to continue, it’s likely to be another busy year in the property market. With this in mind, we’ve put together some tips showing you how to sell a property fast.
Make your home look its best
Clean your house and clear any clutter (including the front and back gardens, if you have them). If your property is messy and covered with personal belongings, it can be difficult for a viewer to imagine their ideal version of it, making them less likely to buy.
In addition to cleaning up, you could invest in some home improvements, such as installing a new fireplace or redecorating a room – however, first check with an estate agent if this would be worth the cost. If not, some DIY work, such as hanging new wallpaper or replacing a light fitting, could give your property an edge.
When trying making your house stand out, consider how the pandemic has changed what people look for in a living space. Home-working is now common, and therefore an office is highly desirable for many buyers. If you have one, make sure it’s clearly stated and pictured in your listing, and ensure it’s optimised for working in. Perhaps you don’t have a purpose-built office, but do have the space for one – if so, you might consider transforming it before you sell.
Set the right asking price
Overvalued properties take longer to sell, which in turn creates more problems, because a property that has been on the market for a long time is less attractive to potential buyers. It also reduces your chances of capitalising on the Stamp Duty holiday.
To avoid this, think carefully and research similar properties that have recently sold in your local area. Then, ask some estate agents to value your property. It’s wise to obtain several valuations from different agencies to gain a figure you can be confident in.
Reassess your approach if necessary
If your property isn’t selling, you should try to find out why. Talk to your estate agent about this. Are there any desirable features that aren’t being advertised well enough? Or something specific you can address that’s holding back potential buyers?
Alternatively, you might need a new estate agent. If you’re considering this, it’s best to act quickly – there is often a set notice period you must give your current agent before another firm can re-list the property.
Selling your home? Mistoria Estate Agents can help
With everything else going on at the moment, selling your home brings added unwelcome stress. We are a professional estate agent in Salford that’s here to provide expert guidance on how to sell a property in 2021 and beyond. Whether it’s developing a marketing plan or handling all the complex paperwork, we have the experience and knowledge you need. To find out more, call us on 0800 500 3015 or use the details on our contact page.