The latest statistics from the National Association of Estate Agents (NAEA) indicate that competition in the housing sales market is increasing.
With that in mind they are urging sellers to make the most of their homes to help them sell, with these tips:
Seek an accurate valuation: With competition on the increase, it is crucial to ensure that the valuation placed on your home is competitive in current market conditions.
As well as potentially decreasing the chance of selling your home, an inflated asking price may result in mortgage providers refusing finance for would-be buyers if they believe the valuation is not realistic.
Energy efficiency: As heating costs rise, many households are making their homes’ energy efficiency a priority. Despite the return of warmer weather, some buyers may use an Energy Performance Certificate (EPC) as a bargaining tool when looking to negotiate down the price.
Taking simple steps such as installing draft excluders or improving the roof or boiler insulation are a few simple ways of improving energy efficiency before a sale.
Show off your best bits: In NAEA members’ experience, it is regularly the smaller and often overlooked factors which actually help secure a sale. Often clearing up clutter is one of the best ways of increasing the saleability of your home. Making sure that the garden is well presented and redecorating are also factors which are likely to improve the attractiveness of your home to would-be buyers.
An open day is another useful way of showcasing your home to several buyers at once, which minimises disruption.
Refresh, review and repair: If necessary, re-paint key rooms like the lounge and kitchen. Neutral decor generally appeals to buyers .