Selling your home, particularly in a competitive market, can be quite a daunting experience. Which agent do I work with? How much should my asking price be? Is now the right time to sell, or even buy? With summer now in full swing, now is the perfect time to start thinking about spring cleaning your property portfolio come the New Year. The only problem is that other people may have the same idea. To be successful in Australia's competitive housing market your home has to stand out from the crowd. To help you on your way here are our pointers for getting the best price for your home… whenever you choose to sell.
Timing Is Everything
The thing about the property market is that there will always be people that will need to sell or buy a home at any time of the year. Therefore, it's worth keeping that in mind when preparing to list your property. When is the best time to sell your home? This is dependent on many factors, so it is worth researching your neighbourhood, checking previous property sales history in the area, and any aesthetic appeals that may affect the sale. For example, do you live in a beachside suburb which means that come warmer weather your street is packed with cars on a weekend? Does your suburb attract a lot of tourists? Does your front lawn get parched in the warmer months, but receive great sunlight and the perfect amount of water during winter? Weigh up your options and strategically list your home for sale at a time that will benefit your back pocket.
Do Your Research
Thoroughly researching the housing market that you are selling your home in is crucial before getting a professional evaluation. Keep a close eye on property websites for sales in your area and advertisements for properties to get a clear picture of what your home is worth. Undercover research is also very useful – pretend you’re a home buyer, and attend local auctions and inspections to get an insider view of what your home could be worth, and the current conditions of the market. It’s also a great opportunity to talk to local agents, and see if the price is negotiable for a realistic insight into whether you are being over or under quoted for your home.
Team up With The Right Agent
It is important to find a real estate agent that fits you. The wrong one – be it through inexperience or having different values and expectations – can be a costly exercise. Ensure you know your agent, and don’t hesitate to check out their sales histories and credentials. Likewise, make sure your agent knows their stuff, including a detailed knowledge of comparable sales in your area. It is just as important for you, as the seller, to then take a step back and let your trusted agent do their job. Selling your family home is quite an emotional experience, filled with a lot of sentimental importance. Therefore, it is imperative you remain realistic throughout the sales process – be wary of getting too emotionally invested and subjective when selling your own home. You are selling it because you no longer want or need to live there.
Style Your Home
Don't underestimate the power of a bit of interior styling when you are putting your home on the market. You can significantly increase your chances of selling if inspectors are able to clearly envisage themselves living there. This may include removing family photos to coating the house with a lick of white paint and using neutral fabrics wherever possible. The little details matter when you want to sell your house.
At Advanced Wealth Property, we strive to provide a level of service above and beyond our client’s expectations at all times. Need advice on maximising your property portfolio? Just ask us! We have a dedicated team with many years of experience in property investment, producing quality house and land packages for our clients, as well as property management services. We can even introduce you to our extended list of property specialists. Find out more about the potential of your property portfolio, and contact us today.