When you want to sell a property, often there is a desire to have it sold quickly, if possible, so that you can move onto the next chapter of your life as free as possible, or to gather capital needed for another investment or purchase. However, rushing it can result in missing the opportunity to capitalise on that property as best as possible. Here, we’re going to look at why a little preparation can go a long way before you rush your property to market in 2024.
By Team Savant
Image: R ARCHITECTURE
Consider What Renovations and Repairs To Make
First of all, think of ways that you might be able to extract some additional value from your property. When it comes to repairs, you’re likely to either have to make them at the request of buyers who are savvy enough to perform inspections, or to knock the cost of repairing them off the price, so getting them repaired beforehand can often save you the back-and-forth of dealing with that. There are plenty of ways to add value to your home, you just have to consider the options, look at the investment they would require and, with the help of an estate agent, get an idea of how much value they would add to the home to see if it is worth it.
Make the Listing As Complete As Possible
If you want to make sure that you’re able to get as much as your property is truly worth, then you should ensure that every selling point is accurately represented, as well. When completing an online listing or working with a travel agent, taking great photography and highlighting the benefits of living in the area are both well and good. However, a complete building survey can help you ensure that the buyer is able to see every aspect of the property. Offering more details about the property’s dimensions and unique features can highlight aspects such as how much space it offers, which can be a major selling point.
Depersonalise the Property
While you might have fond memories of the property, it’s a good idea to start moving out of it while you’re selling, if possible. First of all, you want to start lessening your emotional attachment so that you can make more practical decisions when selling it. But also, people tend to prefer looking at homes that don’t feel like there is already someone living in them. By staging your property with rented furniture, for instance, you can make it look more like a show home, and the people who come to view that property might have an easier time envisioning what it may look like when they’re living in it, instead. You can start moving into your next property early or even consider rental storage for your own possessions.
Having an aim to get your property to market by a certain time is all well and good, but make sure that you factor time for preparation where possible with the help of the tips above. A little extra time might be all you need to maximise the value of your property.