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You Can Still Move During A Downmarket

Author : Brazg Gavin


Don't inflate the price of your home! It's pretty obvious when the market is down, the price tag on your house has to be as well. This is a fact that you may not want to hear. If you paid ?300,000 for a house, you don't want to sell it for less. But, a down market is a time when you have to compromise: this starts with the price. This doesn't necessarily mean you have to cut The cost significantly, however do not aim too high, not even to start with.

Look into the competition: You are not the only person in the UK selling your property. Chances are, you aren't even the only person in your neighbourhood selling a house. As opposed to just letting the competition get on with it, look at what they are offering. Are they doing something creative that you didn't think of? Are they having open houses complete with live bands? Are they offering a fully equipped gaming room, or perhaps have a hot tub that they are throwing in with the price? Go searching and get some ideas. You won't only learn what sellers are doing, but you will also see what buyers are searching for.

Keep the house looking great: It's difficult to keep your house clean, gleaming, and looking like new, however when you are trying it, your house has to look its very best. This not only means you need to clean and scrub prior to scheduled showings, but it's also wise to keep the house sparkling when showings aren't planned. You simply never know when someone might be in the area and show up unexpectedly.

Be prepared and organised: In a down market, you - as a buyer - need to be ready to rock and roll: before you even think about selling, ensure that you are ready to commence the entire process. This not only means you should clean your home, fix items that are broken, and upgrade items that are rundown, however, you also need to have a solid move out date and a solid move in date for your buyers. All your financial T's ought to be crossed and your I's dotted. Anything that causes you to delay a sale may also cause you to lose one.

Offer buyers incentives: Sure, a low price may be incentive enough for some buyers, but others might be holding out for something more. This is where creativity can definitely take over. Perhaps you have rugby season tickets you don't really use, maybe you have a time share in Spain that you just don't visit enough, perhaps you have a restored Spitfire you've been contemplating putting up for sale. There are a ton of incentives that talk to the heart of the buyer; be creative and see which one speaks to yours.


Author's Resource Box

Now that you know the challenges you face in the current property market, visit the our website and read our expert guide on how to find cheap conveyancing quotes.

Gavin Brazg is editor of www.TheAdvisory.co.uk - UKs largest free resource of free expert advice for property sellers.


Article Source:
Articlebliss

Tags:   sell house, sell house fast, sell property, sell and rent back, property valuation, stop repossession, house buyers, conveyancing, solicitors fees, estate agents, sell house privately, sell property online, best mortgage deals

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Submitted : 2010-11-08    Word Count : 870    Times Viewed: 440