Deciding to sell up and move onto your next adventure is a big decision that requires a lot of thought. Most importantly, there are several tasks that you will need to complete before your property hits the markets. Here are some of our tips to help you prepare your property for sale.
KNOW HOW YOUR LOCAL MARKETS WORK
You need to have an understanding of how the local property market shifts so you can know how your property might be received when it is listed. Some markets move very quickly, others are a little bit slower. You need to have a clear understanding of what might happen with your property – there is the possibility that you could see a flood of offers but equally your home could sit on the market for months with very little interest. Whether you will be entering the Malaysian property market, the Australian one, or the American one, it is important that you do your research to find out how your property might be received. There are so many nuances to each market, and you need to understand where you stand before you dive in and put your home up for sale.
FIND THE RIGHT BROKER
Just as you have to find the right resources when you are buying a home, so should you be looking for the right partner when selling. The right real estate broker is going to be able to advise on how much you should list the property for, and some of the marketing techniques that might work best for getting it the most attention possible.
For example, many homes sell nowadays with the help of short videos that explore the home. They can give more of a sense of space compared to traditional listing photographs. They can also be a fantastic way for someone far away to learn more about your property even if they can’t visit in person. On top of this, the broker will be one of the key figures who can help you with negotiations on the final price. If you get an offer that you want to counter, the broker can help you come up with a good strategy to get a price that you would be happier with overall.
IDENTIFY SOME AREAS FOR IMPROVEMENT
Do you want to try to boost your property’s price before it goes on the market? By making some careful upgrades in and around your home, you might be able to sell it for a much higher value than you initially thought.
Some of these might be obvious improvements to make. If you have been in your home for a while, there are going to be some areas that are more tired than others. Repainting the walls and potentially changing the floors might be a quick way to refresh your home and make it feel like new once more.
However, you might decide to make some further changes to your property. Kitchens and bathrooms are quick and easy ways to make an improvement to your home’s price. If yours are in need of modernisation, switching them out will be a quick and easy way to boost your price. If you do decide to make some changes, don’t blow your budget in a way that you won’t see reciprocated in a price increase!
Yes, this is your home, and you will no doubt have made many happy memories here over the years. However, you now need to focus on creating a fantastic environment for someone else to live in. This means that you are going to have to get rid of some of the trappings that make it your home.
You do not have to completely strip your home of any personality that it might have, but you should definitely think about getting rid of some of the more unique decorative choices. Painting over brightly coloured walls and making things a little more neutral and classic will definitely be a good idea, and might make the property more attractive to a wide variety of potential buyers.
Preparing a property for sale is always going to take time and some effort on your part. If you are searching for just a quick sale, you could get away with just putting your property straight on the market and getting any type of offer through. However, if you have a little more time to sort things out, your property might benefit from a few key improvements here and there. You will no doubt want to get the most interest and the best offers possible from the property’s listing, but this will require a little work on your part. With the right choices, your home will soon be on the market, and it should not be too long before you get that first offer!
Thank you so much for reading! – xo N