Word on the street

With such a shortage of property available, the general consensus amongst agents is that now is a really good time to sell. Look for an agent with not only proven success in your area, but also one that shares the same passion for your property as you do. They will produce a brochure and organise the HIP for you if required. This can be done quickly and should only take about a week from when you first instruct them to act. The purpose of the HIP is to speed up the sales process once your property goes under offer. It provides your purchaser’s solicitor with searches and other information they would normally have to apply for, and gives the prospective purchaser clarity as to what they are buying.

Don’t change a thing
When thinking of selling, agents are generally of the opinion that it is best to sell most properties as they are. Although it is important to make sure your home is clean and clutter free, it is best to consult an agent before making any changes. Most buyers will wish to put their own stamp on a property and personalise it to their own style anyway.
Many buyers drive round areas they might consider living in, so a For Sale board will help attract would-be purchasers and make the house easily recognisable for viewings.

How much will it cost?
Fees vary, but most agents will have a standard sole agency fee of around 2 per cent of the final sale price plus VAT.  Remember, as with everything in life, you get what you pay for. Other factors to consider are solicitors’ fees and possible redemption penalties on any mortgages held against the property.

How long will it take?
The time it will take to sell your property is extremely difficult to determine. However, if you are looking to sell quickly, then it is imperative to price the property realistically and not to be too ambitious. Your agent will be able to advise you accordingly. They will advertise your property through various means and liaise with prospective buyers for you. The most important thing is that they speak to you on a regular basis and continually keep you informed of developments and what they are doing to try and sell your property.

Top Five Tips for selling:

1 Instruct an agent you can trust, is knowledgeable and has proven success in your area. Do not choose an agent based solely on price and fee.
2 Price your home realistically in conjunction with the current market conditions.
3 Use a high quality brochure with professional photography. After all, this is your shop window.
4 Make sure your brochure has a measured floor-plan.
5 Have a For Sale board.

Members Comments

• Comment by: daverats 04 July 2010 - 17:01

  So out of date!

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