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Golden Rules For A Quick Sale Of Your Property

Jul 23, 2008
Once you have put your property up for sale it is often the case that it will spend an age sat on the market. To reduce this time there are certain tactics and methods that can be employed. Ultimately you need to realise and recognise the prices of similar properties in the area and arrive at a valuation figure that is not only fair, but also attractive to buyers. It is the buyers that will determine the price of your property, no matter what you think of your home, unless the buyers see the same qualities as you, they will not pay an unreasonable price. Realising this truism early on is essential and by following these golden rules, your property should sell quickly, and for the right price.

Firstly it is important to have an understanding of the property market in the local vicinity. By studying the prices of properties for sale that are akin to your own you can gain an idea of how much you will receive for your house or flat. This research should include obtaining the literature for these properties in order to study their assets and features in detail. By understanding the competition it will be easier to attract buyers with a price that is attractive.

As a result of your research you will be able to deduce a figure that will be realistic and attractive. Deciding upon a minimum sale price is one of the most important factors when selling property; it is surprising how many sellers become discombobulated at this stage of the selling process. If you remember your research however you should be able to arrive at figure that is in line with similar properties currently on the market. Once you have decided a minim figure however you should advertise a greater figure, many will not pay the asking price so providing yourself with a financial buffer is strongly advisable.

After you have settled the financial aspects of putting your property up for sale it is time to focus upon the aesthetics of the home. Your work should always begin with the exterior as this is the area that buyers will see first on their arrival. Give the front door a lick of paint and ensue that the front garden is well manicured and you are half way there to achieving a presentable house. It can also help to clear the driveway of debris and even park your car around the corner to welcome the buyers and show that the property has plenty of parking spaces.

In addition to working on the exterior of your property having a quick clean up of the neighbourhood is an advisable course of action. You may get some funny looks from the neighbours but they are not going to be your neighbours for much longer so it isn't really worth worrying about.

If you have done all the above and you are still not getting any interest in your property do not be afraid to change tact; this can include changing the price or increasing your advertising efforts. When buyers come round to look at your home it is advisable to take on board their feedback objectively. Do not take it personally and try to focus on the points that arise.

By following this advice you should be able to achieve a sale quickly and for the right price. Remember to be patient however, unless your property is amazing the time spent on the market can be lengthy. If you have researched the local market thoroughly you should know the average sale time, once it goes over this you should step up your efforts and then you will be on your way quickly.
About the Author
Real estate expert Thomas Pretty looks into how property for sale can sell quicker by using certain strategies.
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