There are many external factors at play when buying, selling, or renting property.
As a home seller, you obviously can’t control inflation, interest rates or any other economic factors that affect the real estate market – but you definitely can influence the reaction that prospective buyers have to your specific property. The following are some of the important factors to look at when selling or renting your property-:
1. Do not try to sell your home yourself
The truth is that most private sellers do not succeed and end up wasting a lot of marketing time before turning to an agent for help anyway. Some of the problems they commonly encounter are overpricing, unqualified buyers, and dishonest and even dangerous individuals visiting their homes in the guise of prospective buyers.
2. Take time to choose the right agent and give them an exclusive mandate
Consider which agent is offering you the best marketing plan, has the most up-to-date information about price trends in your neighbourhood and is committed to helping you sell. Do not make your choice based on which agent suggests the highest asking price for your property, as this could just be a strategy to flatter you and secure your mandate. The agent you want is the one able to back up a suggested asking price or estimated selling price with proper information about the prices that have recently been paid for similar properties in your area
Contact our professional agents at Goldivax property for a comprehensive and free property valuation.
3. Aim for a great first impression
Even though the majority of prospective buyers are shopping online these days and will often select homes to view based on the listing photographs, they want it to look the same way when they arrive in person. They will in most instances not look beyond cluttered counters, dirty dishes, unmade beds and grimy baths to try to discover the ‘hidden treasure’ that lies beneath.
if you want them to see your property as their dream home, you have to help them by presenting it in a pristine state that makes a great first and second impression, otherwise, they will quickly just move on to their next prospect.
4. Do not “hover” during viewings
You will naturally be anxious to hear what prospective buyers think of your home, but your presence during a viewing is just likely to make them uncomfortable and keen to leave.
But if they can look around at their own pace and ask your agent some questions without you listening in, they are much more likely to stay awhile and discover all the great things about your home that you’d like them to notice
5. Be flexible when considering offers
Price may be the most important factor in a home sale, but sellers need to remember that it is not the only one. Similarly, it may be worth considering a lower offer from a buyer who can pay cash or has already been approved for a bond, because it will save you time and money. Or it might be important to you to be able to negotiate your relocation date with your buyer to fit in with a job change or the end of a school term
So before you reject any offer out of hand, discuss it with your agent and consider all the pros and cons.
Need more insight and information of how to sell or rent your property? Please do not hesitate to contact our property professional on [email protected] or call/whatsApp 0820908190
