Three Tips to Sell Your Property For More

Are you planning on selling your home? There are few things to keep in mind if you want to maximise the price you get for it. Here are three simple ideas to help you position your most valuable asset in its best possible light.

Presenting Your Property in the Best Possible Light

It’s understandable that when the time comes to sell your property, you’ll want to get a favourable price. If you’ve been living in your home for many years, growth in your home’s value will help attract a higher price than you initially paid.

While a nicely-presented property at open inspections can be incredibly beneficial, it’s important to also consider the long-term condition of property and complete regular maintenance. This way, when the time comes to sell, you can trust it’s in the best quality possible in order to reap the best price.

Pick the Right Agent

You might renovate your home to a standard that’s absolutely stunning, but it’s important not to forget the negotiation skills a good real estate agent can bring to the table.

While you know your home inside-out, a real estate agent can take this knowledge and actively promote it. From using websites and social media to newspaper adverts, there are many ways to reach buyers and obtain a better price for your home.

An agent’s ability to connect with a wide variety of potential buyers and demonstrate the liveability – or potential – of a property is an invaluable asset when it comes to selling property.

However, don’t overshoot the mark when you’re looking to obtain a great price. If you’re too greedy with your asking price, people may be turned off entirely. Buyers will deliberately make offers lower than your asking price, so be sure to ask for around five to 10 per cent more than you would be happy with.

Focus on Kerb Appeal

It’s no secret that people see the garden when they first enter the property. Even if your home has a lot of backyard space, it’s still important to spruce up the front lawn for a sale.

A barren garden or one that’s running wild with weeds could send a message to buyers that the property itself is unkempt or in bad condition.

Hiring landscaping services might be a good idea if your garden is a real disaster zone, but if it’s already looking somewhat tidy, a freshly mown lawn and some planter pots are simple fixes that make all the difference when it comes to selling.

Give the Prize Room Some Love

It’s often thought that the kitchen rates highly on potential buyers’ list of considerations, so ensure this space is fresh and full of light.

Spending money on your kitchen could secure a highly favorable price – just be sure not to overcapitalize. New floorboards or tiles can make a huge difference, while brand new cupboard handles are a small feature that can make a good impression.

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Understanding the Buying Process

Are you looking to buy real estate but are finding the process overwhelming? Here is a simple view of the key steps you need to understand to ensure your buying journey is as smooth as possible – from finding a home to, working out finance, getting a building inspection and making an offer.

Understanding the Buying Process

Are you looking to better understand the buying process?

Understanding the Buying Process

If you’re entering the property game with a view of buying a house, it’s worth getting a grasp of the process involved.

Wrapping your head around the buying process takes some thought, but once you understand it you’ll be a lot more confident when it comes to securing the perfect home.

There are different methods available when buying, depending on whether the seller chooses to go down the road of a private sale or an auction.

Sort Your Finances

In order to be perceived as a serious buyer and make an offer on a property, you’ll need to obtain loan pre-approval.

There are multiple lenders who offer loan pre-approval, so be sure to shop around before you settle on a loan. You’ll want something with a low interest rate, but you might consider other features such as an offset account or line of credit.

You’ll need to have a substantial deposit in order to take out a loan. The Australian Securities and Investments Commissions recommends saving at least 20 per cent of the purchase price, plus enough to cover one-off costs, such as stamp duty.

Browse and Inspect

Whether you’re an existing homeowner looking to shift to a nearby suburb or a renter that wants a change of scene and the taste of home ownership, you’ll need to have a look around suburbs you’re interested in and work out the going rate of particular properties in the area.

Open inspections are a good way to see a property in more detail if you’ve singled it out as a favourable option. Sell my home in Uniontown

However, you’ll need to do more than this if you’re serious about buying. It’s important to obtain a pre-purchase property inspection report before you buy.

This might be referred to as a building inspection or a standard property report. It outlines any issues with the property as well as commenting on its general condition.

For instance, if there are issues with dampness, wall cracking or other building defects, these will be highlighted. It’s also advisable to obtain a pest inspection report, too.

While some problems might make the purchase of a particular property a no-go, other issues will be less problematic and may allow you to negotiate the price down.

Making an Offer

You might make an offer on a private sale and hope that your bid is accepted by the buyer. You can make a conditional or an unconditional offer.

A conditional offer is a wise move if you’re selling your existing property, or want to check the structural integrity of the property before you buy it.

When it comes to the paperwork involved, it’s wise to engage a conveyancer or solicitor to ensure everything is watertight.

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