Quick Guide to Guide t selling Selling your yourHouse home 1 Declutter & Clean A common reason people are looking to move house is due to lack of space in their current house. They have outgrown their current living conditions so the last thing they want to see when they come to view your house is a space that is cluttered and running out of room. It can be difficult to view your house impartially, when you look in each room you see the memories behind everything. Unfortunately this is not going to help you sell your house and get the best price possible for it. You need to constantly put yourself in the place of the buyer, what do they want to see. Start going through your house and decide what you are going to take with you to your new house. Anything that doesn’t make the cut can be gotten rid of now. If you don’t want to see it in your new house chances are buyers are not going to want to see it either. You will be surprised how spacious your home can look once your start clearing out. One thing to note when potential buyers are viewing your home they will open presses. Make sure everything is in order, have everything organised and not overflowing. Show the potential of the storage space. 2 Repair and Decorate When it comes time to sell your home you may need to decide what changes will help sell your home quickly and increase the sale price and what changes are a waste of time and money. When deciding on what work to do to your house you should look at the current market you are selling in. How quickly have similar properties been selling in your area. Are people getting the asking price for them? Is there a lot of interest at viewings? If so then minimal repairs should be enough for you to sell your house. However if the market is slow then more work may need to be carried out to entice buyers. When there’s a lot of choice available to the buyer they can afford to be selective about what they’re looking for and what they are willing to pay. Where possible you should research houses for sale in your area. Look at photos they have posted online or if possible attend open houses. Compare your house to theirs, are they offering more for the same price you are asking for? Is their house more up to date and in better condition? Take note of the areas that you should focus on improving in your own home. Remember the point of looking at other homes is to get an idea of what is on offer and how you compare, it is not for you to turn your house into the same as everybody else's. A way to decide on what changes you should make is by working out the cost of making repairs and updating your house. Then evaluate how much you would need to reduce the selling price of your house by if you don’t make the changes. If you sold it as a fixer upper, how long would it take to sell. Assess both options and decide which is the best for you to decide if it’s worth making the changes. No matter what you decide a fresh coat of paint throughout the house can be a quick and easy way to make positive changes. A neutral pallet can help buyers see the full potential of the house. It can open up the space giving the illusion of more room and increase the attractiveness of your house. 3 Kerb appeal First impressions are incredibly important, especially when it comes to selling your house. Many people spend so much time preparing the inside of their house, they forget to clean the outside too. The idea behind creating kerb appeal is to give your house an inviting look that makes the potential buyer want to stop and see the inside of your house. Spending some time focusing on kerb appeal can really help you attract more buyers—and sell your house faster. People make snap judgements everyday just from looking at something. This is no different when it comes to viewing a house. The first thing people see is the outside of a house so this is where they will make a snap decision on whether they like your home or not. If they do not get a positive feel from the start it’s going to be a struggle to change this opinion no matter how great the interior of your home is. When preparing your home you need to think like the potential buyer. Ignore the emotional attachment you have to the house and objectively look at what needs to be done to improve the potential of your house. Look at both the positives and the negatives. Consider what you are looking for in your new home, would your current house appeal to you in its current state? There is no need to spend a fortune updating the outside of your house. In most cases some simple tidying and repairing will greatly improve the exterior of your home. 4 When to sell Trying to decide when is the best time to sell your home can be stressful. Your decision to sell your home is often based on your changing lifestyle, like a growing family, new job or downsizing. You may find that your need to sell your home does not coincide with the best property market conditions, but it is worth noting that if property prices are low you may not receive the asking price you were hoping for on your house. But in turn the price you expect to pay for your new home can be less. Its not possible to predict when is the perfect time to sell your home if it was we would all be in the property market making money. You need to evaluate when is the best time to suit your needs. When you speak with estate agents they often suggest some seasons being more popular that others to sell in. 5 Best time of year to sell Spring is often cited as the best time of year to sell. The weather is improving and people’s homes are starting to look better with gardens coming into bloom. People have gotten through the distraction of Christmas and the summer holidays are still months away. Summer - it has been suggested that during the summer people are not looking to move. They are out enjoying the good weather, gone on holidays or busy with children or family life as much. Autumn can be a good time to sell. The exterior of peoples homes are still looking well and the weather can be ideal during this time. People have more time to move house and would hope to be in for Christmas. There are no big holidays in Autumn to distract them. Winter - during the winter your home does not look its best and the kerb appeal is low. You’re relying on potential buyers to visualise how it can look. Many people start getting prepared for the Christmas season so don’t want the added stress of moving house. However the reality is when you look at any time of year you can come up with a list advantages and disadvantages of selling your home. If everyone followed the above suggestions of when to sell your home there would be an overcrowding of houses in the market during one particular season and not many would see the benefits. You need to assess your own situation, look at your needs and wants for buying and selling a house and pick a time to sell that suits your situation. 6 Nesta Storage Vouchers 7 4-5 Burton Hall Road, Sandyford, Dublin 18 • (01) 2907800 Old Airport Road, Swords Road, Dublin 9 • (01) 8468900 Kylemore Road, Dublin 10 • (01) 6426100 Deansgrange Business Park, Deansgrange, Co Dublin • (01) 2190214 Nesta.ie 1850 77 22 34 8
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