The preparation you put into getting your property ready for sale can be the difference between getting a good price and an exceptional price. The best part is, it’s not hard. Simple things like a fresh coat of paint, tidying up the garden, oiling or staining the deck can make a huge difference when it comes to selling. Replacing light fixtures is an easy and cost effective option. For example, replacing old fluro lights for something more modern and elegant can change the way a buyer feels about your property. You want the potential buyer to have an emotional connection with your property.
Buyers for a property can be found all year round, however there are some important considerations to factor into your decision. Spring is often considered to be the best time to sell. It’s a time of optimism and with the weather clearing, more potential buyers will be out and about. It is also a time when more sellers will put their homes on the market so there will be more competition. Winter usually presents fewer buyers, but the buyers are usually more focussed on purchasing and traditionally there will be fewer homes on the market to choose from.
The way you present your home can make the difference between whether a potential buyer feels comfortable and at home in your property, and therefore more compelled to make an offer. Your home should be kept neat and tidy during the period of inspections. You want it to have street appeal and wow buyers when they come through the doors. Fresh flowers or indoor plants always brighten up a home. While you’re cleaning, think about each room and what furniture really needs to be in it. Rooms look smaller when they are crowded, so declutter as much as possible. Make sure that all minor repairs are completed, for example sticking doors and windows, loose door knobs, faulty plumbing, or peeling paint may affect your sale. Let plenty of light into your home and on a dull day switch on some lights prior to arrival of prospective purchasers. A warm comfortable heated home on cold days adds a feeling of cosiness; on a hot day don’t forget to turn on any air conditioning or fans (or simply let the breeze flow through).
If you submit your property for Auction this means that prospective purchasers will bid against one another at a date and time suitable to you. You can set a reserve price, which is the minimum you will accept, and once bidding has passed that level you know you have a sale, as it will be unconditional and a predetermined deposit must be paid on the day. Sale by Private Treaty means that you set a price at which your property is to be marketed to the public through the marketing plan agreed to by you and the agent.