Getting the right price for your property

One of the main concerns for anyone selling their property is the price. Achieving the best possible price is essential, as it puts you in a strong position when buying your next property and attaining a suitable mortgage. The ‘best price’, is the most achievable price, which comes down to how much a buyer is willing to pay. Here are some top things to consider that will help your property attract the buyers who are willing to pay its estimated value. 

Choosing the right estate agents

Choosing the right estate agent is essential as they will be the ones finding your buyers, showing them round and advising you on price. We have a combined experience of over 50 years so we’re in a great position to advise you.

Our commitment to customer service means that we are fortunate enough to be recommended by many customers to those looking to sell.  We will discuss with you how we will market your home and how we will select buyers, as this is key to finding the right buyers who will pay a reasonable price for your property.  

Here at Abbey Forth, we have been chosen to join The Property Guild network as we are a trusted voice in the Fife area and beyond, championing knowledge, integrity and results when selling your property. 

Consider home improvements

You don’t necessarily need to do lots of DIY to achieve the best price, but make sure any improvements you have made are up to scratch. Any sub-standard work might reduce the value of your property and buyers could use this to negotiate a lower price. Think carefully about who your target buyers are and tweak rooms to suit their lifestyles.

Price

When deciding what price to market your property at, do your own research as well as taking advice from your estate agent. Decide on a price that’s strategic and we can work together to determine a strategy that will enable you to achieve that price. It could be by marketing your property at a slightly higher price to leave room for negotiation, or at a slightly lower price and asking for offers over and above that figure. This usually depends on your marketplace and whether there is high demand for property in your area.

Highlight and downplay 

Not everything in your house will be a pull-factor and equally, there will be many features that make it a dream home for lots of people. Make a list of pros and cons and find ways of highlighting the positives and downplaying the negatives. This can be as simple as changing your light fittings to highlight a modern kitchen or neutrally decorating a small room so it seems like a handy extra space rather than a problem. 

Communicate with your estate agent

Tell us what you love about your property and the area. We want to know about great neighbours, the lovely pub down the road and the convenient places to park the car. Additionally you should share any recent changes you’ve made to the property so we can show off what’s new.

Planning permission

Although doing any renovation work prior to your sale might be unrealistic and potentially costly, getting planning permission for an extension or conversion can show off the potential of your property.

Feedback

During the viewing process, always ask for feedback and take any advice on board. You might be able to find solutions to any problems and avoid putting off future buyers. Any feedback can help shape your sales strategy.

Contact us

Looking to sell your home?  Contact us today for a free valuation.

Email gordon@abbeyforth.co.uk or call 01383 737748

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