Reasons why your home may not sell

July 29, 2016 by Brendan

Advice & Tips

When you decide to sell your home, it is crucial to take every available step to find a buyer. There are many factors to consider before placing your property on the market, to ensure that you have the best chance of selling.

You are most likely to find a buyer during the first week of placing your home on the market, so it’s important that you maximise its potential before the ‘for sale’ board goes up. Clear all the clutter from your home and increase the available space, give it a lick of paint if necessary, clear all mess from pets and other family members so that potential buyers face a neat, tidy and welcoming home when they arrive to view.

Appoint the most suitable estate agent for your property, to maximise the chances of finding a buyer. Check which houses are selling in the surrounding area and who the estate agents are. If there are properties which have been on the market for a considerable amount of time, you may want to avoid that particular agent.

Price your home to sell, rather than to make a huge profit. Although everyone wants to gain the most from their property, if you overprice it, you may not sell at all. Do some research in your area so you get a feel for the prices of homes which have sold.

Speak to a mortgage adviser so that you can calculate a realistic property price while still being able to afford to buy another property. Mortgage advisers are CeMAP trained, so they are able to help you.