August 10, 2016
Property gossip August 2016

As the holiday season gets into full swing and the 6 week school holidays begin, it’s quite usual to experience a summer slow-down. However, this summer will see sellers with even less buyers to choose from as some hold back, hoping prices may dip.

Appetite to buy

As we have mentioned before, it’s important to establish the true reasons for a slow-down and a more traditional (a more evenly balanced) sales market, will often see less activity during the summer months and at Christmas. That doesn’t mean to say buyers stop buying, and with a ratio of approximately three “new” buyer registrations each day in July so far, there is still an appetite to buy property.

For those looking to sell in the short term there is a choice, perhaps in some cases dictated by circumstance. Sellers can wait for the autumn market or try to sell now, either way, with less buyers around its worth doing everything possible to maximise your chances of attracting a buyer.

First impressions

In a less frantic market, buyers have more time and often more properties to view, so it’s worth giving those points some consideration. The days of herding some 50+ buyers around a property on a Saturday morning and agreeing a sale on the Monday, are behind us (not that we operate our viewing day events like this, preferring to give each buyer an exclusive viewing slot).

As we all know, first impressions are not only important when selling your home, they can be absolutely critical. When people come to view a property for the first time, they are unlikely to be scrutinising the unseen. They are trying to get a feel for the property and will be bombarded with mostly visual impressions, many of which you can positively influence.

Three inexpensive ways to ready your house for selling

1. The kitchen

For example, if your kitchen is looking tired, it can easily be spruced up with new cabinet doors. Even just replacing the handles can look good, or you could even go further and fit a new worktop. Kitchen flooring which may have passed its best is also usually quite inexpensive to replace due to the relatively small surface area.

2. And the bathroom

Bathrooms can look almost as good as the day they were fitted with a bit of work on the grouting. Hack out any discoloured grout between the tiles or sealant around the wash basins, baths and showers, and replace with new. It’s inexpensive, effective, and looks good. Do make sure you polish any chrome as well, using lime scale remover if necessary.

3. Garden beautiful

Outside, flowerbeds can instantly be given a new lease of life with a generous helping of shredded tree bark compost. Freshly-mown lawns with neat edges look great, as do paths which have recently been weeded. Patio areas are more appealing when they have been jet-washed, but also when they look like they are enjoyed regularly.

Appeal to the heart, not just the head

Do declutter. Buyers want to imagine themselves living there, so don’t distract them with too much of your own stuff, although a cosy home can be more appealing than a clinical one!

The key is a neat, but lived-in look, which will appeal to the heart as well as the head, so whether you plan to sell in the coming weeks, or in a few months’ time, it’s worth putting in the extra effort.

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