Thinking of moving home in 2016?
Local leading estate agent Spencers is urging local home owners wishing to sell in January to get their properties ready for the traditional New Year rush of buyers to the market.
Buyers who put a hold on searching for a new home over the holiday period typically return to the market in the New Year to resume the search for their dream property. In order for sellers and home movers to take advantage of this, it is best that you have your home ready to put on the market as soon as the New Year arrives.
Commenting Liam Hancox, regional director at Spencers, said:
“We expect January to be a busy period for us as more homebuyers and home movers enter the market encouraged by a growing UK economy, wage growth and lower mortgage
interest rates. For many existing homeowners, lower interest rates mean that affordability is better than it has been for some time. For first time buyers, growth in the higher loan-to-value mortgage space means that barriers into home ownership are reduced.
“Christmas and New Year is a time for new beginnings and buying a home is often close to the top on people’s wish lists. Property sellers and home movers wanting to take advantage of this increase in activity in January should contact us now so that we can ensure they are in pole position and ready to for their property to be marketed in the New Year.
Spencer’s has outlined some top tips to help you sell your home for the best price and ensure your property stands out from the crowd:
Choose the right estate agent -
An agent with a strong local network of branches and an extensive Internet presence will inevitably have access to more buyers. The estate agent should be keen to get the best price for your property and sell your home in the timescale you require.
Correct asking price -
Make sure you take good advice on the likely selling price do your homework and find out what prices similar properties in the area are selling for. By all means obtain a
Market Appraisal from more than one estate agent. But don’t always choose the highest or lowest valuation. Choose the one who gives you the most confidence that their coverage will maximise the number of buyers that will hear about your property.
Spring clean -
De-clutter your home and minimalise personal possessions, as a 'blank canvas' can help buyers to visualise how their furniture, belongings and personal style can be added to the property.
Consider making minor improvements. Things like wonky shelves, loose door handles and missing tiles are often overlooked by sellers but can be off-putting. There are often cheap, quick and easy to fix and can improve the overall 'look and feel' of the house.
Utilise space - Ensure each room is set out as it was intended, so a dining room should be a dining room and not a storage area. This will give buyers a better idea of how they can utilise the space.
If you are thinking of buying or selling a property and want further information
about the local housing market Spencers are here to help with 12 branches across Leicestershire, contact the team on 0116 253 8711 or visit www.spencers.co.uk