April 4th, 2015. Ben Lloyd
Top Tips for a Quick Property Sale
If you’re looking to sell up then you’ve come to the right place. Here you can learn trusty tips that will stage your investment property for a quick sale.
Consider Your Target Market
In order to sell your property quickly, you need to think about who could potentially buy it. Why? Well, if you know the target market, you can tailor the property to suit their needs. However, it’s important to make sure that you don’t completely mould the property to one specific group as you don’t want to alienate other groups who might have an interest.
People often buy into a lifestyle as much as a property so show them a lifestyle that could possibly work for them. If, for example, you think a young couple might be interested, you could convert that walk-in wardrobe or office back into a bedroom so that it also appeals to a young couple with a child. Make a workstation elsewhere in the house; and have fitted wardrobes installed into the master bedroom.
Get the Timing Right
It’s all about timing. Spring is a key time to sell so if you’re after a quick sale, it’s wise to try and put your property on the market in time for this season.
Spring is a great time to sell for a number of reasons: gardens are in bloom, properties look their best and the market is full of buyers. Spring tends to offer good weather and buyers are more prepared to go house hunting if it’s nice out. Many families look to purchase a house towards the end of the school year so that children can start a new school when the new term begins.
Clean Like it’s Going Out of Fashion
Nobody wants to buy a house that looks dirty. Why? Well, even though buyers tend to clean a house when they move in, no one wants to clean grime that’s not their own; it’s enough to make your skin crawl! Be sure to give the property a thorough clean to maintain appeal; serious attention to detail is necessary as it’s off-putting to see signs of mould and unwanted stains. It’s well worth paying to have your property professionally cleaned to help guarantee a quick sale and thus a quick return on investment.
Declutter Your Way to a Sale
Personality in a property is great, but clutter? That’s a big no. Clutter can make a house appear smaller and nobody wants to feel like they’re buying a property that’s pushed for space. It’s all about creating the illusion that a room is bigger, not smaller! don’t be tempted to use the property for storage purposes while you wait for it to sell. You want buyers to be able to see every room at its full potential, rather than trying to imagine what the rooms would look like without this or that.
A Lick of Paint Goes a Long Way
Granted, you’re not going to want to splurge out on a property that you’re hoping to sell, but freshening up the interior will really add to its appeal. Worried about choosing a colour that won’t appeal to your target market? Play it safe and opt for neutral paint. A coat of paint can do wonders to a tired-looking property.
So there you have it, now you know how to stage your investment property for a quick sale. Follow these tips and your property will no doubt be presented in the best way possible. If you’re looking to finance your next investment then get in touch so we can get you the best possible deal; call 02920 766 565 today to speak to a member of our team of experts.
Article By Ben Lloyd
April 4th, 2015
Ben is the Director and Co-Founder of the Pure Group and Managing Director of Pure Property Finance.
Following a career in Barclays, where Ben was in the real estate finance team for 8 years, he decided that the market needed a more forward-thinking type of commercial brokerage so founded Pure Commercial Finance (now Pure Property Finance), the first company within the Pure Group.
Ben has extensive experience across the real estate sector and has participated in over £2bn of real estate transactions during the course of his career.
Ben oversees the general strategy at Pure Group and works with the senior leadership team to drive the Group forward. Ben is also on the Executive Committee of FIBA.See more articles by Ben