Showing posts with label estate agent. Show all posts
Showing posts with label estate agent. Show all posts

Tuesday, 2 December 2014

What Is Kerb Appeal and How Can I Achieve It?

Kerb appeal is quite simply a measure of how appealing your property is from the outside. People say you shouldn't judge a book by its cover, but that's exactly what potential home buyers do each time they look into an estate agent's window, pick up a property sales brochure or go to view a house for sale. Kerb appeal can be crucial when trying to sell your home; get it right and you will probably attract more viewings, but if you get it wrong then many potential buyers will simply drive by and decide not to view inside.
On average potential house buyers need no more than eight seconds to decide whether or not they like a property. In some cases it can take even less time than that; the over-grown jungle of a front garden, peeling paintwork and an assortment of litter piled against a shabby front door with a cracked window are all examples of defects that will send buyers running for the hills before even stepping inside your property.
Improving the kerb appeal of a house is unlikely to add much to its value, but it can help to get buyers through the door to help you sell it at the right price.
Before viewing inside buyers will want to feel that the house has been well maintained. Any indication that they will need to spend time or money on immediate home improvements will put them in a negative frame of mind before they've stepped over the threshold. This could set them thinking about reducing any offer or, at worst, put them off all together.
Here are a few tricks of the trade that will help to improve your property's kerb appeal:
1. Clean and paint your front door. It may sound rather obvious, but this is something buyers are going to study closely while they are waiting to be let in to view. Additionally ensure your door furniture is clean and functional and the door knocker or bell works properly. The house number or name should be clearly visible and securely fastened.
2. The approach to your front door - whether it is a path, driveway or lawn - should be kept free from litter, rubbish, clutter, children's toys and vast collections of ornaments or gnomes. If possible conceal your rubbish bin, place it behind a fence or at the rear of your property; or put it in the garage during viewings if you have one. If you must have bins on show, make sure they are clean and the lids are on.
3. You should re-lay any uneven paving slabs or flagstones and regularly mow the lawn and remove weeds from paths, driveways and borders. Consider using a pressure washer to remove any grime from pavers and replace any patches of missing gravel.
4. Clean your windows and make sure the frames are in good condition - remember peeling or dirty paintwork indicates a lack of maintenance. Rotten window frames are to be avoided at all costs so repair and/or replace where necessary. If you are installing new ones ensure that they comply with any restrictions (such as planning permission or covenants) and that they are in keeping with the design of the rest of the house. Finally, it's a good idea to check that all blinds and curtain positions match when seen from outside.
5. Ensure your guttering is in good working order. Clear any blockages and check for leaks. Similarly you should address any issues with the roof, soffits or fascia boards.
6. A little greenery, no matter how small the space, will inject personality and colour into the property to create a welcoming feel. If you don't have a garden then try a hanging basket or window box filled with draping ivy, or place planters or topiary balls either side of the front door.
7. Freshen up a tired facade by re-pointing anywhere the brickwork needs it. If your house is rendered or the brickwork painted then it's always worth considering a re-paint. Paint colours should be in keeping with the period of the house and neighbourhood. If you live in a listed or conservation area check with your council if there are any restrictions on the colours you can use. Finally, if there is no restriction, then go for a neutral colour rather than choosing a crazy colour that most buyers would want to change.
8. An exterior light at the front is practical and can create a welcoming atmosphere - especially during the dark winter months. Additional garden lighting will enable you to show off your outside space during evening viewings.
9. If the unkempt garden next door is putting off buyers, rather than suffer in silence, why not simply offer to clear away any rubbish yourself. Next time you're mowing your lawn offer to mow theirs as well. Half an hour spent on a few gardening chores at the neighbour's house could make all the difference when the next buyer arrives to view your home.
Creating great kerb appeal doesn't necessarily have to cost a fortune, it's just a simple case of sending out positive signals that put the buyer in the right frame of mind before they've even entered your home. A house where the front garden is well-tended, the windows sparkling, the frames in good condition and the front door clean and tidy with polished door furniture will always make your property appear more inviting to a buyer.

Friday, 28 November 2014

How Important Is a Good Property Sales Brochure?

When selling a house, the printed property sales brochure should be fundamental to your property marketing strategy. Alas, all too often many vendors do not think of the brochure as a 'pro-active sales tool' and they simply regard it as nothing more than a point of reference for prospective buyers, giving them room dimensions and an idea of what the property looks like along with the estate agent's details on should they wish to make an offer. Many vendors do not realise how, with just a little effort, their humble printed property details can become a highly effective promotional aid that actively entices buyers.
Many people selling houses in the UK go down the traditional route of simply listing their property with a local estate agent. They then leave all of the marketing and promotion in the hands of the professionals - after all that's the agent's job isn't it? However the quality of sales particulars produced by estate agents varies widely, so it is in the vendor's interests to ensure that the printed details given to prospective buyers are as effective as possible.
In most cases the estate agent's fee will probably include some local advertising, listings on property websites or a photograph and summary details of your property in their shop window. Most estate agents will also produce a printed description of your property to give out to prospective purchasers. This will very often be in a pre-formatted standard template design.
A typical house buyer may cast their eye over hundreds of properties when searching for their next home, it is therefore important that your house stands out from the crowd. To have any chance of being noticed among the dozens of other similar properties for sale in your area or buyer's price range, it is imperative that your property looks as appealing as possible when prospective buyers first see it on-line or in the estate agents window.
Capture the imagination:
Estate agents in the UK are of course legally bound by certain rules regarding the descriptive content within a property sales brochure, but it is the photographic content that usually lets the side down. You only have one chance to make a first impression, so ensure the photographs of your property are the best they can be. If your leading photograph is an exterior shot of the whole house then simple things like ensuring the frontage is tidy will make a world of difference to the overall impression, also try to take the photograph on a sunny day. If your house has a driveway or garage then leave the car off the parking space while the photograph is being taken, this will draw the buyer's attention to the fact there is parking available rather than to what kind of car you drive. Additionally buyers will not be attracted by interior shots of kitchens with washing-up on show or scruffy laundry-strewn bathrooms - remember you're selling a lifestyle - and they will not be enticed by photographs of houses taken at night with only pitch darkness visible through the windows.
To avoid such mistakes ensure your house is clean, tidy and well lit before the photographer arrives. If your estate agent visits at night time to list your property, ask him to come back during the day to take the photographs. You wouldn't expect your estate agent to bring along 'David Bailey' to take photographs of your home, but if you feel your agent isn't a good photographer and hasn't captured the best possible image of your house, then find someone who is proficient and supply the photographs yourself.
One of the most common photographic errors is not keeping the printed details up-to-date; for example still using a photograph taken in winter with snow on the ground to sell a house in the middle of the summer. Perhaps the worst offence is an out-of-date photograph that shows flags in neighbouring windows taken during major sporting events - especially if the football word cup finished over a year ago! These kind of errors effectively 'date' your house and you could be giving buyers the impression that there must be something wrong with it to have been on the market for such a long time.
Retain the interest:
Once your beautifully presented property sales brochure has caught the buyer's eye, it should then entice them to come and view your property. Apart from containing an accurate description (fixtures and fittings, room sizes, floorplan, tenure etc), your sales brochure gives you an ideal opportunity to tell prospective buyers all about your property's unique benefits over other houses they may have viewed. You do not need to write a lengthy essay, but a few carefully chosen points in an opening paragraph that outlines your property's attributes can quickly give the buyer a 'feel' for how your house could become their next dream home.
A small section on local amenities, highlighting local schools, shops and entertainment facilities can also go a long way to enticing a buyer to view your house.
In summary then, a well-designed sales brochure should firstly promote your property and attract the right buyers to view your house by capturing their imagination. Secondly it should be a tangible piece of informative literature that retains the buyers' interest by answering many of their questions; highlighting the unique benefits of the property to make it stand out against the competition. Finally it should be kept up-to-date and underpin your whole marketing and sales campaign and complement any other marketing activities (such as advertisements or websites promoting your house for sale) by carrying the same sales message and clear, quality images.

Monday, 10 March 2014

Tips for Successful Quick House Sales

According to the Quick House Sales Market Study conducted by the Office of Fair Trading (OFT) in 2013, quick house sales accounted for £500 million to £900 million of all properties sold in 2012. The study was carried out to determine whether or not this method works favourably with home sellers. The findings based on the report show that quick house sales can be beneficial to home owners who need a fast, guaranteed, and hassle-free way to sell their properties.
Before jumping into the bandwagon, consider these helpful tips for a successful quick sale of house.
1. Have your property assessed by an estate agent. To avoid getting a false valuation of your property and getting far more less than its market value, have your property assessed first by at least three different estate agents. This should give you a clear idea of how much your property is worth so you will know if property sale companies are offering you a fair amount for it.
2. Shop around for companies. Not all property sale companies are identical. Search for the right property sale company like you would an insurance company. You'd want one that's legitimate, trustworthy, efficient, and won't cost you more money than you're willing to lose. Don't settle for the first one you come across with. Have at least three on your list and compare what they're offering.
3. Check the company's background. If the company is a broker, or one that introduces you to a third party buyer, make sure that the company is registered with The Property Ombudsman or Ombudsman Services Property. If the company claims that it is under the regulation of an official body or has signed up to a code of practice, have it checked out.
4. Get an independent legal adviser. Property sale companies typically have their own legal adviser that they would recommend to you, but it's best that you get your own legal adviser-one whom you trust and know and has no connections with the company. The purpose of a legal adviser is to explain anything you're not sure about related to the transaction, whether it's legal terms or processes. He makes sure that you've read and understood the agreement.
5. Negotiate the price and the terms. Don't be shy to haggle. This is definitely a given in quick sale of house transactions. This is also where knowledge of your property's true market value comes into play. Ideally, you want to aim for that, but the final price would also depend on whether quick house buyers are willing to pay that price or haggle for a lower one. If you can't get your ideal price, psyche yourself to settle for the next best price instead.
6. Put everything down into writing. Do not settle for merely verbal agreements because you've got nothing to back you up in case something goes wrong. You need to document every detail you've agreed upon during the entire quick sale of house process.
7. Don't commit right away. You cannot be rushed or pressured into a decision you do not want even if there's a queue of quick house buyers knocking on your door. Don't sign or agree to anything until you receive a final offer in writing and all the checks and surveys are done.

Wednesday, 12 February 2014

Three Step Guide on How to Haggle in the Current Property Market

The current market is back in the doldrums and when the property market is falling, past experience tells us it's a great time to bag a bargain and buy a house at a discount that you are unlikely to get in the coming years. Here's a step by step guide on how to buy a property by haggling down the price.
1. Get your finances sorted!
The key success to securing a bargain property is to be able to buy quickly. This means you need to have either cash or as good as cash with a hefty deposit and a lender that is capable of making funds available in a few weeks, rather than the normal six weeks they take.
2. Find a legal company which can exchange quickly
The legals for buying and selling a home can take months. Much of this is down to poor conveyancing companies. So if you want to bag a bargain, it's vital to ensure you work with a legal company that can work to tight deadlines and isn't reliant on one person to do the work, in case they go sick or on holiday.
3. Understand where to get property bargains
Property bargains are secured when people are desperate to sell. There are lots of reasons why someone might sell a property at a bargain price which include:-
(a) The three 'D's -Death, Divorce and Debt
Sadly things happen in life to homeowners that force them to have to sell their property at less than it's worth. If someone dies, a partner might need to sell up as they can't afford the property anymore or they need to move nearer to friends and family. If a couple aren't getting on and divorce is the only option, not everyone can afford to stay in their family home, particularly with so many families having two working parents. Debt is a rough thing, particularly in these difficult times, so when it really bites, selling up and releasing the equity is sometimes the only option.
(b) Repossession
For a property to be repossessed, the procedure takes sometime - it can be six months or more. If the owner has been to court they will often be given/be advised to try to sell the property themselves to get the best price they can rather than have the property taken off them and sold on incurring increased fees for doing so by the lender. This can be a great source of bargains, but can be like finding a needle in a haystack, unless you are happy to hang around the courts. They are either sold through agents, to 'quick sale' companies or via local auctions.
(c) Chain falls through
If someone has sold their property and made an offer on another one, then their buyer pulls out, this can cause a chain to breakdown unless another buyer can be found at short notice, so a great time to be able to offer less than the property originally sold for - as long as you can move within a matter of weeks to replace the previous buyer.
(d) New Build Properties
Developers run businesses and businesses have targets to achieve. So at the end of the year, or even the half year, the sale of one property might mean bonuses all round for the developer's staff. This is when dropping a property's price is worthwhile. As is selling off the 'last two' properties to free up expensive site sales offices and staff.
(e) Half and Half Homes
At the moment, buyers are making offers on properties which are either pristine and ready to move into or a wreck which needs a lot of work (new kitchen and bathroom, re-decorating). Half and half homes which are partly pristine and partly a wreck therefore just aren't selling, so after a long time waiting for a buyer, vendor's are more likely to drop their price. These properties can take a while to secure at a bargain though, as it often takes vendors more than six months to realise they aren't going to get the price they had hoped.
(f) Properties needing substantial work
Many people want to do a up a property, but that doesn't really mean they want to get their hands dirty. Most 'do-er uppers' are really looking for somewhere they can move into then upgrade the decoration and put in a new kitchen and bathroom. The real bargains come when a property needs gutting - or already has been, if it's been fire damaged, wrecked by previous owners. So less buyers trying to compete to buy these properties means you are more likely to 'bag a bargain'.
(g) Properties with 'undesirable' neighbours
Most properties are sold when they sit next to another property or overlook lots of beautiful countryside. Those though that have a pylon in the back garden, front onto a busy road (although less so in city centres), next to schools, or a dilapidated property, tend to sell for a lot less than those in a better location. In a falling market these are the toughest properties to shift, so you can make pretty low offers and if the vendors can still move on, your offer may well get accepted.
So if you want to haggle to bag a bargain in the property market, it's essential to sort out your finances, sign up a proactive legal company and find properties where vendors are likely to be 'motivated sellers' and let you have the property for less than they would when the property market is buoyant.

Tuesday, 4 February 2014

What To Do If You Are Thinking Of Selling in 2014

The property market is starting to change. With renewed confidence in the market aided by the Help to Buy Scheme, whether people are taking part or not, more buyers are definitely out there than there have been for a long time.
And with demand for property on the up, from a sellers perspective, things are getting easier to move too. With property prices in some areas recovering to 2007 levels, it means less homeowners are in negative equity and with just a 5% deposit to have to find, its possible to contemplate moving on.
For those who tried to sell up during the credit crunch but couldn't, it's also worth thinking about trying again, especially if your property is in a price bracket which would appeal to first time buyers. First time buyers, according to CML, tend to spend up to £150,000, but bear in mind, this includes London, so it's likely to be £150,000 to £250,000 in London and Home Counties and under the £100,000 mark everywhere else.
So Who Should Sell in 2014?
If you want to trade up and you don't have a big deposit, as long as you can afford mortgage rates of 5-7% over the next five years, then it's definitely worth thinking about trading up and taking advantage of the Help to Buy Scheme.
You can typically secure mortgage rates of 3% for Help to Buy on an new build, whereas the scheme for existing homes rates are around 5%.
You need to check what's happening market wise to make sure the 'pick up' reported in the media and house price surveys is actually happening in your area. Look on sold property prices on the likes of Rightmove and Mouse Price to see if properties are selling near to or for more than 2007 levels. If they are still selling for a lot less, talk to local agents who have sold properties similar to yours and see what prices they have secured.
If you are looking at trading down, then the most important thing is to move when it suits you. It may be that you have been stuck in a property you can't sell but are getting divorced and are desperate to move on. It may be that you are in debt or a member of the family hasn't been well and when these life events happen, it's more important to try and move on to a better place than worry about maximising your property's price or rushing into buying something which isn't right.
It will be difficult to find somewhere to live in most areas, as you will probably be competing with first time buyers who are after one and two bed properties.
Key steps you need to take if you are thinking of selling in 2014 are:-
  1. Check on sold property price data to see what similar properties have been selling for
  2. Talk to local agents who have sold properties similar to yours as to what price they are getting
  3. Make sure you speak to a broker about financing your move and a local Help to Buy agent
Then, work out whether you should sell your property as a 'show home' or just as it is. Since the credit crunch, with such good mortgage rates with high deposits, people don't have the money (or time) to do up properties as much as before. Those that do want a wreck to do up are typically after a bargain price, so it's a good idea to chat to local agents about whether you sell the property without any work doing to it, or spending say 1% of the asking price painting and decorating so someone could 'move in' and start living there from day one.

Tuesday, 28 January 2014

How Best to Invest: Cash, Stocks or Real Estate?

It has rarely been more challenging to accumulate a return on our investments than it is at the present time. When most governments are looking to stimulate growth, by encouraging spending, whilst at the same time trying desperately to avoid inflation and keep interest rates down, savers seem to come pretty low on the list of priorities. Finding ways of achieving growth to our hard earned savings pot, to enable us to survive on it throughout our retirement, requires a great deal of careful consideration. In this article we look at the three most frequently used mechanisms for savers and examine which, if any, is likely to provide that much needed inflation-beating return.
Cash
Until the credit crunch in the late 1990's, followed swiftly by the recession, which affected in most of the world's economies, investing cash in a bank to derive an income through interest was considered amongst the most effective - and safest - ways of producing a return. The collapse of many major banks revealed the myth that money thus invested was always safe and the rapid reduction in the interest rates available had an equally devastating effect on the notion that investing in a cash savings account produced a reliable and reasonable source of income. The rates of interest now offered by most savings institutions are so low that they are not keeping up with the rate of inflation. This means that, over time, the savings pot will become smaller and smaller, as the interest does not keep parity with the cost of living. Interest rates do not show any sign of increasing in the foreseeable future, so it appears that cash savings accounts are likely to remain a relatively poor means of investing our money. The greatest advantage is that, compared to other vehicles, bank accounts are still considered to be the safest havens for our funds. They do also provide a certainty as to the return that will be achieved, however low it may be.
Stocks and Shares
Probably the investment model that causes the most trepidation to savers is the stock market. Whilst it is undoubtedly the most risky, carrying the possibility of the total loss of an investment, it usually provides the highest rewards. As long as risk is spread evenly and solid, reliable advice is obtained, and an investor is able to ride out some short term losses, investment returns that beat the rate of inflation easily can provide a steady monthly or annual income. With less hassle than investing in the property market, whilst carrying the potential for higher returns than cash savings, but with much more risk, investing in stocks and shares is not to be taken lightly and is most suitable for those who are willing to invest their money over the medium to long term.
Real Estate
In the light of the low return on cash savings and the risk involved in investing in stocks, coupled with the general fall in property prices, many investors decide to put their money into real estate. This type of investment can work in three ways. Firstly, a fast capital return can be sought by developing a run down or derelict property and selling it on at a profit. Secondly, a slower return can be achieved by retaining the property whilst house prices continue to rise to what might be considered the optimum level to sell. Finally, a regular income can be derived by renting the property out to tenants during the period that it is owned. Significant returns can be achieved on real estate but it should be remembered that house prices can fall as well as rise and that house letting can be a frustrating and expensive enterprise if the wrong tenants take up residence. Nevertheless, bricks and mortar are likely to continue to be popular for those who are interested in investing in the property market, particularly in the field of long-term investment.
Summary
Our examination of the three principal means of seeking a return on our capital investments reveals that there is, in fact, no perfect solution to the problem. All savers are different, having different income needs, being willing and/or able to invest varying capital amounts and possessing differing risk indexes. Whether looking to invest in cash savings, real estate or stocks and shares, the clear advice should always be to think carefully about that exactly you would like to achieve with your savings and what degree of inconvenience and risk you are prepared to entertain before selecting your preferred investment model.

Tuesday, 21 January 2014

Property Price Forecasts by Region in 2014

Understanding what's likely to happen to property prices in the future can be really helpful in knowing whether now is the right time to buy or sell.
How can you use property price forecasts to help you make your decision?
This really depends on whether you are a first time buyer, trading up, down, investing in property, looking at exiting from your investment and whether you are taking out a mortgage or have cash.
What do the forecasts say?
Ideally, property prices would always increase just ahead of inflation. Over time the average inflation is around 3% per annum, but at the moment and for 2014 it looks like inflation will run at around 2%.
In comparison, the forecasts range from 4% in Scotland to 8.4% in London for 2014 and over the next five years, property prices are estimated to rise from 17% in Scotland to 39% in London. Now, although these figures sound enormous, don't forget if inflation runs at 3%, to stand still, property prices over a five year period to keep pace would need to increase by 16%.
So the predictions are that Scotland's property price growth is in line with inflation, and areas such as the North East and West, Yorkshire and Humber and Wales won't grow much more either. So in these areas, although there will be different price changes for different property types in different local postcodes, overall it doesn't matter too much when you buy as prices aren't expected to rise that much.
However, in areas such as the South East and West, East and West Midlands and the East of England and of course London, knowing what prices are likely to be at, at the end of each year, can be helpful in knowing whether it's best to buy now with a 5% deposit or whether it's better to save up for a higher deposit, knowing how much you may need.
Below I've given you some thoughts on how to think through whether it's worth buying now or wait for a while, and from an investor's perspective, how to work out whether it's a good idea to invest in the area you are planning to or not.
First time buyers, should you buy in a rising market?
For anyone looking at buying in areas like London where you've seen a sudden 5-10% increase in prices year on year, it's feels very scary at the moment and better to buy now than in the future.
And to some extent, in areas where you have 7-8% growth in 2014, if an average property price is £200,000 now, in a year's time, these forecasts suggest prices would be around £215,000, so a 5% deposit would increase from £10k to £10.75k. However, if you could save up another £10k so put down a 10% deposit instead, you may get a better mortgage rate so your costs are lower.
On the other hand, if you do buy now and put down a 5% deposit, then your property's value could increase by £15k, allowing you to increase the equity in your property from £10k to £25k, so £25k over £215,000 would give you a 'deposit' of 11.6% and as you are likely to be on a repayment mortgage, the equity may be even more.
But, and it's a big BUT, by 2016 interest rates are likely to start increasing, so it's important to make sure you don't overstretch yourself too much as mortgage rates since 2000 have been as high as 7%, so if you do buy over the coming year or so, then make sure you can afford the mortgage on-going.
Buyers and sellers trading up, is it good to buy in a rising market?
When buying and selling in a market which is rising, it's definitely a good time to sell and trade up sooner rather than later, as long as your job and finances are secure.
For example, if your £150,000 property increases by 7%, then it would be worth £160,500 by the end of 2014. If you then buy a property worth £300,000, then that would cost £321,000. So you'd earn an extra £10,500 on your current home, but then it would cost you an extra £21,000 to buy the new one.
Buyers and sellers trading down, does it matter when you buy if prices are rising?
For anyone looking at trading down, it's important to make sure you move to a property and area which is right for you, especially if you are retiring. Although seaside towns and lovely rural settings may seem great to start with, if you are retiring, making sure you have easy access to public transport, doctors, hospitals and indeed having family and friends close at hand, is incredibly important.
But the good news is if you are trading down, a rising market will help you financially. If you are selling a £350,000 property and hold on to it for a year at a price rise of 8%, then it should be worth £378,000 - if you own your property. In the meantime, if you then buy a property at the end of the year which is worth £200,000 now, if it too increased by 8%, you would have earned £28,000 from your own property, but spend only an extra £16,000 on the property you trade down to.
So from a trading down perspective, buying when you find the right property is more important than worrying about house prices, as long as the area you are buying into rises at the same rate (or less) than the one you are selling in.

Wednesday, 13 November 2013

Advantages of Consulting a Property Dealing Company


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More and more people are embracing the idea of quick property sale, simply because they do not wish to wait for months to pay off the fee. Now, if you also need a fast home sale, then it is advisable that you consult professional and experienced companies that buy and sell properties. There can be a number of reasons why you may be looking for a quick property sale. You may have received inherited an ancestral property or you could be planning to relocate to another city and hence need a fast home sale.
On the other hand, people who have been served with an eviction notice and the danger of their home being repossessed is looming large on them are also the ones to admit, "I need to sell my home."
Whatever your situation, if questions like I need to sell my home or I need to sell my house fast home sale are bothering you constantly, then perhaps it's time you took note of the situation and consulted an expert property selling company. The biggest advantage of consulting such companies or for that matter even estate agents is that you they will help you get the best price for your property and also offer suggestions and advices at every stage of property selling. They will help you get in touch with the right kind of property buyers so that not much of your time and energy is wasted only after one particular buyer. Remember, it is not easy to find potential property buyers in a very short time as most of the people who inquire about your property do not always do it with the intention of purchasing your property.
In addition to this, the benefit of contacting a good and efficient property buyer is that it purchases almost any kind of property no matter what condition is it in. Many of these companies don't even ask you to make legal payments or any form of commission when it comes to purchasing your property. They will also help you fix a reasonable property price so you can close the deal sooner. All you need to do is share the details of your property with them and with their expertise they will handle your case better so that you get a good value for your home.
A reliable and professional estate agent or property buyer will also help you deal with legal issues associated with your property, which will only help you in selling off your property quickly.

Friday, 31 May 2013

How To Sell Your House Online


Letting agents are found online and they are used to let property. But you can sell your house online as well. Whether you want to sell or just let your property, the online site is the place to be. Most people today who are looking for a home in which to either to rent or to buy will go online to take a look at what is out there. This is the most convenient way in which to find a home. If you want to sell a house, this is the way to do so. And because the internet makes it so easy to list, there are many who sell their homes on their own, without the estate agents.
Those who want to let their homes can use the letting agents to do so or they can try to do this on their own. Many will like the use of the agents in this regard because they can take care to make sure that they get the proper tenants for the property as well as help collect the rent and make sure that everything is looked after. Those who may be moving away from Exeter and who want to let property need someone to look after it. The agents can do that or just get a tenant for you - either way. Using these agents that are found online is also a good idea for anyone who is looking for a place in which to rent. They will be able to show them the properties that are out there and how much rent they will have to pay. Those who are looking for a place to live in the United Kingdom can use an internet site when it comes to both, buying or letting.
If you want to sell your house online, the thing to do is to list it at an online site that is made for this purpose. The first thing that you want to do before listing it is to take a look at what you think the value is and also what can be done to make it show better. It is best to have a home that shows well when you are trying to sell as this will net you the most money. It is also a good idea to know what the homes in the area are selling for. This is the actual sales price, not the listing price that you need to consider. By using an online site where homes are listed, you can get a good idea of comparables. Then list yours according to how it stacks up against those homes that are like it.
Using an online site is the best way to find what you are looking for with regard to a venue in which to sell your home. Selling online Is much easier than off line and cheaper, too. It does not cost much to advertise your home online and this is actually more effective as it reaches out to more people. Those who are looking for a way to let or sell should make use of an online site that is a valuable tool with regard to letting or selling. This is the way to reach out to the most people and get your home rented or sold. 

Monday, 27 May 2013

Why do property chains break?


Chains can sometimes cause problems because occasionally they break. It could be because one of the buyers fails to come up with the finance; it could be that someone changes their mind either for personal reasons or for practical reasons i.e. some serious structural issue that is discovered in the survey. It has been quoted by some that in fact one in three property chains break. This is perhaps made worst by the current financial climate.
Another reason that chains can fall apart is because of gazumping. This is when someone else, other than the original buyer, makes a bid at the eleventh hour. It is perfectly legal but can be a nightmare as it interrupts the original chain. By law, an estate agent must
communicate all offers to the vendor. This is different in Scotland because there are laws in place to protect the buyer.
How can you avoid breaking a property chain?
It can help if you try to make the purchase or sale go through quickly and smoothly. This can be aided by keeping in regular contact with your estate agent and solicitor to try and speed things up. This limits the chances of things going wrong or people changing their minds by constricting the time frame as much as possible.
Another thing you can do is prepare for the unexpected. If, for example, you have already sold your property but the purchase of your next property is taking time, you will be able to stay in the chain if you have a back up plan. That could be arranging to stay with family or friends, or taking a short-term let.
How can you avoid gazumping?
One way to avoid gazumping is to purchase a property directly from a vendor. There are several websites available where you can view properties online and contact the vendor directly. This way, there won't be any estate agents to pass on any offers! They may also be willing to settle for a lower selling price since they will not have to pay estate agent fees.
Another thing that might swing in your favour is that if you have built a good relationship with the vendor, they might prefer to sell their property to you rather than someone who comes along at the last minute with a higher offer, particularly if they are attached to their home and want to sell it to someone they like.
You may not be able to stop a Property chain from breaking, but there are certainly things you can do to limit the chances of it happening.