SELLERS TIPS IN A BUYER’S MARKET

For those looking to enter the real estate market, the tide continues to turn in your favour. Prices are continuing to fall with properties on the market for longer. For those who are looking to sell, it is true the peak time for Spring sales are the months of October and November which are the highest months for listings.

But it is not all gloom and doom.

There always remains the opportunity to sell your property at a good price. You just may need to be a little savvier than one to two years ago when prices were peaking.

So, what are the tips for sellers in a buyer’s market? It is easier than you may think.

1. Understand the market

Know what is happening in the market around you. This will help to gauge where your property sits in the current market and the competition.

1. Take Professional Photos

This is such an important part of your overall sales strategy when selling your home. Professional photos help to show your property in its best light. The right cameras, flash and angles are used to entice prospective buyers to take the next step and view your property in person.

1. Take Pride in the Presentation

When selling your home, take those extra steps to ensure your home is as clean and uncluttered as possible. Less is very often more. More space allows buyers to use their imagination and see how they could make the house their own.

1. Be Realistic

Understanding that it may take a little longer to find the right buyer is important. Understanding the market and knowing that prices are not at the dizzying heights that they have been. Know the market and this will help you make it through the process with realistic expectations.

1. Be Flexible

Being flexible with open homes and private inspections will go a long way. A flexible vendor is more likely to have more feet through the door than one that is rigid in viewing times.

1. Don’t Buy Before You Sell

This is especially pertinent in a slowing market. Buying before you sell (no matter how much of a good buy it was) is a surefire way to add further stress to the selling process. You will be under stress and time constraints to sell your property. Emotions get involved and the whole situation can come undone very quickly.

1. Trust your Agent

Above all, have faith in the agent you have chosen. Have faith that they will do their job well and find the buyer you are looking for. If you have done your research, you would have chosen the agent that is right for you. One that will work for you, who will advertise your property to the best of their ability and work to get buyers through the door and close a sale.

Have faith, know the market and be realistic.