Selling a property can be expensive. On top of estate agent fees and solicitor fees, you also need to take into account the cost of renovating your property to prepare it for sale, time off work for house viewings and other costs associated with putting a property on the market. Below, we’ve put together some top tips for saving more than you spend when selling your home.
Haggle on estate agent fees
One of the best ways to reduce your estate agent fees is to haggle. Check out the top estate agents available in your area, and only use estate agents that are members of the National Association of Estate Agents (NAEA). Ask for quotes for each of the estate agents, and then ask them to reduce their rates. Play agents off against each other by discussing your offers, and remember that you’re in control when it comes to selling your property.
Do it yourself
It’s entirely possible to sell your property without an estate agent, so if you’ve got the time and really want to save money, then consider this as an option. You can advertise and market your house yourself on social networking websites and on independent property listing websites, show people around your home and sort out legal proceedings without any professional assistance. Be cautious if you are planning on selling your property without the help of a solicitor, however, as a mistake during critical paperwork could prove costly.
Use a specialist property seller
If you have inherited a property you wish you sell, then you should consider selling through a specialist property buyer. It’s certainly true that some property sale companies will pay you less than that you could get for it by selling it yourself, but companies such as Probate Purchasers offer a fair deal and can save you a lot of money in the process. Selling the property of a loved one can be a traumatic and emotional process – working with a property buyer will allow you to sell the property without any first-hand involvement and heartache.
Make your house the best it can be
Make sure that potential home buyers visit your home with a great first impression. As The Balance notes, you should aim to disassociate yourself with your home and look forward to the future before you put your home on the market. Without doing so, you’ll struggle to say goodbye to the past and accept an offer from an interested party. Make sure that your home is bright and clean, and play soothing music when a visitor arrives to give off a calming impression. The better you can make your home look before you put it on the market, the easier it will be to sell. Plus, if you have multiple buyers putting down an offer, you’ll be able to play them off of each other and increase the amount your home is sold for.
There you have it – some of the best ways to save more than you spend when you sell your property. By following our top tips before listing your property on the market, you’ll be able to save money and sell your house for the right price.