Advice for those looking to sell property in 2013
January . 2013
The forecast for the 2013 UK housing market is that it will not be much different to 2012 in terms of property transaction levels and most commentators agree that that it is unlikely that we will see house prices recovering this coming year. Low interest rates are supporting a fragile market and while they remain low, prices will be hold up to some extent, but it certainly won’t be a bumper twelve months and indeed sellers will have to take a pragmatic approach in order to attract buyers.
Despite the gloom of low growth and increasing austerity, there is however, resilience in the local housing market and if you are considering a move this year it is wise to take heed of some sensible advice.
- If you live in a good, uncompromised location, be happy because your property should sell. If it does not then there it is probably because something is wrong with either the price or the marketing strategy.
- If your house is for instance affected by a busy road, overlooked by a close neighbour or has too small a garden, be realistic about the price.
- Have a few agents out to appraise your property and don’t necessarily go with the highest estimated value.
- Selling houses in this market is all about effort, so be prepared to put effort in yourself and choose an agent who you believe will give it everything.
- Trust your agent. Most experienced ones have been have been through good times and bad, so understand the present conditions. Someone offering a truly personal service will guide you through the mire to achieve the best possible price for you.
- It is never too early in the year to get going and putting your ducks in a row now can mean you hit the road running when you are ready to do so, so consider taking advice sooner rather than later.
Taking note of these points will provide you with the best chance of a strong and successful sale campaign, so good luck if you are going to take the plunge in 2013 and Happy New Year!