From Housekeeping to Online Advertising: Selling your Seaside Property
Many of us dream of living by the beach and it’s no secret that houses with a sea view have an instant advantage over other coastal properties on the market. But that doesn’t mean you should just sit back and wait for the offers to pour in. From home improvements and housekeeping, to energy performance certificates and estate agents, the decisions you make when selling a property are important and could save you thousands of pounds. Here are three questions every homeowner ought to be asking.
Who is going to sell your property?
There are three main options when it comes to deciding who is going to sell your property: traditional estate agents, online estate agents or yourself. Make sure to do your research and always, always read the small print. Agents fees can range from between 0.5% to 3% so it’s well worth taking the time to ask them about their selling strategy and experience selling properties similar to yours. Deciding how much you’re happy to spend on fees will also determine if you want a sole agent, joint sole agents or multiple agents. Thinking of saving some money by going it alone? Be prepared for negotiation and set aside money for marketing – think ‘For Sale’ signs, advertisements in local papers, magazines and even social media. You’ll be competing with the pros so be sure to follow all the proper channels and provide accurate measurements, inventories and performance certificates.
Who’s buying and what’s it worth?
Understanding not only the local market, but also the sort of buyer your property is likely to attract will help you to obtain the best possible price. Invite a number of different estate agents round to give valuations (even if you already know you want to sell it by yourself) but don’t always be tempted to go with the highest price. Look at stamp duty thresholds and allow room for negotiation, also considering whether your property has the sort of unique appeal that might set it above other similar properties on the market. Strong winds and unsheltered rain can often add extra maintenance costs to coastal properties. But landlords and those relocating to the coast will be unlikely to be put off by such problems thanks to the overriding appeal and increased rent guaranteed with a seaview. Selling in spring and summer will attract higher prices while being in, or near, popular tourist towns such as Blackpool, Brighton and Bournemouth will also add huge value to your home.
Is your house ready for viewings?
Sometimes you need to spend money to make money, and selling a house is one of those times. Sort out any minor repairs to both the interior and exterior, and keep on top of the day-to-day housekeeping. From cleaning and decluttering to weeding, painting and pot-planting, a small amount of basic housekeeping will help create that all-important good first impression and could turn your house into someone else’s home. When you have your house looking its best, give your estate agent a set of keys to help enable short-notice viewings, and vacate the property whenever possible to allow the buyer the freedom to look around and make an independent decision.