Mistakes Why Your Property Isn't Selling.
This is a common question on the lips on 1 in 3 Homeowners across the UK.
Usually its down to a few simple mistakes which can often be rectified without a big expense to the Homeowner.
1. Bad Marketing
Firstly if your property is not selling as quickly as you expected, It may be down to how well it is being marketed. A poor property with effective marketing is better than than an outstanding property with bad marketing. More often than not if you are selling your property via a local Estate agent, The marketing will be of satisfactory standard as they should have a good local presence as well as the Database to go with it. Online Agents on the other hand may not have the same reach as that of your local agent.
Is your property being presented in its best light during viewings? It is vitally important that when potential Homeowners view your property they are left with a good first impression. Even if your property is no longer occupied it may be worth staging the property with furniture to give the potential buyers a vision of what could be.
Generally people do not agree with paying over the odds for products and services and that is especially no different with property sales. If your property is overpriced compared to that of similar properties in your area you are facing a losing battle already.
4. Selling at the wrong time
If there is an over-supply of similar kinds of property in your local area, You may be choosing the wrong time to sell full stop. Timing the market is just as important as any of the points made above. It may be worth doing a quick search on a portal such as Rightmove using your postcode to see what else is currently on the market and how long it has been there.
As we move through 2019 we are still faced with a degree of uncertainty with the future of our economy due to factors such as Brexit. We have found this has made the market across the country very stagnated and even declining as much as 20% in Central London.
Data from Land Registry has indicated that property sales are at there very lowest in the last 5-6 years. We are also seeing that prices across the Country are slowly starting to follow suit of London with a 0.3% decrease on average each month across the board.
Without a clear picture of what the future holds for the UK economy we are unlikely to see any big increase in properties being sold in 2019.
The Fastest Way To Sell Your Property
If you are not in a position to wait and see how the market turns out and are in need of a quick house sale, Mint Property Sales can provide you with an hassle free, ethical solution.
Our sole aim is to help homeowners across the North West who have found themselves in a difficult position and need to sell their property fast. We are a cash house buying service , Using our own funds to complete property sales within 21 days on average.
We are also able to offer a free no obligation Quote within 24 hours of submission.
If you have a property which hasn't performed as well on the open market as you may have liked, Or just generally do not want the hassle of viewings ,time wasters and agent fees. Feel free to contact us today.