How to make the most out of downsizing

Are you thinking about selling your home to downsize?

Are you at that stage in your life when you’re considering downsizing? Your home might feel like it’s too big for you to manage and your thinking it’s time to move on in life.

Before downsizing and selling your home, there are things you can do to ensure your house sells quickly and for its market value.  

Speak to your estate agent – The first part of this process is to talk to your estate agent. Let them know what asking price you are expecting. They will be able to look at the current market and guide you on how much your home could fetch.  

Allow discussion time – When discussing your asking price, make sure you leave enough room to allow a bit of negotiation. Pick your asking price with the help of the estate agent and then stick with it. If you begin to differentiate between prices, you might not get what you wanted.  Remember asking price to sale ratios are usually around 95% at most.

Be confident when asking for the correct asking price – You must make sure you do this because if you don’t you could walk away selling your house for less than you expected. You should always be fair, you might be asked to drop the price slightly, be firm and straight to the point in what you want to do if this happens.

Prepare your home – Sometimes when you have lived in your house for many years, the interior can begin to look a bit out of date, in comparison to what the buyers expect nowadays. Even though, sprucing the place up could a few hundred pounds, it will be very worthwhile. If the house is updated and modernized, you will get higher offers.

By using these four steps, you will be on the right path to enjoying the new and exciting chapter in your life.

If you would like some information on how to sell your home in the best way, our team would be more than happy to give you all the advice you need.  

Contact us for a market appraisal