Thinking of selling privately?

As a home seller you want to make as much money as you can from the sale of your home; meaning you could be considering selling your property privately to avoid paying estate agent fees.

However, there are many cons to selling without the help of an agent.

So, before you make that decision, we thought you should be aware of some of the negatives that come from selling privately.

1. There might not be as much financial benefit as you imagine

You’re not likely to fetch as high a price for your home as you would if you worked with an agent. An established real estate agent knows how to market your property to the right buyers – negotiation on price is correctly based on true facts.

2. It’s hard work to sell a house

You are going to need to devote a considerable amount of time to selling your house.

Your home needs to be photographed, filmed, listed, shown and more. And, when you do gain interest in your house you will need to be able to show them around, answer their phone calls and negotiate a good price all by yourself.

3. You’ll need to financially qualify the buyer

If you find a buyer on your own, you’ll need to make sure they can afford to buy the property.

One of the problems with selling by yourself is not having the same skills as an estate agent to determine the buyer’s qualifications – there’s a huge difference between being pre-approved for a mortgage vs being pre-qualified.

4. You need to make sure you are legal to sell your property

Every area has its own laws and regulations related to selling a home. It’s important to make sure you read up to see what would be required to do so.

5. Be prepared for the bargain shoppers

Some people could assume you are willing to take less for your house because you do not have to pay an estate agent – just be prepared to deal with such buyers.

How to best utilise your spare room when selling

Making the most of the space in your home is a sure-fire way to increase its value when it comes to selling up – and it’s a trend which has become very popular with UK sellers.

After all, who wouldn’t want to ensure that their property sold for the highest price possible?

It’s often found that when enhancing their home, many sellers are failing to give their spare room enough attention.

It’s a room which many homeowners have, but few utilise to its full potential.

However, with some simple alterations you can make this room attractive for buyers from a variety of demographics and it can have a variety of uses…

Home Office

No matter who you are marketing your property towards, a home office is always a fantastic use for a spare room. It’s likely a home office, or a space which has the potential to become one, will be viewed as desirable by buyers.

Young professionals will crave a place to work from home, and students will want a separate place where they can complete their studies.

If you’re considering transforming your spare room into an office, it won’t take much work. Ensure the room has a large window, great lighting, and if needs be, purchase a desk to help make the room look the part.

Playroom

If you believe your home is ideal for first-time buyers and you have a spare room, then it’s likely that this buyer demographic will want a playroom in the future, something which can be easily transformed, regardless of the room’s size.

If you’re thinking that a playroom could be a smart move for your property, then ensure the room has wood flooring instead of carpets as spillages are inevitable. If you have a few spare toys this could also further demonstrate its potential as a space for children.

Guest bedroom

When you think of a spare room, an obvious way of utilising its space is to convert it into a guest bedroom. When buyers come to visit your home, highlight the room’s potential for having extra people to stay, and you can also inform them of the extra storage facilities available in the room, too.

You don’t need to transform the spare room into a guest room just yet, as you’re not sure exactly what buyers will want. However, by de-cluttering, giving the room a fresh lick of paint in a neutral colour and adding new flooring and a rug, it will increase your chances of getting the thumbs up from prospective buyers.

Home Gym

A home gym would certainly be an attractive added extra to your home, and it’s a trend which is really growing in popularity. After all, who doesn’t want to be fit and healthy in the 21st Century?

Gym memberships can be incredibly expensive, so creating your own workout hub will mean that potential buyers could save time and money – something which every buyer would be happy to hear when they view your property.

Now if you’re a seller, don’t go getting ahead of yourself and get the room kitted out with the latest gym equipment when transforming a spare room.

All you need is a bright space with some low-cost gym equipment to help buyers envisage the room’s potential.
At crucible, we’re aware of what buyers are looking for, and our job is to assist sellers with the successful marketing and sale of their property.

Contact us today for a free valuation!

Simple advice to help sell your home

Simple advice to help sell your home

You’ve had valuations and chosen your preferred Estate Agent. The board is up and your property is on Rightmove and Zoopla. Surely now it’s just a case of waiting for the offers to come rolling in, simple as that.

No matter how good your Estate Agent is at taking photo’s and writing beautiful descriptions there’s still some work on your part to ensure that any potential buyers see your property at it’s best. Continue reading “Simple advice to help sell your home”

Should you take up DIY housebuilding?

Should you take up DIY housebuilding?

Over the past few years the government have talked about doubling the numbers of new homes built in the UK as well as plans to start a “self build revolution”.

Is this really feasible?

Yes it is. Other countries are way ahead of the UK when it comes to Self Builds. A staggering 80% of all homes in Austria are self-built. In Germany, France and Italy the figure is an impressive 60% and in the US and Australia it is over 40%. In stark contrast the figure for the UK is a lowly 10%. Continue reading “Should you take up DIY housebuilding?”