If you are aiming to sell your property you need to know exactly what it is that buyers are looking for to make certain your property is appealing. By taking stock of exactly what it is buyers are seeking you can ensure that your property is market-ready and will not languish for weeks or months without finding the right buyer.
Most Important Factor
Without doubt, the most important factor when putting a property on the market is the price. Every property will sell, if it’s priced appropriately. But one of the most agonising decisions when selling your home is to set the price?
Different real estate agents will give you a range of estimates. Some will tell you that they have buyers waiting, as long as you don’t set the price too high. Others will try to entice you with the possibility of getting the very top estimate for a property like yours. Set the price too high and you will struggle to sell. Set the price too low and it will be snapped up quickly by someone who recognises a bargain, but the sale may not give you the revenue you need.
Real estate transactions are amongst the biggest that most people ever make in their lives, so it’s important to take the time you need to make the right pricing decision. The best way to determine the optimum price for your home is firstly to do your research. Look at other, similar properties, ideally in the same region, that have sold recently. The prices they sold at will give you a very good estimate of what’s right for your property in the current market. Then consider your own needs; how much money do you need to make in the transaction and how quickly. If you can afford to reduce your price then you are far more likely to achieve a quick sale. But if you need to maximise the money you make from the transaction then you need to look at ways to enhance your property to give it something over and above what’s typically found in similar properties.
Property Features That Sell
Experienced Realtors know what it is that creates the biggest impression on home-buyers when they view properties. Of course, no two buyers are the same, but there are features which most home-buyers find appealing. By concentrating on these you can potentially ask a higher price for your property.
But remodelling your home to make it more saleable can be expensive. For example, you could easily spend $10,000 creating a laundry room, which is recognized as an appealing feature for many home buyers. But would you recoup your investment in the sale?
Luckily there are many home improvements that will make your property far more appealing to would be purchasers which don’t cost a fortune.
Home Security Features
An important attribute of any property is security. Yet many homeowners neglect the need to pay attention to security precautions – until it’s too late. Implementing excellent home security doesn’t have to cost a fortune and it will immediately make your home far more appealing on the market. There are some great online home security vendors like Insight Security who are only too happy to provide free, no obligations help and advise.
Exterior Lighting
Exterior lighting is a feature which will impress many home buyers. Carefully considered and installed external lighting can make gardens and patios look absolutely fantastic, creating a great impression even before a potential buyer has entered your property. Most importantly, exterior lighting enhances both safety and security at your property. Motion sensitive lighting, that turns on automatically when movement is detected, is a great security enhancement that buyers find appealing and doesn’t cost very much to install.
Perimeter Security
Evaluating all aspects of your properties perimeter including walls, fences, hedges and gateways and then taking appropriate steps to bolster security is a valuable yet generally very low-cost way to improve a property.
Fixing any broken fencing, raising the height of walls and fences using trellis and plugging any gaps in the perimeter are all relatively low-cost home security improvements that can make a great impression on potential buyers.
Gates and gateways are often the first aspects of a property that people see when they visit for a viewing, so it’s important they convey the right impression. Presenting a robust, well secured gateway that looks smart while preventing unwanted intruders from entering the property will create a great first impression.
Home security camera systems are now very affordable and are far more easily installed than they used to be. A combination of motion triggered security cameras and exterior lighting will provide excellent home security at very low cost. Importantly, by paying attention to home security around your property you are likely to find it far easier to find a buyer.
