The start of the year is often a busy time for the property market, with thoughts of moving in time for the summer months on many people’s minds. Here are some top tips, whether you're planning on buying, selling, or both this year.

For sellers:
  • Preparation is key
    Before placing your home on the market, try to ensure it’s in its best possible condition first. This might mean investing some time into making small repairs, staging, and decluttering to ready it for the eyes of potential buyers. A well-presented home will stand out on a busy market, so it can’t hurt to speak to your agent about any recommendations they suggest making. 
  • Set a realistic asking price
    Overpricing can deter potential buyers, but under-pricing could mean you’re selling yourself short, so it’s important to strike the right balance. An expert valuation will assess all your home’s unique features, while also taking into account the local market landscape. 
  • Show off your home’s best features
    High-quality photos and expertly crafted descriptions are all important for showcasing your property online. In today’s digital age, a strong online presence is vital. Make sure your chosen agent has a solid marketing strategy in place and knows how to utilise online platforms to cast a wide net. 
  • Choose the right agent
    Partnering with a reputable and experienced agent can make all the difference. Your estate agent should be well-versed in your local market and therefore have the expertise to advertise your property effectively, negotiate on your behalf, and guide you through the entire selling process.  
  • Be open and flexible
    Selling a home requires a great deal of time and commitment. While the viewing process can feel a little disruptive to your everyday routine, being flexible and accommodating might land you a buyer quicker. Many agents will be able to hold keys for you to conduct viewings on your behalf.
 
For buyers:
  • Get your finances in order
    Before you can get started on the search for your dream home, it's worth ensuring your finances are in order. Speak to a broker to understand your position and what you can do to strengthen it.  
  • Know your priorities and compromises
    You should know what your priorities are in terms of location, size, and any other important features as it will help streamline your search and make informed decisions. Don’t forget although wish lists are essential when it comes to finding your dream home it’s equally important to be realistic about what you can afford and what is available on the market. Be open to compromise where necessary for example perhaps a workspace would suffice over a dedicated office room. 
  • Act quickly but thoughtfully
    While it’s important to act fast if you’ve found your dream home, you shouldn’t act merely on impulse. Take time to consider the home and do your due diligence. 
  • Work with an agent
    A skilled agent can guide you through the buying process, from recommending brokers and solicitors to helping you identify suitable homes and negotiate on your behalf. Having someone who is experienced in the local market on your side is invaluable when it comes to finding a home in a busy market.

 

Written by Durden and Hunt Director, James Hunt

Loughton Estate Agent, Hornchurch Estate Agent, Ongar Estate Agent, Wanstead Estate Agent, Canary Wharf Estate Agent 

 

 

 

 

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