How to get the full asking price for your home?  

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Listing your home for sale? Every homeowner aims at getting the full asking price for their property. To achieve this, property experts including Tooting estate agents list out these simple steps to follow for a full asking price. 

Set the appropriate marketing pricing.

When you first post your property on the market, it’s crucial to set a reasonable asking price. Naturally, you want to sell your house for the highest possible sum. To accomplish this, you must:

To get a sense of similar properties’ conditions and pluses and minuses in asking prices, visit the property portals and do a search. When determining your asking price, keep in mind that property asking prices are frequently up to 5% more than the final sold price. You can also get a property valuation to know the accurate prices. If your property is in Tooting then opt for a Tooting property valuation by experts. Obtain the advice of a trustworthy professional. A surveyor who regularly values properties as part of their business has the expertise and understanding to handle this, and their recommendations will be completely objective. Keep in mind that for a few hundred pounds in a valuation fee, you can discover that your home is worth thousands more than the asking price; in that case, the money was well spent.

Determine the timeline for your sale. If you have discovered a home that matches your needs, you might want to consider setting the sale price a little lower than those of nearby homes. If there are several comparable properties available, yours will need to be priced competitively or in great shape to stand out from the competition. Making your house stand out from the competition will be your finest alternative if you don’t have to sell. What, then, might be the nicest feature of your property: Good parking, a brand-new kitchen, a rear addition, and a garden that faces south? The best feature should always be highlighted first. Make sure you hire a real estate agent that has a track record of experience selling houses similar to yours in the region.

Getting ready to sell your property

To achieve the best price, present your house in the best possible way. Maintain a clean environment while your home is on the market and think about putting items in storage to give it a less congested appearance. Complete all of the small maintenance tasks you’ve been putting off until tomorrow. Set up a weekend if you have any rooms that need to be decorated because it will be beneficial in the long run. To make a wonderful first impression on visitors, make sure your garden and outside spaces are in the finest possible condition.

Dealing with your estate agent

You cannot just let your estate agent handle it if you want to achieve the best price for your property. Before agreeing, thoroughly review the property facts to make sure your property is accurately detailed and has all the greatest qualities. Examine every photo and, if at all possible, ensure that none of them contains any cars, wheelie bins, or trash. To make sure your property is shown as best as possible, if you are unhappy with the quality of the photos, ask your estate agent to take new ones. Inquire with your estate agent about what steps they are taking to address this if, after one week of listing your home, you have not had any viewings. Establish a communication schedule with your estate agent to ensure that you are kept up to date on the status of the sale of your house. Make sure your estate agent gives thorough feedback on any viewings so you may address if at all possible, any objections or faults raised by visitors.

Scheduling viewings

Make sure your home is completely ready for every viewing, clean, and tidy, and that it isn’t crowded with relatives or friends when the viewing occurs because this could lead to negative impressions. To generate the idea that there is fierce competition for your house, try scheduling all of your viewings for the weekend. Any offers should come through on Monday if you were able to schedule all of your viewings for the weekend. This could lead to more competitiveness among the offers you receive.

Managing Offers

When you first start receiving offers, they will typically be below your asking price, but don’t immediately turn them down. Try to work with your estate to come closer to the asking price by learning why they are providing less than what is requested. You can take advantage of the competitive environment if you are receiving several offers by engaging in a bidding war with one of them.

Conclusion

Utilising our advice will increase your chances of getting the full asking price for your house. If you ultimately decide to agree to sell your house for less than the asking amount, you’ll know that you’ve done all possible to get the greatest possible price for it. Keep in mind that purchasing and selling both have the potential to make or lose money. To obtain the greatest value on your new house, conduct a comprehensive survey to uncover any potential flaws and then use them to negotiate a discount.

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