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    Home » How To Sell Your House when the Market Slows Down?
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    How To Sell Your House when the Market Slows Down?

    Cahill ConveyancingBy Cahill ConveyancingJuly 21, 2022No Comments3 Mins Read
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    How To Sell Your House when the Market Slows Down?
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    Selling your home may be a stressful event, so you want the process to be as quick and painless as possible. Even when the housing market is booming, it can be difficult to attain, but when it is slow, it can feel impossible. However, with the correct property and attitude, it is occasionally surprising what you can do.

    A sellers’ market can make selling relatively straightforward and ensuring a decent price is paid, whereas a buyers’ market has the reverse effect, resulting in a lot of competition but not many people shopping for a new property. In order to attain the desired effect, you must follow a few simple guidelines on Selling Property Advice Geelong, 

    1. Reasonable Pricing

    Unfortunately, a slow market will not allow for the same high level of pricing as a sellers’ market. However, if you are relocating, the same will apply to the one you purchase, thus the two may basically cancel each other out.

    You do, however, need to be reasonable in your pricing and not quote a figure that will put off prospective purchasers. The goal is to get as many people interested as possible, and a low price will help with that. If you do not want to cut your pricing, your only option may be to wait for the market to improve.

    1. Prepare and Plan

    First impressions are important, so you want your home to seem as good as possible from the exterior and inside. Get the opinions of trusted friends, relatives, and neighbours because they may point out something obvious that you may overlook due to familiarity.

    Clean thoroughly, declutter, and repaint the property. You don’t have to spend money on extensive renovations because it may be wasted on buyers with differing decorating choices. However, in some cases, improvements may be suitable, so we recommend seeking guidance from your agent.

    1. Be adaptable.

    When the market is quiet, buyers will take advantage by making offers that are far lower than the asking price. Instead of dismissing them outright, make a counter-offer. If the buyer is really interested, you might be able to work out a price that works for both of you.

    Allowing visits when requested should be part of the flexibility. Make sure your home is constantly ready for unexpected visitors and don’t turn away a possible buyer.

    1. Make an impression

    In a competitive market, you want your house to stand out. Make sure to highlight any unique qualities, make sure your advertising is appealing and in the correct areas, use social media, and get your neighbours involved because they can assist with the selling.

    1. Find the Best Agent

    A qualified and knowledgeable Conveyancing Property Lawyers Geelong, will ensure that your home sells fast and at the greatest possible price. You can evaluate potential agents by requesting several to do property appraisals and then selecting one based on their approach, recommendations, and questions.

    Cahill Rowe Conveyancing, Geelong, Surf Coast, and Bellarine Peninsula region’s premier conveyancers and top property lawyers, may be reached on 03 5292 1994 for a no-obligation consultation. Please make an appointment to have your property papers checked so that we have enough time to assist you.

    Looking To Sell Your Property?
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