Selling a House in a Buyer’s Market

Selling a house has always been a big and often stressful job but in the present market it is proving to be even more so.

Most people who want to buy are having trouble finding funding as banks crack down on who they will consider giving a mortgage to. Those people who can get funding are finding themselves in a position to be fussy about price and quality as sellers compete for their business.

Experts are suggesting that those people who want to be successful in shifting their house need to work out what its value was in 2007 and mark the price down roughly 25%.

Once that is done there are a few other things you can do to make your property stand out from the hoards of competition.

–    Make sure your advertising shows your home off in its best light. People forget that this is where the buyer gets their first impression, not when they walk through the door. On that line, make sure your house looks appealing from the curb. A lot of people will drive by to get a look before they make an appointment.

–    Give the inside a lick of paint and tidy up. Once the buyer does come through the door you want them to see a comfortable, clean abode.

There are still buyers out there if you get the price right and make your house more attractive than the competition.

Remember, every property has a selling price. The question is what is somebody prepared to pay for yours?

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