Estate Agent explains why it's hard to sell homes
We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info
The latest data from GetAgent.co.uk has revealed that the time it takes to sell a home has changed during the first half of 2021. The new research found that the time to sell a home across England increased by just over two weeks in the run-up to the first stamp duty threshold reduction. Between January and June of this year, the average property was taking 320 days to sell – a 16-day increase compared to the latter half of 2020.
The data is based on the point a property is listed online for sale until it is registered as sold with the Land Registry.
So what can make a home more difficult to sell?
Leading UK Property expert Kate Faulkner shared which homes are actually “really difficult” to sell.
Surprisingly, a dirty or messy home isn’t always the most difficult to sell.
Kate, who set up a free consumer education site called Propertychecklists, discussed what makes a home tricky to sell with Eamonn Holmes and Ruth Langsford on ITV’s This Morning in 2018.
Eamonn said estate agents “can’t work miracles” when they’re trying to sell a “filthy” property.
He said: “In defence to estate agents, they can’t work miracles.
“People give you a filthy, horrible mould-ridden house to sell and they don’t know why it’s not shifting.
When NOT to scarify your lawn: The FIVE signs it’s the wrong time [INSIGHT]
Energy bills: Homeowners can ‘save money’ with simple furniture trick [UPDATE]
Building industry branded ‘paralysed’ – what does it mean for YOU? [ANALYSIS]
“You get some horror stories don’t you?”
Kate explained that buyers are typically after two types of homes.
She said: “You absolutely do. But I tend to find, buyers actually want a show home these days or a ‘doer-upper’.
“They don’t necessarily mind if it’s filthy.
“But if they are half and half – half filthy and half show home – that’s actually really difficult to sell.”
There are a plethora of reasons a home won’t sell, from not having a garden to lack of parking.
The coronavirus pandemic and the shift to home-working has seen more buyers prioritise extra space and a garden.
Looking for a new home, or just fancy a look? Add your postcode below or visit InYourArea
Experts from regulated property buyers, GoodMove have shared some common reasons why your home isn’t selling and how you can change it.
No garden can be a deal breaker for a potential buyer, and sadly there is not a lot you can do.
But to make whatever outdoor space you have more attractive, you can add plants, pots and herbs.
This will help give the impression of a garden.
If you have a patio, you can even add some artificial grass to make it feel greener.
Lack of parking
Not having a designated parking space can be a huge problem for potential buyers.
There’s not a lot you can do about this if you don’t have one, but it’s a good idea to address the issue by sharing information on the nearest parking facilities.
Also, explain where public transport links are located and how much they cost.
The best way to address noisy neighbours is to politely address the issue you have in person.
If a polite conversation doesn’t work, then try writing polite notes and recording noise disruptions.
Finally, if you can’t come to an agreement, speak to your local authorities.
High asking price
Overvaluing a property can really put off buyers.
Your home will end up sitting on the market for longer which can also make buyers wary.
Make sure your property is fairly valued.
Source: Read Full Article