Tagged: selling property

How to Maximise the Price of your Property

After spending years turning your house into a home, it’s easy to take certain things for granted – things that, to potential buyers, could be bringing its price down.

It goes without saying that the price of your property plays a major part in the sale. To make sure that it is maximised to its full potential, we thought we’d give you some tips to follow:

Clean Everything

When trying to sell your property, take your cleaning routine up a notch. Consider your home to be a temporary showroom – after all, you are trying to sell it. Wash the floors, sterilise toilet bowls, remove cobwebs from the ceiling, and give your glassware, silverware, mirrors, and windows a good polish. Leaving anything unclean will put people off and give them the impression that there’s more work that needs to be done than there actually is.

Make Sure It’s Brightly Lit

If the viewing happens during daylight, all curtains and blinds should be open to let in as much natural light as possible and show off any views, outdoor spaces, and surroundings. Mirrors are also a great way to help reflect the light, so see if you can add some to the rooms in a way that would enhance them. Also try to switch up any dark or busy soft furnishings with lighter and more neutral shades.

If It’s Broken, Fix It

We all know that buyers try to haggle, and broken things will give them further ammunition. Anything that isn’t looking or functioning the way it should – from squeaky doors and floorboards to flickering lightbulbs and chipped wood or tiles – should be fixed before you invite any viewers over.

Update Your Kitchen & Bathroom

Many rooms like bedrooms and living spaces are very personal, so new residents will undoubtedly make any changes necessary to feel more at home. When it comes to kitchens and bathrooms, a full revamp is probably the last thing they’d do, given that it’s such a cost and hassle to do so. Of course, this doesn’t mean that you should buy a new kitchen prior to putting your house up for sale, but a new lick of paint, polished cupboards and handles, and maybe an updated countertop will make a world of a difference.

Add Street Appeal

Most people looking for a house will know if it’s the right one within seconds of seeing it in person. This is why you need to make sure that your house doesn’t only look great from the inside, but from the outside too. Fix up the façade as best as you can – from the pathway and front door to the paint work, and see that it looks as welcoming as possible.

We also recommend that you find the time to go to an open house viewing and take note of the things that catch your attention; both positive and negative. This is a great way of opening your mind and realising what you can do better to increase your property’s value and, moreover, your chance of selling it.

There are many steps that you can take towards maximising the price of your property, and these five tips are a great start. You can also ask your local real estate agent in Malta to guide you accordingly.

Staging Your Property For Sale

What do you do when you’ve got guests coming over to your property? You make it look its best, right? From clearing up and cleaning to dusting, polishing, and other final touches, you probably have some sort of ritual that you go through to ensure that it’s up to standard. In short, you “set the stage” to prepare a warm welcome for your visitors.

When these visitors are potential house-buyers, however, fluffing pillows and aligning frames isn’t quite enough. Chances are that these people are complete strangers, and they’re not there to see you; but your property. Every single detail is going to make a difference, so if you want to sell your property, it’s your job to make everything look better than ever before.

You may opt for consulting with a staging expert to get the job done, or you can turn it into a DIY project – it all depends on the time and budget that you’ve got. To help you out, we’ve compiled a list of tips that will help you with staging your property for sale.

Before you get started, imagine that every room in your house was being photographed for a magazine. Are they picture perfect? If not, start with these easy but super-effective points:

Get rid of any clutter

Cleanliness is definitely important, but decluttering will take you that step further. Be sure to get rid of anything that needn’t be there. Start by putting everything in its proper place, and then move on to other smaller details that are not a necessity for potential buyers.

Check for any damages

Remove any stains, replace broken objects, and see that everything is working the way it should; flickering lightbulbs, squeaky doors, and creaky floorboards included. Anything that can’t be fixed – whether stains or breakages – must be removed altogether.

Get your shine on

Not all that glitters is gold, but it’s surely better than looking old, rusty, or stained. Be sure to polish everything that can be polished – mirrors, windows, glass and silverware, and give your furniture a good wipe while you’re at it too.

Let in some air

Stuffy rooms are far from welcoming, no matter how pretty they look. Open up your windows regularly to change the air around; this will keep the rooms fresh and cool.

Add some life

Plants and flowers are a great way of adding colour and life to any space, and they’re a very easy and inexpensive way of making any room look instantly better and more ‘homey’.

Maximise the space of the property

Try to make every room look as spacious and well-lit as possible. Consider alternative furniture placement options and remove anything that takes up space unnecessarily.

Make it welcoming

Small finishing touches can make a difference both in terms of the aesthetic of the property, as well as the feeling it gives potential buyers upon entering. A fresh door mat, plants, and perhaps some air freshener can go a long way. We also recommend preparing some baked goods and offering tea, coffee, or hot chocolate to visitors to enhance the overall viewing experience.

 

As you can see, all of these points are perfectly feasible but will make a very big difference. You don’t even have to do it all alone – get some friends or family members to help you out and turn it into a fun group project.

No matter what, remember that every detail counts. Put yourself in the buyer’s shoes and try to look at your property from that point of view.

For more advice on selling, pricing, or staging your property for sale, get in touch with us today. Don’t forget that our Exclusive properties are sold within an average of 90 days, so if you’re eager to sell, we’re eager to help you!

The 3 things not to do when selling your property

Have you been trying to sell your home for several months with no luck? Or maybe you’ve just started thinking about selling it but aren’t sure where to begin? Thankfully, we’re here to help – and how better to do so by giving you a list of what not to do? Read on to see the 3 biggest mistakes that people make when trying to sell their property:

Not giving it the TLC it needs

The state of a property is guaranteed to be one of the first things that potential buyers notice and can be a massive deal-breaker. Unless they’re specifically looking for a fixer-upper, they most likely don’t want to buy anything that needs significant renovating – both because of the work that goes into it as well as the cost that comes with doing so. Prepare your property before putting it up on the market and get it looking its best.

Not marketing it efficiently

Sticking a “For Sale” sign on a façade window might attract a little bit of attention, but if you really want to get your property out there, you need to market it well. Posting on newspapers and Facebook groups can also get you a few calls, but there’s much more to marketing a property than simply posting about it. Professional online advertising allows you to reach particular audiences which are most likely to be interested in your property, rather than any Tom, Dick or Harry who might just like your post because it’s got a pretty picture.

Overpricing

We know that the market is great for sellers right now, but that doesn’t mean that you should take advantage of that. Chances are that it will only work against you and leave your property on the market for a very long time. Your property is worth no more than what someone is willing to pay for it, and no one will agree to pay more than the market value. And don’t let the idea of reducing the price after several weeks mislead you – this can actually put people off as they will realise you’ve lowered the price and deduce that something is wrong with the property, so it will not encourage them to buy it.

Thankfully, here at RE/MAX Exclusive, we can help you out with all of the above. We can give you tips on how to prepare your property for selling, market it to the right audience, and value it professionally so that you can have a better chance of selling it. What’s more, being listed as an Exclusive Added Value Listing with us comes with several advantages – and we manage to help sell such properties within an average of just 90 days from listing.

Get in touch with us for more information by sending an email to [email protected] today.