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How You Can Sell Houses Rapidly Even In The Present Economic Situation

By John Akin

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Home values fell back 13.6% year on year to March, but the good news is that the decline has definitely started to slow down considerably, and the Royal Institute of Chartered Surveyors, and many Estate Agents report a large surge in New Enquiries from would be purchasers.

According to the Department of Communities and Local Government; the drop in the average price of a UK Home between February and March was just 1.3% which is less than half the 2.7% drop of the previous month. This means the average price of a Home on the UK market was £187,193 in March.

So, what can you do in order to get a Quick House Sale in the present downturn?

One thing you can consider is improving the condition and layout of your Home. Conservatories, Loft conversions, room extensions, Well Designed Kitchens and High Quality Bathrooms are the home improvement moves that generally add the most value to properties, and because of the downturn, lots of suppliers & installers will be more than willing to give you a great price for the job. As an example, opening up and renovating your roof space may add around £13,500 to the value of the average UK Home. Enlarging the critical rooms of a Home can add a similar amount to its value.

However, you should bear in mind that, especially in the present downturn, valuers are taking an extremely conservative view as to the value of all home improvements. Therefore you should be extremely careful before committing resources to projects like this. At the moment, home improvements are more likely to achieve a faster sale, rather than significantly increasing the value of your Home.

Another way to Sell Property Fast is to be flexible about your price. It can pay you very well to concede a sizeable discount on the Home you’re selling in order to finalise the sale speedily. Bear in mind, once you have the money in the bank, you have all the negotiating power of a cash Home purchaser, and if you happen to be trading up in the market, you’ll be in a position to close the gap (in cash terms) between want you get for your old Home, and what you pay for the new one.

Occasionally, it can even be worthwhile calling in one of those specialist “Sell House Fast” Companies. These specialize in rapidly negotiating & completing a deal with you in return for a typically 20% discount. That’s the power of the cash buyer, and once you’ve become a cash buyer, you’ll wield the same power in negotiating to buy your next Home.
John Akin

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The author has been in business for over 30 years, and uses self managed property investment as a safe & efficient vehicle for security, growth and income.

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