A Guide for First-Time Sellers

Published: 10/10/2020

Whether you want to move to a new location, upgrade to a larger home or are looking to take on a project property, selling your home can seem like a mammoth task.

If you have never sold a house before, all the unknown processes can leave your head spinning. Maybe you need to sell your home right away or perhaps you are making preparations to put your house on the market in next year. Whatever your situation, we have created a helpful guide to prepare you to sell your home for the first time.

Preparing your home

You want to ensure prospective buyers see your property in its best light to promote more interest, a quicker sale and a higher offer. Viewers of the home need to be able to picture themselves living there. Cleaning, decluttering, tidying and repairing the home will ensure the home is move-in ready and more desirable to house-hunters. Getting the house up to a good standard will make it easier to sell and could even get you a higher offer.

If you are thinking ahead, there are many improvements you could make to add value to your home. Updating your kitchen, installing central heating or even adding an extension could help you get the best price for your property.  

Read more about the 10 best ways to add value to your home.

Willmotts are an Award Winning estate agent in Hammersmith London W6

The process of selling your house usually takes two to three months, but it could take longer,  especially in the current market 2020. Willmotts have been helping property owners since 1856, we are here for the long term and believe in getting the best for the client, to generate a longterm relationship rather than a quick buck.

Here are some important things to consider when choosing your estate agent:  

● Will you choose online or traditional estate agency? – Traditional estate agencies will provide the full service of selling your home with an office you can visit and will charge a fee once the sale has gone through. Online agencies are less commonly used by sellers. An online agency usually will not have an office and will charge an up-front fee for advertising your property online. Find your local Guild Member here.

● Qualifications and experience – Not all estate agents have qualifications, but it is especially important the agent you choose has experience selling a home similar to yours.  

● Professional memberships – Estate agents with a professional membership will be regularly updated with the latest codes of conduct and Government guidelines. Look for memberships, such as The Guild of Property Professionals, the National Approved Lettings Scheme, The Association of Residential Letting Agents or The UK Association of Accredited Letting Agents

● They sell similar homes to yours – If you are selling an affordable first home, an agent selling similar homes will understand how to best market that type of property.

● Compare fees – Find out what services they offer, the costs of these services and additional fees, such as withdrawing a property from a sale. Lower fees may be an indication of what is included in the service. A standard fee may not cover additional marketing fees.  

● Marketing – Find out exactly how the agent will be marketing your property. Do they have Virtual Viewing tools? Where will your property feature on online platforms and portals? Will your property be advertised in print and online publications? Will a professional be taking the photos and videos?

● Agent reviews – Reading recent reviews can give you a good idea of what your experience will be like. You could also ask your friends, family and neighbours for their recommendations.

● Covid-19 policy – Find out what measures your estate agent will be following and how this will impact the process of your sale. View The Guild's Health and Safety policy here.
Read more in our guide on how to choose an estate agent.

Set the right price

The pricing strategy can have a big impact on the interest in your property, the offers you receive and how quickly it sells. Book a quick online valuation to get an initial idea of the value of your home. Then, by speaking to estate agents, you can get an idea of what they think your property is likely to sell for and what strategies they would use to maximise your property’s value.

Guild Members can offer a safe alternative to face-to-face valuations so that is can all be done remotely and your move does not need to be put on hold. With their Virtual Valuation Service, you can receive an accurate and professional valuation from home.  

Tip: Keep Stamp Duty Land Tax brackets in mind when pricing your property.

Buyers will be factoring in how much tax they may have to pay to buy a property.

Use our Stamp Duty Calculator here.

Are you trying to find a new place to live, call Willmotts for property advice or information with selling and or buying a home please email sales@willmotts.com or call 020 8222 9958

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