Selling? – An Emotion Free Affair
Posted on Nov 21 2012 at 03:25:08 PM in Real Estate
The swift sale of a property should be an emotion-free affair, which proves to be a bit of a tall order for many of the sellers out there. Undoubtedly, there are many emotions and memories associated with the property, but owners need to keep in mind that the sale is likely to be the single biggest financial transaction in their life so doing it right is well worth it and if emotions are in the way, they have to be dealt with or the house will never sell.
Emotions and sentimentalities can lead to some serious clouded judgment and poor decision making. Number one mistake of owners selling is overpricing the place because it is their place and buyers will have to fork out the big bucks if they want it. Well, as glorious and purist as this sounds, in most cases it turns out the place is no big deal and buyers brush off the offer as too high and not worth it.
Initial overpricing of the property is a hard blow to recover from as the next buyer will want another price drop and the two offers might be a long time apart. Sellers who have bought their property before the estate bubble burst a few years back will be looking to break even at least but sorry to pop their bubble, but the estate prices have plunged and the property will never cost the same amount again. Don’t expect large figure offers on behalf of the buyer – it is a different market today. Try to sift through and select the good offers you are getting fast. The longer a property sits on the market, the more it depreciates in value and the worse offers it is likely to receive. If you have a good offer, consult with your agent and grab it, there is no point in waiting around.
Be active about the sale and keep the place clean all the time, a team of cleaners in Merton will do the trick, they can handle all types of house cleaning South Acton is serviced seven days a week.