Portugal Property

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Portugal Property: High Costs and Disappointing weather

Date: 23/9/2008

Wanting to move and selling a property in the UK's declining housing market can be a tough proposition for the unprepared.

Half the battle when moving house is selling your existing home, however even in today's struggling market, the seemingly impossible can be achieved. With the right approach and a bit of know how, it is possible to beat the current trend and achieve a sale at a good price.

There's an understandable air of caution about the property market at the moment, and there's no denying that the current market is tough, however that doesn't mean your existing home will not sell. People do still want to move, however there is a little sense of urgency amongst buyers. This means they have their time in selecting the home they want. So making your home the best on the market and being a little bit clever in the marketing of your home should help you to achieve a good price and get moving fast.

Three key steps to achieving a sale:

1) Keep your home in pristine condition

It may sound obvious, but the first step to achieving a good sale is keeping your home in tip top condition. This means cleaning everything from floor to ceiling, making everything tidy and presentable and choosing accessories and décor that will appeal to a range of buyers.

2) Highlight any features that give your home an edge

Homes that have an edge or a unique selling point will always get snapped up quickly, and sellers should highlight any features that might be of particular interest buyers.

These could include breathtaking views, privacy, a waterside location, proximity to schools and absence of noise. It's important to really play on the positive aspects of your home, especially if there are any negative points. It is rare that buyers will ever tick all the boxes on their perfect home list, however if sufficiently  impressed by one or two fantastic features of a home, they might just be bowled over enough to put in an offer.

Painting the picture is essential. You have to remember that not every one likes what you like, but if your viewers can get a good picture of how the property can look then they can make an informed decision.

3) The right price

A realistic price will sell your home. A property is only worth what a buyer will pay for it so vendors have to be flexible. Research comparable properties for sale in your area and ensure you are priced just below this level to entice potential buyers.

It's natural that vendors will worry about losing money on the sale their home, however it should be remembered that even though sellers may have to price their property at say 10 per cent less than they hoped to achieve, the new home they go on to buy will also be priced at 10 per cent less than it was a few months ago.

So for buyers moving up to larger properties this is actually a very good time to make a move.

 

Painting the picture is essential. You have to remember that not every one likes what you like, but if your viewers can get a good picture of how the property can look then they can make an informed decision.

3) The right price

A realistic price will sell your home. A property is only worth what a buyer will pay for it so vendors have to be flexible. Research comparable properties for sale in your area and ensure you are priced just below this level to entice potential buyers.

It's natural that vendors will worry about losing money on the sale their home, however it should be remembered that even though sellers may have to price their property at say 10 per cent less than they hoped to achieve, the new home they go on to buy will also be priced at 10 per cent less than it was a few months ago.

So for buyers moving up to larger properties this is actually a very good time to make a move.

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