10 tips to speed up the home buying and home selling process
Are you looking to sell or buy a property but feeling overwhelmed by the process? Don’t worry; it doesn’t have to be stressful. In this blog, we offer ten tips to help you as a homeowner or house hunter before and during the buying and selling process.
Contrary to what you might hear, it’s not just a case of leaving your house sale in the hands of the conveyancer and waiting; there are several proactive steps you can take to speed up the property transaction process.
10 ways to speed up your house sale or property purchase
1. Conduct thorough market research
Before starting, make sure you have a good understanding of the housing market in your area. Familiarise yourself with local house prices in Four Oaks, Little Aston, Streetly or surrounding villages of Sutton Coldfield using websites of reputable local estate agents like Moorhouse, and property portals such as Rightmove.
2. Choose a reputable estate agent
A trusted local estate agent can help you navigate the buying and selling process efficiently. Choose carefully. A solid, local estate agent can really make a difference to the outcome of your property sale or purchase. Check their website, speak to the owner / Director and make sure they have experience and knowledge of the area you are selling or buying property in.
3. Understand your property’s value
If you’re selling, obtain an accurate and realistic valuation of your home based on recent sale prices and current market conditions. Avoid the temptation to go with an agent who overprices your property. Realistically priced properties sell faster and ultimately deliver the best final sale price.
4. Prepare your home for sale
Clean and declutter to make your home more appealing. Make necessary repairs and stage your home with modern, neutral decor to attract potential buyers. If you’re selling in the spring or summer time, flowers outside are a treat to welcome potential buyers.
5. Showcase your home effectively
Ensure your estate agent provides high-quality photography, virtual tours, floor plans, and property videos. An optimal virtual viewing experience can attract more interest and lead to a quicker sale.
6. Ensure extensive marketing
Your agent should market your property extensively, including on large property portals, social media, and their own website. This broad exposure helps reach more potential buyers, encouraging quicker offers and sales. Ask your agent how they contact active buyers registered with them. The more personal the approach, the better, so choose an agent who assures you of this approach.
7. Prepare your finances when buying
If you need a mortgage, determine how much you can borrow to set your budget. Seek advice from an independent financial advisor to find the best mortgage deals, and secure a lender’s agreement in principle to strengthen your position as a buyer. Your estate agent should be able to recommend trusted financial advisors.
8. Get ‘Buyer-Ready’
When ready to make an offer, have all your paperwork, including proof of income and credit score, in order. Instruct a recommended solicitor to handle the conveyancing promptly. Again, your estate agent should be able to recommend a trusted local solicitor or conveyancer.
9. Get ‘Sale-Ready’
As a seller, prepare the necessary documents like the title deeds. If you have multiple offers, consider choosing a buyer with a shorter chain to reduce the completion time. Your estate agent should be able to qualify all buyers, check the chain and give you advice on which buyers and offers are the strongest. Ultimately, of course it is your choice. Line up your chosen solicitor early to handle the conveyancing process.
10. Select an estate agent with proficient Sales Progression support in place
Choose an agent who can demonstrate dedication to manage the post-sales support. Someone who can oversee the process, communicate with all parties, and ensure everything moves forward efficiently, reducing the risk of delays. Ideally this should be handled in-house, like we do at Moorhouse.
By following these tips, you can significantly speed up the process of buying or selling a home. Take proactive steps and work with a professional agency like Four Oaks estate agent Moorhouse who can support you throughout the journey.
To discuss ways to speed up your property sale or purchase, speak to Moorhouse today. We’d be happy to give you free advice, even if you have already instructed another agent and things are not moving as quickly as you had hoped.
You can also find more useful information for home sellers and home buyers in Four Oaks, Little Aston, Streetly or surrounding villages of Sutton Coldfield on the Moorhouse website.