Page 42 - Dainfern Precinct Living Issue 8_2022
P. 42

Property News

        BUYING AND SELLING


        AD
                          VICE
        ADVICE





                                                                                  worth more or less than what you
                                                                                  think.

                                                                               •   Take the emotion out of your approach.
                                                                                  You may be thinking your home is
                                                                                  worth a certain amount, but be sure to
                                                                                  get advice from a professional, who
                                                                                  will be more ojective.


                                                                               •   Stage your home. When home
                                                                                  shoppers enter a nicely staged
                                                                                  home, they can imagine themselves
                                                                                  living there. Professional staging is
                                                                                  not necessarily required. A few small
                                                                                  steps, such as the ones below, can
                                                                                  go a long way towards enhancing
                                                                                  your home’s appeal to buyers:

                                                                                    o  Declutter and depersonalise
         Top tips for house hunting: How                                              so the buyers can imagine
                                                                                      themselves living there.
         to ensure you are not overpaying                                           o  Put away kids’ toys, books,

                                                                                      excessive administrative
                                                                                      paper/documents that have
                                                                                      been lying around for months.
               ll home buyers have one thing   but remember that real estate agents
               in common: They don’t want to   are professionals with unparalleled     o  Clean up, make the beds, open
         Aget ripped off, in other words,   market knowledge. They know the           the curtains, put away clean
         they want the best value-for-money   market conditions, comparable           and dirty washing.
         deal. Whatever the state of the housing   available properties, resale values and
         market, it’s especially important to   investment appreciation prospects.
         make sure you pay a fair price.                                       •   Have your house professionally
                                            Pay attention to your real estate agent’s   photographed. A video will also go
         BEFORE MAKING AN OFFER             advice about price. Be prepared to    a long way. Once again, remember
         You need to know how to determine   negotiate within reason rather than   that estate agents know how best to
         the price of any home, so you can   just accepting the seller’s asking price.  photograph your house to show off
         make a sound investment decision. The                                    its finest features.
         following pointers are important:  TOP TIPS FOR SELLING: HOW TO
         •   Consider recently sold properties in   SELL YOUR HOUSE EFFORTLESSLY   •   A little fixing up works miracles.
           the area.                        •   Choose the right estate agent for   Touch up areas with paint where
                                              your needs. A good estate agent can   needed, replace broken windows
         •   Check out comparable properties on   do a lot to sell your house faster and   and fix hinges and cupboard doors.
           the market.                        for more money. Remember, estate
                                              agents already have lots of potential   •   Make sure that all areas are
         •   Look at unsold comparables - why is   buyers. Sometimes your house   accessible when potential buyers
           a house on the market for too long?  will offer unique characteristics,   come to view the house. No one
                                              such as a home office, studio, gym,   wants to be told that viewing of a
                                              wheelchair-friendly access, etc.    certain room/area is not possible on
         •   Learn about market conditions in
           the specific area.                 Your agent will probably already    a given day.
                                              have a few buyers with those exact
                                              requirements just waiting for the
         •   Be wary of 'for-sale-by-owner'   perfect match.                   And finally, remember that curb
           properties.                                                         appeal is your property’s first
                                            •   Carefully consider your asking   impression for prospective buyers.
         •  Work out the expected appreciation   price. Again, get a professional   An attractive street view will be
           of the property.                   valuation. What you’re seeing    welcoming and signal to them that
                                              on property websites is not      you've cared for your property - and
         Ask your real estate agent           necessarily comparable to your   they can be assured that your house
         You may feel tempted to buy privately,   house. Your property may be   has been well-loved as well.

   40 DPL issue 8 2022
   37   38   39   40   41   42   43   44