Local Life - Wigan - September 2021

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42 4 Reasons The why your home hasn’t sold In a perfect world, you’d list your home for sale, schedule viewings, receive multiple offers, and sell your home fast and above list price. Unfortunately, selling your house isn’t always that simple and your home could end up sitting on the market longer than you anticipated. Let’s dive in and discuss four likely reasons your home hasn’t sold and what you can do to fix the problems. Your home needs improvements Being a homeowner means keeping your home and property in good condition. You may need to put a little time and money into your home so you can receive more offers and sell your house quickly. Furthermore, if you’ve had buyers interested in your home, but maintenance problems are encountered during the home survey, you could end up losing the sale. The solution? Before listing your home for sale, start researching what other similar homes are being sold for. If other sellers (in close proximity) and in your price range have a recently remodelled kitchen or bathroom, or new flooring throughout, they’ll likely outshine your listing. Research your options on which home upgrades will give you the most ‘bang for your buck’ in your market. If you know there are issues that will be highlighted in a survey, make sure to address these before putting your home on the market. Your home is priced too high Pricing a house too high happens more often than you might think. The longer your over-priced home stays on the market, the more likely it is that you’ll need to drop the asking price. Typically, if a home sits on the market for a long time, buyers will assume it’s because something is wrong with it. solution? Check what similar homes in your area are listed (and have sold for) and use an online calculator for a home value estimate. Your agent will also be able to work with you to price your home competitively with an expertise that can’t be matched with online tools. Don’t be tempted to go with the highest offer, but rather the one that’s well researched out – you can ask your agent how they arrived at a certain price. Your home is cluttered and dirty It happens to all of us. Your daily mess just becomes junk that you overlook day-by-day. But trust me – the piles of paper, boxes of toys, and mounds of clothes will definitely be noticed by potential buyers. Clutter will distract buyers from your home’s best features and will make the space appear smaller. The solution? As you’re decluttering, be sure to pack away family photos, excess books and clothes. Instead of stashing your stuff in closets, box up what you don’t need and store it elsewhere. Then clean your house from top to bottom. Wipe and dust every surface, decoration, and window inside and out. Mop and vacuum carpets and floors. Your kerb appeal isn’t appealing Take a walk around your street – why do some homes appear inviting and others less so? Is it the green lawn and the neatly cut hedges? The fresh coat of paint? Now, walk past your home and try to picture yourself as a potential buyer. What needs work? The solution? Many buyers won’t even visit your home if it doesn’t look nice from the outside. Your lawn, hedges and trees should be neat and there shouldn’t be any visible weeds. Have your windows washed and hire a power washing company to clean driveways. The longer your home sits on the market, the less appealing it will become to buyers. Identify what is preventing potential buyers from making any offers and fix the issues as soon as possible. This way, you can sell your house quickly. Alan Batt is a member of The Royal Institution of Chartered Surveyors (RICS) and has worked within the Wigan property market for over 30 years. Alan Batt For more of Alan’s tips, guidance and analysis on the Wigan property market, check out his blog at www.alanbatt.co.uk
Selling in Wigan? 43 We are achieving better prices and quicker sales in Wigan than other agents. Alan Batt 101% Better Prices* Agent B Agent C 98% 98% £ Better % 90 91 92 93 94 95 96 97 98 99 100 101 Alan Batt Agent D 21 days 26 days Faster Sales* 9 August 8 August 7 August Agent B 29 days Days 18 19 20 21 22 23 24 25 26 27 28 29 We do more to achieve more. Call us today on 01942 233 999 for a free valuation. *Source: www.ea4me.hoa.org.uk Actual Asking price vs Asking price & Average Sales Time May 2021 All WN postcode areas except WN7 (Leigh) Wigan Office 78 Market Street, Wigan WN1 1HX • 01942 233 999 www.alanbatt.co.uk
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Local Life - Wigan - September 2021

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