Getting A House Sale Price Correct

With house prices static overall, if you do decide to sell, it’s vital to get the house sale price correct. But how do you achieve that?

The National Association of Estate Agents have some top tips for sellers to help them get a house sale price correct.

1. House prices can vary across locations

National reports indicate can provide indications of what’s happening the property market but house prices in particular regions, towns or even street can buck this trend. Do your research to see how prices have been changing in your particular location. There are websites that can help with this.

2. Is the trend up or down?

Understanding how houses are priced right now is good, but you also need to know if the general trend for these is up or down. This can help you to price cleverly if you want to.

For example, if prices are dropping by 1% every month and you want to sell within 3 months – drop your price by 3% at the outset. This will give you a more competitive price and increase the chances of getting a good offer.

3. Consult the professionals

A professional estate agen can be invaluable in the selling process, having the most up to date information on prices and activity in your area.

4. Consider the buyer’s

Price your house realistically. Don’t add value for your sentimentality – this won’t be felt by the buyer!

5. Decide what price you will accept

As well as knowing the price you’d like to get for the sale of your house, know the amount you’re prepared to accept to get a sale. This will help with your own expectations and help to make sure any negotiations with buyers are straight forward.