Although it has been revealed that house prices across the UK have risen a significant 12.1% in the last 12 months, many are predicting a small realignment in the market next year. This means that in 2015, prices may not rise as much, or might actually decrease slightly as buyers start to kick back against the steep sale prices of homes across the UK, particularly in London and the southeast.
In short: if you’re looking to sell your home in the near future, aim to complete either this year or as early as possible into 2015, as you’re not guaranteed to get the best price for your property.
In this article, we will provide some advice on how to best beat the realignment, and get your house sold while the prices are still at their highest.
A Little Bit of Competitive Spirit
The most common way to sell a house is to go through an estate agent. However, the straightforward methods of house viewings and meetings might not be the best way to get your home sold quickly.
A more unusual way to increase your chances of a fast sale is to encourage potential viewers to compete against each other by holding an open house viewing which all interested parties attend at the same time. This way, potential buyers meet one another, are able to gauge one another’s interest in the property, and may be compelled to outbid each other.
Alternative Methods
It’s simple logic: the more house selling methods you try, the wider an audience you open your listing to and therefore the more you increase your chances of selling. Therefore, alongside using an estate agent and trying an open house viewing, you could also put your house up for auction.
Property auctions are a great selling method because they pit people against each other in a bidding situation where competitive nature may take over. Although it can be a little bit risky – your house might not sell or sell for a low price – when it works, auctions are a great alternative method.
A Guaranteed Sale
If your main priority isn’t achieving the highest sale value, but receiving a sale quickly, then a better method could be to sell your home through a house buying company like this one. This method won’t give you the fattest pay cheque at the end of the process, but it will guarantee a sale in the least amount of time.
Cover photo credit: Jen R / Flickr