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Selling your property is an exciting yet often overwhelming task. Whether you’re a seasoned seller or a first-time homeowner looking to move on, showcasing your property in its best possible light is essential for a successful sale. From curb appeal to interior presentation, every detail matters when it comes to attracting the right buyers.
Here, we navigate through steps for preparing your property for sale and offer strategies for highlighting its best features. We discuss finding a real estate agent that’s right for you, and share practical advice to help you get to market feeling confident.
It’s important to plan your pre-sale improvements wisely. What you spend on renovations will be determined greatly by the outcome you’re trying to achieve and the last thing you want to do is spend money you won’t see returned. Your agent is the best person to talk to about where to prioritise your renovation budget.
There’s no point spending big on luxe landscaping when buyers in the area are time-poor, seeking low-maintenance gardens instead. Agents are helpful in picking out the flaws we can’t see in a property, which often happens when we’re attached to a property we’ve lived in for years.
Here’s our top renovation tips for getting your property ready for market. Remember, it’s all about prioritising value-adding improvements and sticking to a carefully considered plan and budget.
Clean, declutter and repair
Start by thoroughly cleaning the property and address any minor repairs or improvements such as leaking taps, broken tiles, or chipped paint. Not only will this make rooms appear larger, but people can mentally plan the space for their own belongings. An organised house gives the impression it’s been well-cared for. Items that might be sentimental to you but are awkward in a room, are best kept in storage. Remember, people want to imagine a space where they can create their own memories.
Enhance curb appeal
Buyers need to feel a warmth and connection to your property at first inspection. While a fresh coat of exterior paint is always a great start, it’s costly. Not feasible? Consider painting your front door and fence instead. Maintain the lawn, trim hedges, and refresh the garden with new plants to create an inviting entrance.
If your front path looks tired, pressure cleaning is a great way to breathe new life into your pavers without having to actually replace them.
Update the kitchen
New kitchens are expensive, costing anywhere from $20-35K for something mid-range. Talk to your agent about whether replacing your kitchen is worth the investment. If not, simply replacing dated handles on cabinetry is a great way to start.
A fresh coat of paint can help to modernise, too. Replace dirty or stained grout and consider a new splashback — this is only a small area to cover, so it can be a good place to spend a little more on quality tiling or even stone. Old tarnished taps are an immediate turn off for buyers, so replace tap ware with something fresh. New appliances will instantly lift the space — a new kettle or coffee machine can make the world of difference.
Refresh the bathroom
Bathrooms are where buyers see themselves spending the most on fixes and updates. People often don’t feel ‘handy’ in this space, so they only need to glance at a tired old bathroom before they start tallying the costs of bringing in the professionals.
If your tiles are dated but still in great shape, consider a fresh coat of tile paint. Replace any cracked tiles and clean or replace damaged grout.
Styling is key here. Luxurious towels, a glowing scented candle and an indoor plant will help transform the space (and of course the room should be sparkling clean!).
Paint
We’re yet to meet a buyer that doesn’t appreciate a fresh coat of paint. Nothing screams ‘buy me’ more than a house that’s clean and inviting, ready to be moved into straight away. It’s often best to keep your colour palette neutral so that it appeals to as many buyers as possible.
Flooring
Timber flooring or alternatives like bamboo or laminates are popular amongst buyers. If you can’t afford to replace all your flooring, consider high-traffic areas. Stained or damaged carpet needs replacing, so prioritise your budget accordingly. Likewise, make sure your skirting boards are in good condition. Replacing the odd panel won’t break the bank and will ensure a polished final look.
Styling and staging
You want your home to appeal to as many buyers as possible. Personal touches are great but remember, people want to imagine themselves in the space.
If the property is vacant, consider hiring a professional stylist to furnish and decorate the space. Staged homes often sell faster and for a higher price than vacant or poorly-furnished properties.
Finding an agent that’s right for you
Given most sellers choose to use an agent to market and sell their property, finding the right agent is arguably one of the most important choices you can make when selling.
Not only are agents motivated to get you the best price possible, but they bring expert advice to the table and negotiate on your behalf. It’s important you find an agent that understands you, so you get the best result and experience possible.
When is the best time to sell?
While certain times of the year tend to be more favourable for sellers, the only real right time to sell is when it suits your circumstances. Downsizing, upsizing, relocating for work, debt reduction, or a growing family are just some of the motives for sellers to relocate.
Each season offers unique advantages that sellers can leverage to maximise their chances of a successful sale.
Spring:
Spring is often regarded as the optimal season for selling property. As the weather warms up and gardens come back to life, potential buyers are more inclined to venture out and attend open houses. Additionally, families with children often prefer to move during the warmer months to avoid disrupting the school year, making spring an ideal time for them to start their property search. The increased demand during spring can lead to quicker sales and potentially higher selling prices.
Summer:
Properties with pools, decks, barbeque facilities or cubby houses/play equipment tend to shine during the summer months. Buyers are often in a more relaxed mindset and can better imagine the lifestyle on offer from certain properties. Buyers often like to be settled in their new homes before Christmas, so it’s best to have a discussion with your agent on how to best navigate your sale around the holidays.
Autumn:
With the return of cooler weather, buyers are often motivated to find a new home before winter sets in. Additionally, properties tend to showcase well in the autumn months, with colourful foliage adding curb appeal. Buyers who missed out on purchasing during the spring and summer may be more determined to secure a property before the end of the year, potentially leading to quicker sales.
Winter:
While winter is generally considered a slower season for real estate activity, it doesn’t necessarily mean that selling during this time is going to be any more difficult. Serious buyers often continue their search regardless of the season, and there may be less competition from other sellers. Thoughtfully-staged homes offering a warm and inviting aesthetic are incredibly appealing to buyers looking for a cosy retreat.
Marketing and Advertising
Your marketing campaign is arguably your most important tool in appealing to the greatest pool of buyers and your agent is going to be the best person to talk to about strategy.
We suggest:
Investing in Professional Photography
Quality photographs are essential for online listings and marketing materials. Hire a professional photographer who specialises in real estate photography to capture your property’s best features. Consider that interstate or even international buyers are going to appreciate an immersive experience. Videos plus digital walkthroughs are an excellent marketing tool, especially if you’re advertising through social media. They allow buyers to get a proper feel for the layout of your home, meaning people are more likely to connect with the space.
Highlighting Key Selling Points
Identify and emphasise the property’s unique features and selling points, such as a renovated kitchen, spacious backyard, or desirable location. Prepare a list of amenities, recent upgrades, and nearby attractions to include in marketing materials.
Market the Property Effectively
Work with your real estate agent to develop a comprehensive marketing strategy. Utilise online listings, social media, print advertising, signage, and open houses to attract potential buyers. You’ll also need to consider the costs of a digital floor plan, or any additional print or advertising material. Real estate agents have a network of these services that they utilise, and top agents are going to insist on quality.
Set Realistic Pricing
Research comparable properties in the area to determine a competitive listing price. Your agent should work with you to set a realistic price based on market conditions, recent sales data, and the property’s features.
Get a Pre-Sale Inspection
Consider hiring a qualified inspector to identify any potential issues that could arise during the sales process. It’s best to address any significant issues before listing the property to avoid delays or negotiations during the sale.
Plan for additional expenses
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- Conveyancing/Lawyer fees
- The deposit on your next purchase
- Agency fees
- Insurances
- Moving costs
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How ONE AGENCY SELECT REALTY Can Help:
Via our partners, we let you access the equity in the property you’re selling to fund any number of the expenses mentioned on this page.
A bridging facility can be offered at any stage of the property sale, right up until settlement. Once established, the flexible funding options allow you to access funds once-off or throughout the sale.
There is nothing to pay upfront; the cost simply comes out of your settlement total. Rather than putting strain on your cash-flow at an already stressful time, our service lets you utilise your home’s equity so you can fund your next move with ease.
For more information on our services or you can contact us here to book your appraisal or call 0800 663 243.
T&Cs apply. NOTE: This article is for general information purposes only and is not intended as financial product advice. Consider seeking independent legal and financial advice that relates to your individual circumstances.