Tag: How to value my home

How Long Does it Take to Sell a House?

In 2021 the average time to sell a house in the UK, from offer being agreed to completion is just over 11 weeks, 81 days to be exact.  Here at Harrisons Homes we are agreeing sales within 16 days of going to the market.  So from listing to completion you are looking at 97 days, or 13.9 weeks.

However, it can take longer for homes in poor condition or that are an unusual building. Additional factors, such as the time of year and the “heat” of the market can also affect how long it takes to sell a property. Last year houses took longer to complete due to the backlog of house sales caused by the first lockdown in March and the pressure on conveyancing as a result of the demand caused by the stamp duty holiday.

My House Is Not Selling – What should I Do?

If you’ve identified that your house sale is sticking, here are some suggestions of what you can do to increase your chances of finding a buyer and selling your home.

  • Asking price. Sadly, some agents, who are financially rewarded for the number of houses they put up for sale, rather than the number of houses they sell. can inflate their valuation in a bid to get your business. This can result in a high asking price that puts people off.  Very few people will put in a “cheeky offer” on a house that they believe is overpriced.  Take a look at similar properties (size, location, condition, etc.) that have sold recently in your area.  Then look at those that have been sitting on the market for some time. This is a simple way that you can research prices and should give you a good idea if you’ve priced your home too high.
  • Switch estate agents. Currently houses are selling very quickly.  If your home hasn’t sold within four weeks it’s time to have a serious conversation with your estate agent.  Ask for their advice and suggestions to get your house infront of active buyers who are able to make an offer.  You should only have buyers coming through your door for a viewing that are either chain free, under offer or true cash buyers.  If you aren’t satisfied with how your agent is performing, you can switch.  Shop around and ask friends for recommendations. There are also some helpful estate agent comparison tools online. Try to understand why your current agent isn’t getting results.  Then take your list of expectations to some different agencies to find one that can serve you better.
  • Prepare Your Home for Viewings. Make sure that the property is de-cluttered and clean for viewings.  Consider staging the rooms, for example, placing fresh flowers around your home, lay the table for meals.  Or, with so many people working from home, create a designated home office space.  When it comes to presenting your home for viewings, the little touches really help.
  • Ask for feedback. Asking potential buyers for feedback after viewings can provide valuable insight into why the property isn’t selling.  Consider what they are saying with this feed back. For example, if people are people put off by the messy garden. It is worth spending a little time or money giving it a good tidy.
  • Vet Offers Before Accepting. If you receive multiple offers, consider the bidders’ circumstances and how much they are willing to pay for your property. Do they have an agreement in principle from a mortgage company? Are they in a property chain, or are they a cash buyer? Opt for the buyer who is most likely to see the deal through to completion. Over the one who makes a high offer but is part of a lengthy chain or has yet to secure the finance they need.

Act Today

In a perfect world, the home selling process would be straightforward and quick. 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.

If you are concerned about the amount of time that it is taking to sell your house, why not give our team a call on 01795 474848 for some no obligation, no pressure to switch to us, just some honest advice.

Tag: How to value my home

You need to get your property valued?  You may have heard of our virtual valuation service but not really know what it is or why it would benefit you.

We offer three different types of valuations.  Instant, virtual and our face to face home valuation.

The Instant Valuation

Our instant valuation does exactly what it says.  Enter your address and number of bedrooms and our system will send you a instant figure giving you an indication of the value of your home based on local data and previous sales data.  It’s a good basic guide, but doesn’t take into account any home improvements you may have made or the standard of the finish.

To get a true idea of the value of any property we really need to physically see it to take into account your home improvements and how marketable your home is.

The Virtual Valuation

Having a face to face valuation isn’t always possible. Especially during these times of Covid and people needing to social distance.  It’s not always practical to have someone in your home.

Or, it may be, that you simply don’t want estate agents coming into your home, competing for your business.  You may want to take time to consider your sale before you go into the market.

Harrisons Homes have developed our virtual valuation service where you are able to submit details of your property including photos and a video if you wish.  You are able to highlight exactly what makes your home unique.  After you have submitted your details, a member of our team will contact you with our valuation.

There will be no hard sell, no pressure to sign up there and then.  We will send you marketing emails, which you can unsubscribe from at any time.

Stay in Control

Once you have an accurate valuation of what your property is worth, you can decide when and if you sell.  You won’t have us chasing you weekly, asking if you are ready to go onto the market yet.  If you want to get us out for a face to face valuation at a later date, you can.  However, this is not essential.  We are so confident in our virtual valuation that we can, if you wish, put your home up for sale without setting foot inside it.

If you would like to see for yourself how our virtual valuation works and give it a try, click on our virtual valuation tool