Property Sale

Tips To Sell Your Property Faster

More often than not, house sellers would prefer to sell their home quickly. With an abundance of Agents to choose from it can pretty overwhelming to pick one to choose to handle the sale of your property. Here we are going to list some of the services you should check for when browsing agents or tips you should simply do yourself if you are selling privately. Here is what you should do to sell your property faster.

Photos & Lighting

Real Estate Photographer

This may seem obvious & more frequently we see sellers hiring professional photographers which is great! We live in a digital age where your house will be listed on a property portal or agent website in-between hundreds or thousands of other homes for sale, and your home will be judged by its first appearance which will often be the online photographs.

A few things you should keep in mind for selling your home fast is that people prefer photos of large & well lit spaces. If browse your agents website & find many photos are dark & don’t show off the larger areas then hiring a photographer can make your house stand out against the bleak row of houses listed alongside your property.

 

Neutralise

Neutral Property Colours

It may be hard to believe, but not everyone has the same taste as you, many people like to make a property their own & this can be hard to imagine for potential buyers if you leave clutter everywhere, have bold colours & “unique” furniture. The best approach is to place your more personal belonging into a storage unit or if that’s not an option place them out of direct view, stored away in the garage for example.

Neutral pastel colours, whites or creams on the walls will help make the property inoffensive in the eyes of potential buyers, making it easier to sell your property.

Be Prepared

Property Contract

Just like you want to sell your property fast, once a buyer has deiced that your property is the one want, they will want to buy it as soon as possible. Have all your documents & paperwork ready, have your home inspections & valuations done ahead of time, this may seem obvious & frequently it is a requirement to have all your papers in order by your agent before listing it but this should not be overlooked, you would be surprised how frequently a deal can break through because a piece of paper that was not prepared ahead of time.

 

Pricing To Sell Your Property

Property Pricing

Some buyers have very specific requirements for their new properties, for your property to even be considered to make it into the final “pool” of choices for buyers the price must not exceed their budget by too much. Your pricing should be realistic, unfortunately for many the 2008 crash left many with a property value far lower than their purchase price but don’t give up hope, in 2018 in the Spanish Property Prices have been rising & many British buyers have not been turned away by Brexit.

Finally, you should finish with giving your property the TLC it needs, get all the inexpensive repairs done, replace the dud bulbs, paint over the furniture marks, clean the windows, do the gardening & make sure the pool still receives regular maintenance. Every small nitpick a potential buyer encounters might just be the last straw to turn them away from your property & they may not even realise it! Although they won’t realise it right away, more often than not the buyer will think back to the perfect property, with large open spaces, good lighting & ready to move into oppose to the property with a chip in the tiles with the needs the walls painting.

 

We understand that it’s a very broad scope to try and cover each unique property, seller & buyer and that there are always exceptions to every situation, however following these basic but frequently overlooked tips will increase your odds and making a sale.

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Spain Monopoly

Property Price Forecast 2018

2017 was a very healthy year for property prices in Spain with an estimated growth of 6.9% over the year according to Anticipate. The property price forecast for 2018 shows a very similar trend, with estimates of around 6% growth leaving it slightly behind 2017 but still a healthy growth in price and a great opportunity for buyers to get capital gains on the properties they purchase at the start of 2018. These property price forecasts are set to hold an upward trend provided there is no dramatic economical impact from the current Catalonia situation.

Catalonia Votes

Independence For Catalonia

Catalonia has been the topic on many people’s minds and some have even begun comparing it to Brexit, although on a much smaller scale. For those unaware, Catalonia (notably Barcelona) have been fighting for independence, and the referendum dictated that approximately 90% of the Catalonians want independence. Why does this matter? Because Catalonia is a large source for all Spain’s wealth and many are uncertain of the economical impact this will have. However, with the Madrid Government having taken over and replacing the Catalonians, we will have to wait and see if there will be any action taken or if the vote becomes dismissed. Government officials have spoken out about not wanting to negotiate with Catalonia if they decided to pursue the independence, many of them are angry with the decisions taken by the Catalonian government. The bank Caixa has decided to remove its headquarters from Catalonia until it is made clear on what is destined for Catalonia.

Overall Property Price Forecast

Now that you’re up to speed on the situation in Catalonia, we’d like to add that not even the government is certain on whether to grant Catalonia its independence, and if it did occur, nobody is certain what exact effect it will have on the property market apart from that some of the most expensive properties in Spain can be bought here and that some major property companies in the Catalonia area have seen their shares drop by over 5% each. Despite all of the political drama it has had no effect so far on the rest of Spain’s property prices or its forecast. We end this article by presenting you with some forecasts by Mark Stucklin from Spanish Property Insight. Stucklin tells us that the companies forecast is 85% higher in 2018 than it was in 2013 but it is still 42% lower than it’s peak in 2006 where more than 900,000 Spanish properties were sold. Keeping this in mind, the property prices currently seem to be at a good price with much potential to rise over the coming years.