In times like these it can be challenging to sell property. You could say that it’s a buyers market, but that does not mean property won’t sell, or that a fair price cannot be gained. Sales may take a little longer, but we are seeing a lot more activity in the market than even 6 months ago.
Keep these points in mind when thinking about your property, and talk to us for a fair indication of the marketability of your property and how we think the market will respond.
Talk to us about pricing your property. It is important to be realistic, and to determine an appropriate, competitive listing price for your home.
Historical sales information may not be your best guide, and it may be more appropriate to price your property in line with other similar properties in the market. Things have changed, and it is important to realise that.
While the property market has slowed due to the general market conditions, it is important to understand the local trends.
We are very fortunate in the Nelson/Tasman region, we remain a popular and desirable place to live, and this is reflected in the current sales trends for the region. We are experiencing modest appreciations in property prices, at rates that are higher than many other parts of the country.
When a buyer sees your house for the first time, a critical first impression is made. It is in your interest to maximize that first impression.
Simple things like trimming trees and planting flowers help improve the ‘curb appeal’, a fresh exterior coat of paint might also prove valuable. Consider neutral colours for interior walls and carpets. Dark colours on walls, along with unnecessary clutter, will make your rooms look smaller.
What we mean here, is turn up at your property, as if you were looking to buy it! Give your home a good inspection, just like prospective buyers will. If repairs are required, it is a good idea to go ahead and get it done, fix the problems. Potential buyers will cast a critical eye over your property and, in a situation when more houses are available on the market, they may pass on a property which on the surface, needs too much done.
If you list your property with a team like ours, we will work with you to ensure your property is priced well, and will stand out from the competition – and sell! Even in these challenging times.