Prisiad Sydyn Am Ddim
Ydych chi am werthu neu osod eich eiddo? Cymerwch y cam cyntaf a darganfyddwch beth yw gwerth eich eiddo gyda phrisiad rhad ac am ddim heb rwymedigaeth.
If you’re looking to move house in North Wales, you might be wondering if the time is right. As a leading estate agent in Llangefni, Bangor, Caergybi, Gwynedd and Anglesey we’re asked a lot of questions about this. People wonder if houses are selling in Wales right now and, more to the point if they are selling fast.
It’s true that higher interest rates have put a squeeze on mortgages, meaning that buying a home is less affordable for some purchasers, reducing demand and house prices.
However, buyers are still out there, and if you need to move for more space, a job or a school, there is no reason why you shouldn’t achieve a sale.
The key to making a quick sale for the optimum price is presenting your home in the best way while getting the right advice from your estate agent team and being organised at every stage. To help you, we go through the sales process with tips for each step.
Start getting your home ready to sell as soon as possible. Be thorough and ruthless – you need to depersonalise the space so people can see themselves living there. The better your home looks, the more likely you are to get a quick sale:
You need to know the likely selling price so you can work out how much you can afford if you are stepping up to a new home:
Decide how you are going to sell your home – this will depend on your priorities – i.e. achieving the highest price vs securing a quick sale:
Every home on the market needs an energy performance certificate (EPC) to show its energy efficiency on a scale of A to G (with A being the most efficient). You don’t need a new one if your home has been sold within the past 10 years. However, if you’ve added energy efficient improvements, such as double glazing or insulation, it might be worth repeating the inspection to demonstrate your home’s credentials.
When your home is ready, it’s time to choose your estate agent. Don’t necessarily go for the highest valuation or cheapest fees. Instead, look at their track record of selling in the area.
Think carefully about pricing in the current market. Over-pricing your home could mean it lingers on the books for too long – get advice from your agent.
Check that your home’s marketing materials do it justice, with great photos and blurb that picks out all the key benefits, such as good schools and transport.
Get your viewings right – you only have one chance, so make sure the home is pristine. If your agent is conducting viewings, respond quickly with answers to any queries.
Conveyancing is the legal work associated with buying and selling. You will need to factor in conveyancing fees. Look for recommendations, good reviews and someone you can work with – don’t just go for the cheapest.
When the offers come in, think about your priorities. Not all offers are the same, and a cash buyer in a strong position to move has more going for them than someone tied up in a long property sale.
Your solicitor will agree on a date to exchange contracts with your buyer’s team. On the exchange date, your buyer will pay the deposit on the home, and the sale becomes legally binding for you both.
The completion date is usually around two to four weeks after the exchange. It’s the day when ownership of the property changes from seller to buyer, so you need to be ready to hand over the keys and move out. If you’re part of a chain, all transactions will conclude at that time. Congratulations, your sale is complete!
If you are considering selling your property in North Wales, we can help. Our experienced team have helped many people move, some in complex situations. Almost half of our business comes from recommendations, demonstrating people trust us with their property. Get in touch today.
Ydych chi am werthu neu osod eich eiddo? Cymerwch y cam cyntaf a darganfyddwch beth yw gwerth eich eiddo gyda phrisiad rhad ac am ddim heb rwymedigaeth.
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