So, you want to sell your property.
The whole process can be frustrating, confusing, and worrying and there are a lot of important considerations to make: how to sell your property, how much to sell it for, when to sell it, and so on.
However, there is one major mistake that many sellers make, and usually don’t even realise they’re making it. This can be referred to as the kiss of death, and it is usually disastrous (hence the name). However, there are ways to avoid this and to sell your property quickly, efficiently and with no issues.
To find out more about what the ultimate kiss of death is when selling your property, and how to make sure you never have to experience it, keep reading through this guide. We’ll give you all the information you need to make sure you sell your property safely and for a great price.
What is the ultimate kiss of death when selling your property?
There are a couple of errors that sellers make when trying to sell their property, but this one is by far the worst, which is why it is referred to as the kiss of death.
To put it simply, the ultimate kiss of death is leaving your property on the market for far too long. The longer a property is on the market for, the less likely it is to sell. This is because we are hardwired as humans to follow trends.
If you’re looking for a new home, and see one which has been vacant and waiting to sell for months, you’re going to wonder why no one has snapped it up before this. Potential buyers will be put off and worry that there is something wrong with the property, whether this be its location, its interior, or something else.
Some sellers simply do not know how to combat this problem and will go crazy with the frustration of not knowing why their property just won’t sell!
How to avoid the real estate kiss of death
The main way that you can avoid the kiss of death is to make sure that your property sells relatively quickly, otherwise you run the risk of it looking undesirable and never selling.
This may seem obvious, but is not always straightforward to do. Read on to see a list of the best tips and tricks out there to make sure that your property sells at a fast rate, and for an excellent price.
How to sell your property quickly
Make sure your property is up to scratch
No one wants to buy a property that doesn’t look the part, or that is full of problems that will be costly to fix. To make sure none of your properties on the market fall prey to this issue, make sure they are being regularly inspected and managed.
A great and easy way to do this is through a site like Property Inspect, where you can keep up to date on the status of your property. Applications like these speed up the managing of properties and means that you don’t have to waste time on administrative duties, which can really slow down the selling process.
Price it right and negotiate
Of course, there is no base rate when it comes to selling a property. But a common mistake many sellers make is to price their property too high, which will instantly put off prospective buyers.
It is better to price on the lower side in order to get people interested, and then sell the property to the highest bidder. The more people interested, the more desirable the property becomes, meaning that people will pay more in order to secure it.
Try not to become too fixated on a certain price, either. If you have a really keen buyer who can’t quite meet the price, then there is no harm in negotiating a little, as this will benefit you financially in the long run.
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