In the year 2013, I found myself in a peculiar situation. The economic downturn in the UK had taken hold, and like many, I was trapped in the struggle of selling my house. Gone were the days before 2005, when properties would fly off the market within three months. Those times seemed a distant memory as I saw houses, regardless of their allure or location, languishing on the market for over half a year before finding a buyer.
The burden of this delay was heavy. As a homeowner yearning for a swift sale, the reality was daunting. For six long months, I grappled with mortgage payments, household bills, and the accompanying strain of countless viewings and disappointments.
However, I wasn’t willing to give up. I decided to take proactive steps to expedite the sale of my property. Here are some strategies I employed which you might find useful too.
1. Consider modernising and minimalising your home
I reassessed the aesthetics of my house. My penchant for vibrant neon and assorted soft toys had to be put aside. I decided to redecorate my home in neutral tones, choosing the ever-reliable Magnolia. This allowed potential buyers to envision the space with their own belongings. I also made sure to declutter, giving the home a more roomy and inviting appearance.
2. Keep your pets and kids out of sight during viewings
I wanted to create a calm and peaceful atmosphere during viewings. To achieve this, I ensured that my children and pets were not present. This gave potential buyers the tranquillity needed to visualize their life within these walls, free from distractions.
3. Advertise on property forums & social networking sites to investors
I decided to cast my net wider. I took to property forums and social networking sites, targeting investors always on the lookout for local property deals. I included a link to my property and proposed an enticing discount for a speedy sale. It was a gamble, but it paid off as I managed to connect with several interested investors.
4. Selling to a fast house sale company on the internet
Lastly, I explored the option of quick house sale companies on the internet. These companies offer prompt cash in return for a swift sale of your home. The downside, of course, was that I had to accept a significant discount on the property value, sometimes as much as 50-85%. But the quick sale was a relief, leaving me with a piece of advice – always do your research before committing.
Navigating through the rough waters of a recession and selling a house is challenging, but not impossible. With patience, perseverance, and the right strategy, you too can find your way.
