How stressed are you about selling your home in Melbourne? Are you worried it will be on the market for months, preventing you from starting a new chapter of your life in a new home or city? Don’t worry! We have helpful tips from experts, covering everything from pest control Melbourne estate agents may advise you to use, to how a coat of paint can make or break a deal.
Research the Market and Pick the Season
A little research will serve you well, so you can manage your expectations and advertise your property at a price that’s relevant to the market. Firstly, the season matters! For example:
- Many Australians are more focused on buying homes during spring and autumn, making it good seasons to list your house.
- During summer, people are more laid back with their minds on the fun of holidays. It may take longer to sell at this time of year.
- The colder weather keeps people inside, so there will be fewer buyers looking at homes, reducing the chance of you getting an offer.
Drop Your Price
If you have listed your home and it’s simply not selling, you may have to think about dropping the price. This is a quick solution to your problem, but keep it as a last resort, because the following tips can still get you some enthusiastic buyers.
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Upgrade and Renovate—But Not Too Much
Many experts agree that some improvements can make a property seem more impressive. For example, upgrading rooms like kitchens and bathrooms—the spaces that most buyers prioritise—can make your home seem more modern and turn it into a good buy.
However, don’t make many changes or plan elaborate renovations. The work could end up taking longer than you think, resulting in a much longer timeline before you can finally showcase it to buyers.
The goal is to make it more presentable, such as fixing a peeling wall or adding modern light fittings. Also, you must learn how to get rid of mice if you know there’s a rodent problem, because you don’t want your property to be labelled as pest-friendly.
But, don’t feel you need to install all the latest smart home features or create an open-plan layout just to impress buyers. You may not get a return on the money you spend, especially if you’re looking for a quick sell, as there’s the possibility of having to drop your price eventually.
Sell to Developers
If you know your property requires a lot of work and it won’t easily impress a regular buyer, why not talk to developers in the area. This is especially viable if there are developments in your neighbourhood. A developer may appreciate another property to improve and sell.
For a developer, the most important feature is whether it’s a piece of property they can utilise. They won’t care about layouts or styling because they’ll do renovations to suit their client base.
Declutter and Clean Everything Thoroughly
If you do sell to general buyers, your home needs a deep clean. Buyers look into cupboards and under furniture for signs of disrepair, so all rooms must be spotless.
Also, declutter and throw out items you don’t really need. By clearing out odd items from rooms you’re giving a visitor a better idea of what the room has to offer them.
Stage Your Home
Not sure about your own skills at making a house look inviting? Then hire a professional to style your home. By bringing in furniture and décor they help showcase the best features of your house, so visitors would be amazed when they enter.
Yes, this requires some capital investment, but usually home staging means you can sell fast AND add a little to the price.
Get Good Pics
While it’s staged, get professional pictures taken to use for marketing. These days people go online to browse before visiting them in person. Therefore, you have to impress in the digital world before someone will come through your door.
Always Manage Curb Appeal
You’ll always find this tip with any piece of advice on selling property because first impressions DO matter.
What a potential buyer sees when they first arrive at your home will set the mood for their entire visit. If the garden, gate or front door has them doubting the cleanliness of the building or how well the property was looked after, they’ll have that nagging thought at the back of their minds while they look at every room and cupboard. This little bit of doubt can prevent them from making an offer that day.
There are easy ways to avoid this and ensure they don’t want to miss out on your wonderful property:
- Improve the garden with some weeding and grass cutting.
- Give the front door and porch a good wash to remove grime.
- Fix anything that’s broken or not working properly, such as your electric gate or a post box that got damaged by the neighbour’s kids.
- Consider how you can improve the look with minor upgrades that don’t cost a lot, such as painting the front door.
With Melbourne being a great city to live in, many people are looking for houses on a daily basis. You simply need to show them yours is THE house on the block to move into.