3 Ways To Make The Property Market Work For You In 2012

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It looks like 2012 may be another tough year for you if you’re looking to sell your home.  However, it’s not all doom and gloom and there are plenty of ways you can make the property market work for you – even in a difficult economy.

Keep reading for our three top tips for 2012.

Improve your home sensibly

Improving your home can help you to add value when you come to sell.  But, it’s important not to overdo improvements by building huge extensions or spending too much on fixtures and fittings.

David Dalby of the Royal Institute of Chartered Surveyors (RICS) says: “If you're looking to extend, make sure the eventual size of the property is in proportion to the size of the plot. Bigger is not always better.

“With loft extensions or basement conversions, try to keep the style in sympathy with the rest of the property.'”

Be honest with potential buyers

As the number of house sales is likely to remain low in 2012, it’s important that you are upfront and honest with buyers.  This is particularly true if you’re marketing your home yourself through a dedicated website.

Nick Marr, director of Little House Company, says: “If you don’t respond promptly to prospective buyers they are likely to assume that you have something to hide.  Always be honest with your buyers – even if it is something you think they may not want to hear.”

Consider all offers

If you’re looking at buying a property, the chances are that you might put in a low offer in an attempt to begin the negotiation process.  If this is the case, bear in mind that your buyer might do exactly the same to you.

Peter Everett, regional director at Hamptons International says: “It's time to get real.  Be realistic and do your research to understand the right price levels.”

 

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