5 smart ways to save money when selling your home

5 smart ways to save money when 
selling your house

A house is expensive!




Undoubtedly a house is one of the most valuable asset most people have in their life, for the majority of people selling it will cost thousand and sometimes even millions. By using the 5 money saving tips below you’ll be able to save tons of money while doing the transaction.



Do your Research 

So shop around and don’t forget to haggle and pay one off against the other. You should aim for 1% commission, also push then to limit the tie-in period to no more than 6 weeks, this gives them enough time to sell the house, but if they can’t You can move to another agent without going “multi-agent” which will increase the fee to about 3%+, a big no-no! Ensure you get a fair valuation, never tell an estate agent what other agencies have valued your house at. They will use this to manipulate its offer, often resulting in wide distortions.  



Get Recommendations

It is false economy to go for the cheapest solicitors, so get recommendations from all the estate agents you speak to and remember to ask for the name of specific people, rather than just the legal firms. Give them a call and ask what their charges are, also note whether they are they friendly, helpful, and most important efficient? Fees are negotiable so haggle! Play off each one against the other to get you the best service at the best price.





Selling your house privately




One in twenty vendors is now taking the DIY route which could save you thousands. That is a massive money saving tip, but there are a couple of downsides, basically “time and effort”. You could consider newspaper advertising, flyers and signs. Newspapers usually charge per line or per word so try to keep your advert as brief as possible without making it uninteresting. The simplest way would sell your house yourself is to use one of the many online house selling service.




Sell when the market is high or demand is strong




Obviously it is best to sell your house when the market is strong and demand is high, so keep an eye on the local property market. Generally, the market tends to be stronger in early and late summer than the rest of the year, so aim to sell your house then. Also avoid completing with your neighbors so if there are already a few “For Sale” signs on your street, it might be better to wait a bit.





Make it neat !


Research has shown that a poor presented house can take longer to sell and may reduce the price by thousands.
So get your paint brushes out, give your home a lick of paint and finish all of those DIY jobs which are outstanding. Also talk to the estate agent about adding value to your property it may be worth spending a bit of cash to make some more. However, be careful not to over spend, you might not get your money back, so talk all planned improvements through with you.

Property Investment Convention



The Property Investment Convention aims to provide the latest property investment strategies and give investors a realistic picture of the current property market. It is organized by Wealth Mastery Academy, a company committed to providing solid financial education and wealth creation strategies to the masses.