2010 - To Sell or Not To Sell

With all the recent activities in finance world. What will 2010 bring to your intended house sale?

The first piece of advice is caution, there are conflicting views that house prices will go up next year or go down next year. The main factor that is currently having an adverse effect on the property price index is the amount of houses that are for sale. This is simple supply and demand, less supply or more more demand means prices rise.

This is currently the case as there are less houses on the market, which in turn is pushing up the prices of the houses that are up for sale. So you may be thinking then why dont you sell your house now. Well you could do that and if you wish to take the punt then you could advertise your property at no cost on BuzzProperties.co.uk and see how you go.

However my advice is this rather than risk adding to the innaccurate market prices and in turn potentially lowering house prices, wait off selling your house until later in the year. Ideally after the end of the financial year, normally around mid April. This way you will not only get a better price for your property but you will also get a realistic one, and wont run the risk of being back in the same boat a year down the track due to inflated property prices.

So in short wait until April at the earliest to sell your house if you want to maximise your property return in both the long and the short term.

Housing Recovery - Dont jump the gun

You may have heard in the papers and news that there is a bit of a housing recovery going on. The average house price has risen steadily over the last few months, and there is even talk of the economy coming out of recession.

This might should like great news if you are selling your house, but its not. As the house prices rise above current levels, agencies are too putting up their fees. Where a few months ago there were lots of 1% deals around there is a steady increase back to the average of around 4%.

So what can you do?

The best way to avoid paying high agency fees is to simply wait, as the rise in the average house price will steady back, and with Christmas on the doorstep the market will level and it will not be until at least the middle of next year, (2010) that the true average house price will be seen. So by waitng to sell your house for at least 8 months you will be able to clawback any losses and also negotiate a better agency rate without being taken to the cleaners.

It is like the old saying, 'patience is a virtue' and in the case of the housing market its true. Just hold fast and you will be better off in the longer term.

Let someone else do all the work

When it comes to selling your house it can all too quickly become one of the most stessful times in your life. So why not let someone else do all the work? This may sound too good to be true, but it isn't. As this is where Buzz Properties can help. We can do everything for you to get your house on the market, everything from taking the interior and exterior pictures, writing up the description to advising on the value of your house. Then once all this is done we can then show your house to thousands of people everyday.

Once your house is up for sales, its then up to you to simply answer any questions buyers have, show them your house and finally agree on the price. After all no estate agent in the world can show your home off as much as you can. So the best person to sell your house to potential buyers is you.

The best thing about al this is that it is competely free, to take advantage of this great idea just visit the BuzzProperties.co.uk website and complete the form. We will then be in touch to arrange for the photos to be taken and the description to be written.

Property Price Increase - Be Realistic

No doubt you have seen on the news recently that there has been a slight rise in the average house price over the last couple of months.

When you are selling your house you need to think about the sale in a realistic manner, think of the house as a place to live and not as a cash cow, an easy way to make money. Ask yourself just how much you have spent on the house in real money terms and how much sweat equity you have put in and use these to come up with the right price.

Try not to use estate agents that promise your a higher price, as the longer your house is on the market the more your are losing.

So in short think of the bigger picture when selling your house, such as how long are you willing to live where you live? have you really spent as much as you think? Just remember the simple rule your home is your castle not your bank.