Real Estate

To avoid paying excessive fees, you need to find the right agents

First, ask yourself how much work you are willing to do at home before it goes in the shop windows.

Why should you choose Petty Residential

Members of the RICS we are among Lancashire’s longest-running and reliable independent estate agents in Burnley, Barrowford, Nelson, Colne and Barnoldswick. Petty Real is there to assist you through the entire process. We specialise in the burnley estate agents residential and commercial property sales and lettings, along with having our own in-house Legal, Financial and Home Improvements advisors.

In the hope of increasing your profits, you might consider investing thousands to extend the home or giving the front rooms a fresh coat of paint to enhance first impressions.

There are no right or wrong answers. However, it is helpful to find out what buyers value when searching for a home.

Traditional or online estate agent?

Are you looking for the guaranteed lower fees of an online agent, or the added assistance of a high-street agent?

There is no one right answer. It all depends on the individual.

Online estate agents can save you money if you are confident in managing the entire sales process and if you know how to quickly sell houses in your local area.

However, if you feel less confident or the local housing market is weak, an expert agent could help you get more serious buyers to your door.

The right price

Are you ready to hire an agent? They’ll no doubt give you an estimate of the value of your home in cold, hard pounds or pence.

However, their estimates may be too optimistic to secure your business. It’s worth doing some research on your own.

Both Rightmove and Zoopla offer online valuations for free.

You should also keep track of recent sales in your area.

If you are able to find a buyer quickly, then you can skip to the next section, which will discuss what to do if your selling is difficult.

What to do if your house isn’t on the market?

Your home should be attracting serious offers if it hasn’t attracted any offers.

It is possible to make it difficult for a property to be sold. These include things such as setting the wrong price, which we discussed above, or having solar panels installed.

These are the most common reasons for a lack of sleep. Here’s what you can do about them.

If none of these ring a bell it may not be the right property. Instead, it might be time for you to get rid of your estate agent.

Selling can be expensive

Congratulations on finding a buyer to buy your home!

You should always read all terms and conditions of any mortgage that you may have if you are looking to purchase a new property.

First, check with your lender to see if they allow mortgage porting. This is essentially moving your existing mortgage debt onto your new property.

Depending on your circumstances and the stage of your current deal you are at, you may be subject to thousands of pounds in Early Repayment Fees if your actions aren’t taken.

What should you declare when selling

You might find it tempting to not disclose certain information. This could put off buyers.

You might be in a long-running dispute with your neighbour or cracks are appearing faster than you can fill them.

Whatever the issue may be, you might wonder how much you should tell a buyer to get the best price.

Truthfulness is the best policy when selling your home. Otherwise, you risk being sued.