A Guide to Selling a Property in Tenerife
Selling a property in Tenerife will depend on what you
want to sell, where it is and how much you want for your
property. There are many estate
agents in Tenerife that will gladly add your property
to their portfolio and we have a list of them on our site
for your convenience.
However, there is now also an alternative way to sell your
property in Tenerife! Auction it! Tenerife Property Auctions
Sl was set up in July to cater to the demand of the seller
in an otherwise buyers market. People have been buying property
at auction in the UK for years now and everyone loves a
bargain - its human nature. So if you are considering selling
your property in Tenerife then you must also consider the
auction option - visit our page on auctions for more
details.
Selling your property in Tenerife
So now you have decided that you want to sell, invite a
number of local estate agents around as well as perhaps
Tenerife Property Auctions and ask them to value your property
in todays market. Don´t fall for the normal questions
like "well how much do you want for it"
or "what do you value it at" as that won´t
sell your property. What you want to know is what is the
value of the property in todays current market - we all
want as much as we can get but its only the realistically
priced properties that sell in todays property market in
Tenerife.
Having valued your property using various
agents you should now have an idea of what the true value
of your property is. The next thing to consider is how quickly
you want to sell it and this will depend on your own personal
circumstances, do you need to sell, do you need to return
to your home country, are you desperate? All questions that
you need to ask yourself before deciding on the right prlce
that you should ask for your property.
Instructing the agents - you now know how much you
want and how soon you want to sell. I would suggest writing
your own property description and asking the agents to use
it afterall who else knows more about your property? Give
them all the details you can about the property and ensure
that the pictures they take of your property are suitably
presented both in the shop and on the internet. Its a fact
that over 85% of people looking to buy a property abroad
now use the internet as their primary source of investigation
- so make sure when they see your property its presented
correctly. Tenerife´s estate agents will allow you
to instruct more than one agent so don´t sign an exclusivity
form unless you only want to use one agent - then be sure
to pick the right one.
Viewings - property viewings can be a pain in the
neck sometimes but a necessary evil if you want to sell
your house. Make sure the agent has done their job by ensuring
the client is aware of the fact that your property is perhaps
on the top floor and there is no lift or its above a bar
- so it wouldn´t appeal to older or disabled clients.
We have listed some of the well known facts about property
presentation when trying to sell your house below so remember
them when the time comes.
-
Tidy Up - clean the house, wash
the windows, wash up, move laundry, present your house
like a show home.
-
Pets - we all love our pets but
we shouldn´t expect others to so move them to the
outside when taking viewings or better still ask someone
to take them for an hour or so. Move their things and
make sure the property doesn´t smell of pets.
-
Kids - we all love our kids, but
if you have unruly children then again ask someone to
take them for an hour or so so they don´t interrupt
you while you are talking to potential buyers.
-
Aroma - Make sure your house smells
right, before the viewers arrive open all your windows
and let the fresh air meander through your house. If necessary
place some fragrant air fresheners around the property.
Freshly baked cakes and bread and the smell of coffee
are proven relaxants and give the property a homely smell.
-
Doors - Keep all doors closed during
the inspection and allow the viewer to open the door and
enter the room before you so they see the whole room at
first glance without you blocking the entrance or the
initial view.
-
Bathrooms & Kitchens - women
are in charge of these areas traditionally and these two
rooms alone can sell a house. Ensure that your kitchen
and bathroom are clean and tidy and very well presented
if you want to appeal to the lady viewer.
-
Garagae - if you have one try to
show the fact that you can actually get a car in it. Don´t
let viewers see your garage full of clutter.
-
Outside/Gardens - if you have gardens
or terraces once again present them nicely, clean away
any unruly weeds and spend a little on touching up some
of the paintwork, present the garden as nicely as possible
avoid clutter in the garden.
I do hope some of the above points don´t offend anyone
but lets face it we all know it makes sense, you´ve
probably felt the same way if you have viewed a property where
the owners haven´t taken time or care over presenting
their house for sale so you will know what we are talking
about.
Selling - excellent, you´ve had a couple of
viewings and perhaps someone has made an offer - great news
- now its down to your agent to make the preparations and
get a deposit. Fingers crossed all will go ahead without any
glitch and you can move on to where you want to.
What if there have been no offers? What if the property
has been on the market for months without even so much as
a driveby? Well if your property hasn´t attracted anyone
to view you may need to review a number of issues including
. 1. Your Price and 2. Your Agent.
Is the price right, is your agent marketing the property
in the right way, are you appealing to young buyers, older
familys, singles? Whats the competition like in your immediate
area? These are all considerations you need to watch on a
weekly basis to keep ahead of what is happening on the property
market in your area and to react to it quickly. A good agent
would keep you abreast on this and other information affecting
the sale of your property and he should also feedback to you
on what clients are saying about your property good or bad.
When all else fails sometimes its better to rethink the whole
process of moving - perhaps it just isn´t the right
time to be selling in your area in which case you would be
better off waiting until the market has turned or alternatively
you could end up selling your property for far less than it
is worth especially in a buyers market.
Whatever you choose in your quest for a sale we wish you
every success and hope that you have enjoyed reading our article
on selling your property.
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