When you decide to place your home for sell on the property market, you know you’ll want to price it fairly. The key to a fair asking price is a home valuation. But did you know that having an inaccurate valuation can actually be detrimental to selling your home? Here are three reasons why you should always be looking for an accurate valuation before selling.
1. Accurately Valuated Homes Sell Quicker
A recent article published in the home sell publication Property Wire suggests that nearly 70 per cent of all completed home sales in the UK had an accurate home valuation. In the first six months of 2018 alone, most properties that sold at the accurate valuation price were off the market in 49 days or less. An accurate valuation also made a significant difference in the amount of time it took to sell a home. The article reports:
- A house with a valuation difference of five per cent or less was sold 69 days after being on the market
- A house with a valuation difference of up to 10 per cent resulted in that property staying on the market for up to 118 days
2. Accurately Valuated Homes Get More Views
Homes that are listed at an accurately valuated price tend to get more views in online listings and during home showings. Modern UK home buyers have plenty of resources available to research an area’s average home sale price. If your home is listed at a fair and accurate market value, buyers are more likely to show interest in purchasing your home.
3. Accurately Valuated Homes Mean More Money For You
When selling your home, you’re undoubtedly looking to make the most quid for your property. Homes that are accurately valuated have been shown to receive significantly more on the asking price than those that are not priced accurately. Having an accurately valuated home can ultimately mean getting what you’ve asked for.
Accurate home valuations are an essential tool for selling your property quickly. If you are looking to sell property online, the estate agents at Doorsteps can guide you through the process. We offer a free online valuation tool and face-to-face valuations at no additional charge. To learn more, check out our website.