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Knowing the Buyer

March 8, 2014 by Naomi

Selling your home can be a daunting task, but after thinking about some simple things like what kind of suburb you live in and the type of people that live in it, and researching the market and real estate agents, it can be a lot easier! Here are a few tips on what to consider when selling your home.

Know the suburb you live in. This is a massive advantage when selling. Do your research on the current market in your area, look at similar homes and how much they sold for. This will give you a rough idea of price and how you can also improve the sale of your home. This will also help you understand who would want to buy your home.

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Know the type of people that live in your suburb. Think of the facilities it offers, for example, living in the suburbs with lots of parks, a local shopping centre, schools and day care sounds like a place where young families would want to buy, to be close to shops, recreational facilities and schools. If you live in the middle of the city in an apartment, you can imagine a young couple focused on career living here, or near universities and colleges would be student accommodation, etc.

Finding the right agent can also be super important as well! Do your research and find out about the real estate agents in your are, after all, local real estate agents will know lots about your suburb and what kind of buyers your home will attract!

Filed Under: IIHS Blog Tagged With: knowing the buyer, selling home tips, Selling your home

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