One of the most difficult things in times of fast market changes (ie house price decreases) is how to decide what to offer our property for. Price too high and you won’t get any interest. Too low and you could be giving money away. So how do you decide?
Two experts have ideas for how.
Martin Dell from Kyero.com provides this methodology, which looks sound for working out how much to buy a house for. Well you can use that same logic for selling your house. Take a look at his article ”
What Will You Pay for a Spanish Property in 2010?
Then there’s Nick Snelling, author of
How to Sell Your Spanish Property in a Crisis says: “Certainly, facing reality is a problem for many sellers in a downward market. All too often sellers over-value their properties and are then slow to reduce the price. Lethally, if you do this, you will find that you are always behind events leading you to keep adjusting your price too late for your property ever to be an attractive purchase.”
He offers 64 Golden Rules in his book to help you sell your property for what it’s worth and quickly!
Related posts:
- The Spanish Property Crisis – Pricing Your Property For Sale – Part 1 Placing your property for sale at the right price is...
- The Spanish Property Crash – 10 Tips To Help Sell Your Spanish Property In A Crisis – Tip 4 4. Control the price at all times. In Spain, it...
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Something I have noticed with many sellers in the Huelva area is that are completely ignoring the currency exchange rate differences between when they bought and today.
They are still pricing their house based on what they bought it for, how much extra they want to earn, and how much they think they can get away with – in euros.
However, today, whatever they get in euros is worth far more in pounds than when they bought it. This means the actually have the luxury of reducing the selling price if they plan to convert the money to pounds.
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We have a large detached house to sel in El Raso, Guardamar and we are renting another property on a rent to buy basis. We have taken the house out of the agents hands at present because if we sell we would get no interest on the money, so a two year rental plan is good. The house costs more than we plan to sell, we have spent a lot on the extras but we will price it at a reasonable deal for a good buyer or investor. possibly two or three couples may want to buy for a holiday home so they can all stay together.
Any other hints help anyone can give me I would appreciate
Recent Articles
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Review of Sell Your Spanish Property
There’s a great review of How To Sell Your Spanish Property in a Crisis on one of my favourite sites, Justin from Eye On Spain. He makes a great point, he says: “Whatever the reason for you wanting to sell your property in Spain, you really couldn’t have picked a worse time to do so, [...]
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The Spanish Property Crash – 10 Tips To Help Sell Your Spanish Property In A Crisis – Tip 10
10. Remember ‘buyers are liars’.
Rarely will you, or even your Spanish estate agents, be told the truth by buyers – whether it is about their personal circumstances, their true likes and dislikes, their real budget or their actual readiness to buy. So, do not take seriously what buyers say when they are looking at [...] -
The Spanish Property Crash – 10 Tips To Help Sell Your Spanish Property In A Crisis – Tip 9
9. Be relaxed and confident when a buyer comes to see your property. Do not over-sell your Spanish property to a potential buyer.
Normally, buyers have made up their minds, one way or another, within the first five minutes of seeing a property in Spain – and neither an estate agent nor yourself will be [...] -
The Spanish Property Crash – 10 Tips To Help Sell Your Spanish Property In A Crisis – tIP 8
8. Never lose an opportunity to show your Spanish property to a potential buyer.
Sometimes, estate agents have little time to give advance warning of a viewing appointment. This can be extremely inconvenient – but always accommodate a viewing, even if your property is not in ‘tip top’ order or you are about to eat [...] -
The Spanish Property Crash – 10 Tips To Help Sell Your Spanish Property In A Crisis – Tip 7
7. Be prepared to pay a high commission. In the current Spanish property crash, with Spanish property prices falling, many sellers understandably try to negotiate down the commission of Spanish estate agents. This is a mistake.
If you are desperate to sell, offer your Spanish estate agents a higher commission than is standard to ensure [...]
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