Looking to up-size?
If you have decided to sell and are now searching for a larger home, in this blog we run you through the different scenarios you may find yourself in
If you are looking for looking to upsize, you may find yourself in a situation where you are not only buying but having to juggle selling, most likely, your largest asset, your home. Our aim here is to walk you through the various positions you may find yourself in and how you manage them to make the move as stress-free as possible. The two things to consider are: how much time can your agent give you and do I sell or buy first?!
Do I sell first or find a home first?
This is a huge question and a massive dilemma for a lot of home movers. So do you sell first or find first, it feels like a catch-22 but what we recommend is to find a buyer first. Here are the reasons why: Firstly, once you receive an offer you know where you stand financially, so you know what you can afford, you may get more than expected for your home, so you could offer that little bit more to secure or there are occasions where you may achieve lower than your expectation and you can then adjust what you are looking for before wasting your time or losing that dream property you have falling in love with. Secondly, it puts you in a much better position when viewing and making offers. Be aware, that some agents may not even let you look at a house if you are not under offer. Your offer position changes drastically when you have secured a buyer yourself, it could put you ahead of the competition or just get you back in contention. From a money side of things, we have also found that you end up offering more than you would like to secure your dream home and you end up rushing to sell your house. 10k either way could pay your stamp duty!
Time available from your agent
When setting up Mortlock & Joyce, we wanted to learn from all the mistakes we feel we've made in the past and try to offer a unique experience. So aside from premium marketing and working with a self-employed business owner, we limit the number of clients we work with. This means when working with us, you can expect continuity throughout the process - no call centres or liaising with various team members (some often new to the role) to find out what is happening with your property. With this type of model, our clients receive a lot more, (yup! you've got it) time, than your average estate agent is going to offer. Not only does that help us provide a better moving experience and ultimately, higher prices for their homes, but we can also assist with advice on how best to approach an estate agent or how you offer on that dream property you have viewed.
If you would like to find out more on how we can give you the time of day, get in touch on the link below.
