Guild Blog: What is the ‘No Sale, No Fee’ Method for selling your Home?

There are different types of estate agent model out there, but at The Guild, we recommend the ‘no sale, no fee’.

 

This means that you don’t have to pay until your house is sold, so there is no risk of having to pay for no results. The ‘no sale, no fee’ model is used by nearly all ‘traditional’ estate agents, which means your friendly local estate agent who has a shop on the high street. Be sure to look for this when you decide to sell your home. When you choose the ‘no sale, no fee’ option, it means that your estate agent wants to sell your home as much as you do – they won’t get paid if they don’t!

 

What are the differences?

DIY model 

  • Pay a flat fee up-front
  • Payment is due no matter if the agent sells your home or not
  • Usually conducted online

‘No sale, no fee’ model 

  • No commission is taken until the sale goes through
  • Agents are paid on commission, so they want the same as you: to sell the home
  • Usually has a high-street office, giving consumers an in-person point of contact

 

The choice is yours, and you are free to pick the model that best suits your needs. At the Guild, we recommend the ‘no sale, no fee option because agents with a commission-based fee structure aren’t paid until they get results, meaning their priority is the same as the homeowners: to sell the property. 

 

Iain McKenzie, CEO of The Guild, said: “There has been a rise in the number of DIY packages with up-front fees available to consumers, but no-one has truly explained the pros and cons of each service, so we want to educate the public about the different options that are available. At The Guild, we strongly recommend the high-street option of ‘no sale, no fee’ to ensure that the seller gets the best service and best price for their home in the shortest possible time.”

 

The Guild is a network of the best 800 independent estate agents around the country. Find out why you should choose them to sell your home. 

Click here to find your closest Guild Member.

Guild Blog: Which room convinces you to buy?

Which Room Convinces you to Buy your New Home?

When you step into a house there is naturally one room which buyers gravitate towards. The important question is, which room convinces you to buy? If you’re looking to sell your home it is useful to know which room to prioritise for open houses, images of the property or facts about your home.

Read what some of our Guild agents had to say about their experiences of which rooms convinces people to buy.

Simon Davies, Branch Manager of Norman F Brown said: “I believe the kitchen is the heart of a home. The current trend is a space where everyone can be together. Historically this was the sitting room, but recently there is a shift to living kitchens, especially if there is an open-plan design with the sitting room. The best kitchen I have seen interlinks the garden with French Doors or Modern Bi Folds to bring the outside in and make the garden more inclusive.”

Simon Bradbury, Managing Director of Thomas Morris said: “The room which I believe most convinces a buyer to purchase a home is the hallway, although it’s not technically a “room”. Normally, it’s the very first internal part of a property that a buyer will see. Therefore, the hallways establishes the tone for their experience with the rest of the property by setting a positive or negative level of expectancy. The hall should be bright and feel warm (or cool depending on the time of year) and inviting. Clutter should be put away to make the area appear more spacious. Air fresheners, diffusers, scented candles or flowers are simple, but effective methods to enhance a buyer’s first impression of a property.”

Does the Living Room help you to decide whether to purchase a new home?

Simon Miller, Partner of Holroyd Miller said: “Open-plan kitchens create the lifestyle of family and friends coming together in a space that can accommodate eating, drinking and socialising. The kitchen is normally the most expensive and time-consuming room in a home to decorate or renovate. A kitchen already supplied with good quality appliances and high-end worktops are favourable. Buyers are usually looking for minimum effort, focusing on moving in and opening a celebratory chilled bottle of fizz.”

Steve Wayne, Director of Benjamin Stevens Estate Agents said: “The centre of any home is often thought of as the kitchen. Depending on the size of your kitchen, it can often be the social hub of any home. It is where loved ones come together and a space in which you can get creative, both in design and culinary delights. The advantage of an eat-in kitchen allows for communal meals and socialising. Good food and communication makes for a happy household.”

Jenny Owen, Head of Marketing for Sawyer & Co. said: “A room with a view is always a great selling point for buyers. A well-fitted, spacious bathroom is really popular and at the moment.”

Pav Lotay, Account Manager for the Guild of Property Professionals Head office said: “For me, the living room is the most social space in a property and the area which I spend the most time in. This is the room that stands out the most and would convince me to buy. I look for a homely property: a spacious living room where I can see myself having guests to visit and putting up a Christmas tree.”

Are you looking to sell your property? Contact one of our Guild agents today. Find your nearest office here.

WE OFFER RESIDENTIAL BUILDING SURVEYS

Joplings can offer a building survey to suit your needs and budget.

We understand buying a house is an expensive process, however it is important to know you are buying a property without any major problems.

 

We offer three levels of building surveys, the Basic Survey, RICS Homebuyer Report and Full Building Survey.

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Top Tips for Protecting your Home in the Winter

Top Tips for Protecting your Home in Winter

  • Check the roof Have any broken or missing tiles or slates replaced and other damage repaired.  Keeping the rain out is one of the most important things you can do.
  • Clear out the gutters. Clear out leaves, moss and debris from rainwater gutters, downpipes and gullies.  Reset any displaced joints.
  • Check the roof insulation. Birds, squirrels, rats and mice can displace the insulation in the roof, and so can we when rummaging about. Check the insulation and consider increasing it, as this could help keep down your heating bill. It needs to be at least 10-11 inches (270mm) thick of insulation.
  • Boiler Serviced. Have the boiler and heating serviced and check that all thermostats and programmers are working and set at a sensible temperature. And when the house is unoccupied, turn the temperature down. Again this will save on heating bills.
  • Don’t get too cold. If you have a large old brick or stone house with thick walls, don’t let the structure get too cold as it will take a lot of energy to rebuild a comfortable temperature. Doing so may cause condensation on the walls, which sometimes results in mould and spores. These can prove a hazard particularly for those with breathing difficulties and should be avoided.
  • Draught proofing.  As to keeping the heat in your home, ensure outside doors and the windows fit well and consider fitting draught proofing strips where there are gaps between the frames.  Keep doors inside the house closed to reduce heat loss from unnecessary air circulation.
  • Don’t forget the curtains. Draw them after dark and use thicker ones if windows are single-glazed.
  • South facing windows. Keep south-facing curtains open during the day to take advantage of the sunshine, which will help heat the house.
  • Check the woodwork. Check the woodwork on windows and repair now if necessary. Otherwise, there will be a risk of penetrating damp affecting the interior of the house.
  • Check the paintwork. Check the paintwork on the window frames and redecorate before the weather deteriorates.  Thorough preparation of the surfaces and use of good quality paint is key to providing a durable finish.
  • Bleed your radiators. A great way to warm up your home is to bleed your radiators. This releases any trapped air, allowing hot water to fill every part of your radiator and warm your home more efficiently.
  • Find your stopcock. Make sure you know where your water stopcock is located. If you suffer a burst pipe you’ll be happy you found it in advance!
  • Create a power-cut kit. Be prepared for the possible winter power cuts by putting together a power-cut kit i.e. torches / blankets etc.
  • Sweep your chimneys. If your chimneys are in use, make sure that they get swept every year. This will remove the build up of dirt and grime from your chimney walls.
  • Smoke Alarm Check. Make sure your smoke alarms and carbon monoxide alarms are in full working order.
  • Emergency Numbers. Keep a list of useful numbers handy in case of emergency. Include your plumber, gas installer, electrician and doctor

 

AND IF YOU ARE AWAY FROM YOUR HOME….

  • Leave your heating on for at least an hour a day while you are away from home
  • In severe weather, or if severe weather is forecast, you should leave your heating on day and night at your usual temperature setting
  • Check that loft insulation is laid over, and under pipes in the loft
  • Consider asking a friend or relative to visit your home every day while you are away. This will mean that, if you do suffer a burst pipe, it will be detected as soon as possible. Make sure that they know where the stop tap is located.
  • If high winds are forecast, make sure objects such as garden furniture or ladders are fully secured

 

Guild Blog: Buying and Selling Over Christmas

Should I put my home on the market now or wait until after Christmas?

 

Many people think that trying to move house over the festive period is a mistake, but that is no longer the case. People have more free time and motivation to make a change in the New Year, so it can be a great time to buy and sell. Guild agents share their top tips.

 

Make your property visible online 

If you are selling, your home needs to be listed and visible on all the major property portals (like Rightmove) over Christmas. People have more free time and will start to browse properties online over the festive season.

Ailsa Mather from Andrew Coulson says: “We are listing a number of properties now because statistically, property portals show that there is a substantial spike on Boxing Day. We appreciate Christmas is a busy time for families, so we operate a ‘Do Not Disturb’ policy, that is clicking the property on the market just before Christmas but refraining from viewings until after the New Year.”

Simon Miller from Holroyd Miller agrees that sellers need to take advantage of this busy time. “Once Christmas Day is done and Boxing Day leftovers eaten, what do people looking for a New Year move do? Start looking for a new home. Don’t miss the opportunity to sell your house during the holidays; what could be nicer than viewing a very festive home?”

Rightmove say that Boxing Day is their busiest all year, and Steve Thompson from Thomas Morris agrees that it is equally busy in their office.

“Statistics have shown over recent years that the busiest days of the year for internet traffic on property portals are the days immediately following Christmas and Boxing Day. Our own evidence appears to confirm this phenomenon, showing that during the period from Christmas Eve 2016 up to and including New Year’s Day, we received over 130 telephone calls and 170 email leads from property portals. We even received calls and emails on Christmas Day.”

But why is this period so busy? Stuart Mills from Rickman Properties has an idea. “The reason? All those lovely new phones and iPads. It is also one of the few holidays that the family will be all together and most likely at home. This means that any discussions about a move can be had, viewings can be done with all the decision makers present, adults and children, and with a coming New Year, what better than a new home?” he asks.

Winter weather 

Spring is a popular time to buy and sell, but winter has its benefits, too.

“Sometimes stepping into a bright, warm, cosy home on a bitterly cold day or drizzly evening can have just as positive an effect as viewing a property on a warm summer day,” said Ben Whiting from Victorstone.

Abby Wheeler from Keats Estate Agents agrees.

“If you walk into a property in the depths of winter, when the sky is moody and the nights are drawing in at 4pm and you still love it, imagine how much you will love it in the summer? If in winter you can see yourself living there, it’s a keeper.”

She has some tips for winter viewings, too. “Always arrange viewings in the daylight. If you arrange a viewing after work at 6pm, you won’t get the true experience of the property, especially if there are grounds to explore. It is important to view them before the night draws in.”

 

Motivated to move 

Those people who are looking to move in December and January are committed to moving quickly. It’s a great idea to make the most of this.

Richard Stovold from Seymours said: “Although there are downsides to house hunting over the festive season, the benefits can outweigh the drawbacks. Houses that are available for sale over the Christmas period have often either been on the market for a while or are very new to the market. This means that sellers are likely to be eager to secure a sale, giving buyers greater control as they find themselves in a much better bargaining position.”

Simon Davies from Norman F Brown completely agrees.

“The December and the Christmas period is a great time to try to sell your property as the quality of the buyer is higher than at any other time of the year,” he said. “If someone is out house hunting around Christmastime, it generally means they are motivated to buy quickly. The speculative, non-motivated viewings decrease as people are busy preparing for Santa and won’t go out to view unless they must. There also tends to be less properties for sale around this time of year and therefore less competition to compete against for a buyer’s attention.”

Justin Flanagan from Charles Eden agrees that there is a much higher number of motivated buyers and sellers, and the ‘the viewing to sale ratio’ is much higher at other times of year. “From a buyer’s point of view, there is not so much competition and the sellers are probably motivated to move,” he said.

Think about photography 

If you’re thinking of making the most of the Christmas attention, it’s a good idea to think ahead. “Try and instruct your agent prior to putting up any Christmas decorations,” says Gina Burbidge from Royston & Lund. “This prevents the photos from looking dated if it doesn’t sell instantly.”

 

Ready for the New Year rush 

In the New Year, there will be a rush of people looking to buy and sell. Why not beat the rush by getting your sale registered or getting to know the market in December?

“January 2nd is one of the busiest days for us at Drivers & Norris,” said Steve Barron. “There aren’t likely to be too many viewings happening over the Christmas period, but it’s nevertheless a great time to get some viewings lined-up for the New Year.

“Many sellers hold off until after the New Year and miss out on the busy online searching that takes place between Christmas and New Year. Additionally, because there are fewer sellers listing their property over Christmas, those who do benefit from having less competition than they typically would have in the New Year or spring.”

Don’t underestimate the time that it takes for your home to go on the market, either.

Steve Wiggins from Bond Residential said: “Given the time it takes for an estate agent to prepare the marketing material for a property including taking photos, preparing floorplans and commissioning an Energy Performance Certificate (EPC), we advise our clients to actually start the process now so that they are ahead of the competition and ready to take advantage of these peak periods.”

It is a great time to develop a strategy with your Guild agent to make sure your home launches to market in the best possible way.

“We are currently running a ‘do not disturb’ campaign which means we are preparing properties to market with EPC, floor plan and images before the decorations go up and then launching them to market over the festive period,” explained John Newhouse from Roseberry Newhouse.

“We will then start arranging viewings in the New Year when the household returns to usual. In January 2017, we arranged more viewings on the first day back than in the whole of December,” he revealed.

It’s not essential to wait until spring to sell, agrees Celeste Hannah from Hamilton Parkers. “Most sellers wait until spring and then there is more supply and more competition,” she said. “Whereas over the Christmas season, there is less supply but still high demand. By selling your home over the Christmas season, you are more likely to achieve a better selling price than you would trying to sell against the flurry of stock in the spring market.

“My tip for house hunting over the Christmas season is to contact local agents and see what stock they have ready to launch over the festive period, as most agents hold back stock to launch over the Christmas holidays. This way you may get first refusal and will get to register your interest first.”

 

The property market is still active at Christmas 

Take our word for it: people are still looking to move, even on Christmas Eve.

“We have found that year on year we have improved with agreed sales figures in December,” said Laura Scott from Cooke & Co. “I am unsure if this is to do with investors in recent years trying to secure a bargain purchase, believing that anyone on the market at this festive time of year will be desperate to sell and more likely to accept an offer, but we have also seen a vast improvement with first time buyers agreeing sales too.”

Tim Goodwin from Williams & Goodwin says it is never too close to Christmas. “Having sold property at 4:30pm on Christmas Eve before now, I have no hesitation in recommending that potential sellers should place their property on the market sooner rather than later,” he says.

“I did have a viewing one year on December 20th, with the completion due the next day. The sole purpose of the viewing was to measure the oven to ensure it was big enough to fit the turkey in, so make sure you take your tape measure to the butchers as well as the viewing if looking to complete before Christmas Day.”

 

Are you thinking of buying or selling during the Christmas period?  Why not contact us on 01765 694800 or 01845 522680 for your Free Market Appraisal.

 

If you are thinking of moving this Christmas, why not look at what properties our Sales Department have on the market right now!