finance
monthly
Personal Finance. Money. Investing.
Contribute
Newsletter
Corporate

1. Get The Best Realtor

Sellers should try to get the best realtor they can be. There are a lot of good agents out there who want your business and will work hard for you. Sellers need to make sure that their home is in move-in-ready condition before listing it with an agent. You could also choose the best home buying company as it will help sell your house faster and at the best price. It's important not only from a practical perspective, but the fact that you'll be saved from the hassles that come with selling a house on your own is all worth it! 

2. Price Your House Competitively

Sellers often get their hopes up, looking at the highest price from a year ago. But what did that house actually sell for? You could end up with someone willing to pay top dollar only because they don't know about all of the competition in your area. Sellers should price their homes competitively for what similar properties are selling for in their neighbourhood.

3. Be Honest With The Condition Of Your Home

Sellers need to be realistic about the condition of their home in order for buyers to take it seriously. Sellers should not think that they can get away with hiding defects in the home just because it is their own. Sellers who are looking for the top dollar would be wise to invest some money into renovations or repairs before putting up the home on the market, as this will help you attract more buyers and ultimately receive a better price.

4. Have Patience While Waiting For An Offer From A Buyer

Small house sat on calculator

Sellers tend to get antsy and want a quick sale. If you find your buyer quickly, that is great. Sell as soon as possible if this happens, but don't pressure yourself into selling the house before it's time. Sellers who do not have patience tend to give in and accept low offers because they feel like it is the best deal on the table. So, be patient and try to stick with your selling price because it is the best price for your house. Sellers who are willing to wait for that perfect buyer tend to get better offers.

5. Paint The Exterior Of Your Home A With A Fresh Colour 

It's possible that if you're considering moving out of your current home, that it may be time to paint the exteriors. To make sure you get the best deal for your house and sell it faster than expected, consider painting before listing. It will definitely show a buyer how much work has been put into maintaining its appearance over the years while giving them ideas about their own potential upgrades after purchase. A fresh coat of paint can do wonders. So what are some colours you see in modern houses? Well, homeowners looking to move often choose shades like light greys or whites with greys being popular as well since they have an airy feel, making rooms seem larger and more open. Lighter colours also have a fresh, clean look that will appeal to most buyers. And don't forget about neutrals if you're looking for a more traditional style, as they can be easily paired with any accent colour.

6. Be Confident About Selling Your Property

Sellers are often plagued with self-doubt, which can end up costing them thousands. Be confident that you know what your house is worth and why it's a good investment for buyers. This will help to ensure that the process goes smoothly and that you don't put yourself at risk by selling too low, or miss out on potential profit because of buyer doubts about the price.

Sellers who fear raising their asking prices may settle for lower offers than they should receive due to a lack of confidence in their property value. One way to combat this fear is simply researching comparable home sales data, so there's no mystery surrounding market values. You should be aware not only how much other homes sold for, but also how quickly they went under contract. This also means that you should be confident in your property value, and this confidence will help sell the house much faster.

7. Install A New Mailbox

Anyone selling their home should prepare for showings by installing a new mailbox. It can be an old-fashioned design or something more modern, but it should have the same appearance as other mailboxes in your neighbourhood. Sellers should also make sure that the box is emptied and free from junk mail. If you are selling your home on your own, you could paint the mailbox to give it a fresh look. It might not sound like much, but this is an important step to helping give your front yard a new look. 

When you’ve finally decided it's time to sell your house and move, the next step is figuring out how to do that. You could ask friends who've been through all that, find buyers online, and in addition to this, post your home on online listing websites. It will not be easy at first, as this is one of the most challenging things to do in life. This has been your home for years, and you must have been attached to it. 

To sell your property, you need to find a motivated buyer and be confident in the market and of what your home is worth. In addition, it’s important that you have an experienced realtor who understands how buyers think about properties for sale. There are many factors that go into pricing competitively for similar properties in your area.

The company that owns Hong Kong's main stock exchange, Hong Kong Exchanges and Clearing, has made a surprise £32bn bid to buy it’s London rival and counterpart, the London Stock Exchange.

The Hong Kong company said in a statement that it hoped combining the two exchanges would result in the creation of "the largest and most significant financial centres in Asia and Europe."

Shares in the London Stock Exchange Group rose by more than 11% as the news broke, but the initial flurry cooled and fell back as the financial world adjusted to the news.

The bid marks a bold move for Hong Kong Exchanges and Clearing, as it comes just after the LSE's £22 billion ($27 billion) deal to acquire financial data company Refinitiv; a deal the London Stock Exchange is hoping transforms it into a global markets and information powerhouse with the express aim of competing with rival Michael Bloomberg's financial data empire. However, the bid from HKXCF is reported to be dependent on the LSE scrapping its plans to buy Refinitiv.

Charles Li, Chief Executive of the Hong Kong company expressed his desire for the deal to come to fruition, and proclaimed the deal would "redefine global capital markets for decades to come. Together, we will connect East and West, be more diversified and we will be able to offer customers greater innovation, risk management and trading opportunities."

Following the bid, the London Stock Exchange confirmed it had received what it described as an "unsolicited, preliminary and highly conditional" offer from Hong Kong Exchanges and Clearing and released a statement adding that "the board ... will consider this proposal and will make a further announcement in due course".

Analysts have described the deal as a potential “non-starter,” highlighting the London Stock Exchange share price staying well below the offer price as a sign that investors aren’t confident in the deals chances of success.

Some have noted that political factors may come into play in what will be seen as the first real test for a post-Brexit Britain and how, without the EU, it’s high value financial services industry could become fair game.  In the past the EU have blocked mergers between the LSE and it’s rivals including one in 2017 which would have resulted in a merger between the London Stock Exchange and Germany’s Deutsche Boerse.

As the political battleground in the UK is played out around the perceived independence Brexit is designed to deliver, this could be a huge reason for the bid to fail.  Neil Wilson, an analyst at Markets.com told the BBC: "The UK government may not wish to see such a vital symbol of UK financial services strength, and indeed a strategic asset, to be owned by foreigners. Effectively it would hand it over to the Chinese through the Hong Kong back door."

The London Stock Exchange seems to be committed to its original plan, stating it would be continuing with its own proposed acquisition of Refinitiv.

British entrepreneurs are being offered the chance to develop financial services ideas in one of the top financial regions in the US, with a $100,000 (£77,000) equity-based grant and a package of support for growing businesses.

The initiative aims to bring up to twelve of the most promising emerging financial companies in the world to Ohio and help them boost their growth beyond the start-up stage. Equity-based grants of $100,000 per firm plus coaching, office space, visa support and a strong business network are all being provided through the accelerator Fintech71.

Valentina Isakina, Managing Director for Financial Services and Select HQ Operations at JobsOhio, said: “Ohio looks ahead to the future by investing in technologies of the next generation. Our financial services sector is one of the strongest in the world, and it is always actively seeking innovative ideas and partnerships. Here people are more approachable and doing business is easier, so these innovative companies will have a better chance to blossom into the financial stars of tomorrow. JobsOhio is happy to support this innovative industry effort.

“Getting beyond the start-up phase is always difficult even when entrepreneurs have a great idea and have managed to get their business going, so the financial services industry wants to give them a helping hand by creating Fintech71. By bringing them here to enjoy Ohio’s support and hospitality, they will make contacts that will last a lifetime and benefit everyone.”

Fintech71 is aimed at start-up and scale-up businesses from all over the world which have matured enough to present a well-thought-out concept to test with a corporate partner or a market-ready business model. The application deadline is July 17 via www.fintech71.com.

The accelerator has a not-for-profit model and will negotiate a customised, entrepreneur-friendly equity-based participation in exchange for a grant of US $100,000 and access to the accelerator program for each of the selected companies. The finalists will be invited to the state capital Columbus to receive coaching from leading experts of the industry from mid-September to mid-November, in order to further develop their business ideas.

Additionally, the selected start-ups will get the opportunity to build relationships with the sponsor businesses, which are well established in Ohio and throughout the USA, and to network with mentors, partners, and customers. The selected start-ups will have access to free office space in the city centre of Columbus, with foreign businesses will be supported with their visa application.

Some 270.000 people, nearly the size of NYC’s workforce, work in the financial industry in Ohio, one of the largest in the USA. Ohio is also an innovative and successful hub for a large number of other industries, including automotive, aerospace, mechanical engineering, and chemicals. The state is among the top five US states for Fortune 500 and Fortune 1000 headquarters.

Fintech71, named as a nod to the cross-state highway I-71 connecting Ohio via its three largest cities, is backed by leading enterprises, banks and insurers from Ohio, like KeyBank, Huntington Bank, Grange Insurance, Progressive Insurance and Kroger, the largest food chain in the USA. JPMChase is also supporting the program, leveraging its large technology presence in Ohio. JobsOhio, the innovative non-profit economic development corporation, is supporting Fintech71’s operations along with its industry expertise, state and national contacts.

“Fintech71 and Ohio are ready to compete on a global scale given the alignment of the state, the private sector and its entrepreneurial ecosystem,” added Matt Armstead, the executive director for the accelerator.

(Source: JobsOhio and Fintech71)

About Finance Monthly

Universal Media logo
Finance Monthly is a comprehensive website tailored for individuals seeking insights into the world of consumer finance and money management. It offers news, commentary, and in-depth analysis on topics crucial to personal financial management and decision-making. Whether you're interested in budgeting, investing, or understanding market trends, Finance Monthly provides valuable information to help you navigate the financial aspects of everyday life.
© 2024 Finance Monthly - All Rights Reserved.
News Illustration

Get our free monthly FM email

Subscribe to Finance Monthly and Get the Latest Finance News, Opinion and Insight Direct to you every month.
chevron-right-circle linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram