Well, who would have known that the last year has seen such change worldwide? The property market is, as expected, reflecting these changes, in all areas of France.
In this area of Nouvelle Aquitaine, the domestic market is booming, with the anticipated moves away from cities to more rural locations proving to be a factor. While the domestic market continues to grow, what has been something of a surprise is the change in approach to property marketing and sales, enabling non-French residents to continue to sell and buy during these unforeseen times.
An anticipated market lull, due to Brexit and the worldwide pandemic travel restrictions, has not materialised and many potential buyers, from many parts of the world, have been content to offer to buy and complete their purchase following virtual/video tours of their property choices. Until this unprecedented situation, such sales were rare and not particularly encouraged, as property is ‘sold as seen’, but as with many other aspects of our lives, we must adapt and move forward in whatever way possible.
However, a word of warning to sellers and buyers alike: for such transactions to be completely successful, leaving the seller without the concern of being accused of vices caches and the buyer being absolutely certain of exactly what they are buying and where, I would advise the following:
Information buyers need to ask for/obtain:
- All diagnostic reports up front – devis/estimate for any works required on drainage
- Details of all cadastral plots for the property and any ‘droits de servitude’ – rights of way - affecting the property
- Google earth image and co-ordinates to allow ‘viewing’ around the property and the area
- Explore websites detailing the local amenities to ensure you are buying in an area suited to your/your family’s lifestyle needs
- Details of any local planning projects which could affect the location – ask the local Mairie and the Notaire
- Video/virtual walk through of the property and for a ‘warts and all’ resumé of every room, nook, cranny, attic, cellar, outbuildings, garden panoramic views showing your outlook from the exterior.
- Ask about noise pollution, neighbours, agriculture, local factories, farms etc in the vicinity of the property
- Join local social media groups and ask for local opinions of the area
Information sellers need to be prepared to supply:
- All diagnostic reports up front – devis/estimate for any works required on drainage
- Details of all cadastral plots for the property and any ‘droits de servitude’ – rights of way - affecting the property
- Google earth image and co-ordinates to allow ‘viewing’ around the property and the area
- Local amenities/services/distances to local towns/local markets/leisure activities and any other information you can provide to give a good idea of lifestyle in the area
- Details of any local planning projects which could affect the location – ask the local Mairie and the Notaire
- Video/virtual walk through of the property and for a ‘warts and all’ resumé of every room, nook, cranny, attic, cellar, outbuildings, garden panoramic views showing your outlook from the exterior. A professional presentation is essential for maximum impact, but an honest appraisal of property condition, inside and outside is a MUST!
- Honest responses to questions regarding noise pollution, neighbours, agriculture, local factories, farms etc, in the vicinity of the property
Seller of second homes, don’t forget, just because you may have not been able to visit your home, it doesn’t mean it won’t need a property check and Spring clean to be at its most appealing to potential buyers… if need be, pay a professional to do just this, to ensure there are no unknown problems and unwelcome house guests.
Selling tips reminder for primary and secondary property owners:
If you’re planning to sell a home this Spring, whether new to the market or having been on the market over Winter, consider the following tips:
· Price to Sell: This is a buyers’ market! Whether it’s Spring, Summer, Autumn or Winter, if your house isn’t priced right it’s not going to sell. At the very least, poor pricing could force your property to sit on the market for a long time. Research comparable properties in the area, and/or listen to suggestions from your estate agent and choose the right price for your home. Don’t be afraid of asking for fresh price estimates from professionals.
· Increase Curb Appeal: Check, or have a professional check in your absence, the exterior presentation and carry out necessary maintenance, refreshing tired paintwork, cleaning paths and drives. Remove Winter garden debris and consider using seasonal blooming flowers and shrubs to provide a welcoming first impression. Also, think pollen – a dusting of yellow pollen over your window sills could be a drawback, so if you are in a high pollen area, check and clean regularly.
· Refresh: You don’t necessarily have to redecorate your home by any means, but it is a good idea to add a few Spring touches here and there, accentuation Spring pastel colours. Let as much light in through windows as possible.
· Prepare for Viewings: To help make all of your Spring cleaning worth it, make sure you are actually ready for property viewings. For example, set out a welcome mat and umbrella holder so potential buyers can wipe their feet and leave their umbrellas at the door before entering the home. This will help make sure you only have to do minor touch ups between viewings, rather than starting from square one each time.
· Make Necessary Repairs: If you are aware of any potential problems with the home be proactive and make any repairs before selling. This can help speed up the selling process and ensure a smooth transaction.
Traditionally the busiest time of year across most of France, with this year being no exception Spring can offer this year’s buyers a wealth of opportunity to make the move they dream of.
