FAQs for canalside home sellers

FAQs for canalside home sellers

Are you selling a canalside home? My name is Sheridan, and over the years I have helped many people to buy and sell canalside homes. As far as I know, I am still the only person in the UK providing comprehensive lists of canalside property in the UK, personally researched by a human.

Get genned up

I suggest you start by learning as much as you can about the selling process. Have you seen this post I wrote? It's a helpful guide to the process in the UK. There is a lot of useful information to think about, especially if you have never sold a property before, or if you haven't done so for many years.

30 steps to selling a house in England
If you’re thinking of selling your house, or you have a sale in progress, I hope that this post will help you as you proceed along your rather overwhelming journey!

Should I treat my canalside house differently from other houses?

The vast majority of buyers are looking for property in their local area, or in a specific geographical area, so you don't need to get too focussed on reaching the market nationally, but it certainly helps. The canalside market is a good specialist niche, and always worth exploring, especially if your local marketing is not working.

How does this website help buyers and sellers?

Every week I share dozens of canalside properties on this website and via my mailing lists. My research is manual, and it cannot be automated, so the hours I put in are a huge time-saver for buyers.

Free Property Ads reach the Best Buyers

Mail-outs to my paying members are completely free for sellers. Most paying members are actively looking to buy! They get All Properties by email as soon as I find them.

Get in touch, and I'll confirm whether your property has already been listed. (As a member of the public you won't be able to see it).

These free listings will remain on this website indefinitely (unless I am asked to remove them). They can be seen by logged-in paying members, as long as they have an active monthly subscription.

Sponsored properties are PUBLIC. They appear on my website for ANYONE to see (unless I am asked to remove them) - that's thousands more views!

They are also emailed to both paying members and free newsletter subscribers - that's something like 5 times as many mail-outs!

You can Sponsor a Property by making a one-off payment of £25.

You can pay via the links at the bottom of the contact page.

I will use your estate agent's photos and text to create the post, but I will spend some time tailoring it to my audience. You will need confirmation from your agent that they give me permission to republish the details. I will automatically include the agent's contact details, at no extra charge. If necessary, please reassure them that this is only a marketing service, I do not ask for a commission share.

I am well known for being honest and straight-talking, and if you pay for a sponsored property I may well bombard you with both solicited and unsolicited advice!

I am not an estate agent

I used to be an estate agent specialising in canalside homes and I love helping people to sell their property. However, I am no longer insured or registered as an agent, so I can't directly sell or negotiate sales. I can only help you with marketing, enabling you to reach canal enthusiasts directly through this website and my personal contacts.

Choosing an estate agent

Take a look at my post on valuations and choosing an agent. My usual advice is to use an independent solo agent (my group was eXp, but there are others).

Before becoming an agent myself, I thought bigger was better. But that's not true. Ideally I would recommend choosing an agent with only a handful of properties on their books. That way, they will have enough time to devote to your house, and the maximum possible motivation to help you sell, as their income and reputation as an individual agent depends on their success.

Bigger agents don't really care (although they may say they do). They work on the basis that they will sell a good percentage of property on their books. They don't mind which properties sell and which don't, as long as they're getting sales.

Setting the price

Read my post on valuations.

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Always price realistically for the current market, not at the inflated price the valuers used to entice you to go with them!

In an unsettled or off-season market there are less active buyers in the marketplace, so selling can take longer than we're used to, and it is especially important not to overprice. The economy always affects the market - if there are fewer first time buyers in the market, chains cannot build. If there is an increase in stamp duty, there may be a last minute rush followed by a lull.

It's a good idea to set the price to one of Rightmove's price brackets, so that your house comes up in the first batch when people are looking in that bracket. At the time of posting, Rightmove's searches are in 10k brackets up to £300k, then in £25k brackets up to £500k, then in £50k brackets up to £700k, then in £100k brackets up to £1 million, then in £250k brackets up to £2 million, and so on.

Working with an estate agent

The estate agent is working for you, not the buyer. They should be advising you on how to sell successfully. They should be providing statistics and feedback on viewings (or lack thereof). They should be proactive.

Ask the agent to use all possible tricks to maximise exposure on Rightmove. They can upgrade your listing to Premium and they can add your property to the Waterside category.

Check the agent's details

Don't assume that the details are perfect. Check them yourself, or get a finicky friend who likes proof-reading to look them over.

  • Ensure that they are technically correct, e.g. that they are accurate about mooring rights, that canals don't flow, narrowboats aren't barges, towpaths aren't footpaths, etc. 
  • Be sure to work in useful key words which someone may be searching for, such as 'mooring', 'Name of Canal', 'canalside', 'waterside', 'views', 'towpath'. 
  • Many details are AI generated these days, resulting in unnatural language and over-use of certain expressions. 'Serene' is generally a giveaway, as are spellings containing the letter z, eg cozy.
  • Watch out for estate agents' cliches.
  • Check for copy paste errors, such as duplicate text, unfinished sentences, or stray grammar issues.

Presentation

It's essential to present your house well and keep it clean and tidy. I like Phil and Kirsty's advice to invite a very tidy friend over to help you with some tough, objective advice on decluttering and styling. It can make a world of difference, especially in a difficult or competitive market.

Remove excess photos, pictures, unnecessary items of furniture, ornaments, etc. This will make rooms look bigger, and it will be easier for the potential buyer to imagine themselves and their possessions in your space.

Keep the grass cut, and keep bushes trimmed, especially if your property is vacant.

If there are unused support aids in the house which were used by an elderly person, such as stair lifts, hospital beds, and bath aids, remove them if possible.

Vintage or antique possessions, unless strategically placed with a designer's eye, can make a house look jaded and uncared for. The buyer's perception will immediately be that the house needs a lot of doing up.

Tone down any old-fashioned decor with a coat of neutral or white paint. Pale colours look fresher and make rooms look bigger.

Agent's photography

The estate agent should be including great photos, as well as floorplans, videos, virtual 360 tours, and elevated pole shots, drone photography, or drone video. If they don't have these services in-house, they can easily outsource them to companies like FocalAgent or Viewber.

They should be updating old, stale, or unseasonal photos regularly (quarterly is ideal). If you have a photogenic property, they can use special techniques such as dusk shots with all the lights on to freshen up the look.

Make sure that they move the bins out of every outside shot, and always close the toilet seats!

If your agent does not do virtual 360 tours with their own equipment, they can easily outsource the work. If you are within easy striking distance of my home in Tamworth, I can do a 360 virtual tour for you. Your estate agent can add my tour directly to their Rightmove listing and web page at no extra charge. All of my tours have their own dedicated pages on my website. Contact me for details.

Dropping the price

Normal strategy is to start by pricing realistically, but towards the higher end, and factor in a price drop if things get stale. Anecdotally you will need eight viewings to sell a property. You should get a few viewings in the first couple of weeks, and they should keep flowing gently.

If you drop the price by 2%, Rightmove will include your property as Reduced in an email to registered buyers in your price range (please check for the latest updates to this figure). Rightmove does not allow agents to keep putting the price up and down to take advantage of this mail-out.

Moorings

Don't let your estate agent use the wrong wording when it comes to mooring information. Saying the house has "mooring rights" could be very misleading.

Take a look at this important post if you have an existing mooring or a house with mooring potential. A small investment at the beginning of the selling process could make your property far more attractive to buyers with narrowboats.

Magazine advertising

Magazine advertising is always an option. There will always be a bit of a lead time though, so this is not so good in a fast, competitive market. It can also be expensive, so think carefully about your budget.

You might like to email Waterways World and ask whether they would be interested in featuring your house as the property of the month. (Feel free to name drop me to Andrew Denny if you do this).

You could also advertise in a local canal restoration, volunteering, or enthusiasts magazine, which can be small circulation, but great value for getting the word out.

Social media advertising

Your estate agent should be posting your home sale on a variety of social media channels, especially Facebook, where canal related Facebook Groups are a better bet than Facebook Marketplace.

If your agent is not using social media, that's a concern. Either insist that they do, or do it yourself. If you're leaving it to the agent, tell them to display the price, and avoid AI or estate agent speak. People don't like it otherwise!

Conveyancing

Don't neglect preparing for the legal process. You should speak to a solicitor early in the process and get their advice on navigating any special issues with your property, such as flooding, access roads, rights of way, etc.

If you don't have a solicitor, I'd be happy to recommend mine. I don't get a commission from her - I just trust her to give a great service - and that's priceless! Drop me a line if you'd like her details.

I hope that helps a bit!

Sheridan