Although the real estate sector has been growing steadily and houses are still very much in demand, many factors could prevent you from selling your home on time and for top dollar.
That may be the size or style of your home or its current condition, location, and additional factors buyers consider when purchasing a property. To sell house fast is therefore affected by some factors and activities that you need to pay attention to when bringing your house to market.
Tips on how to sell a house fast & at market value
If you can close a deal within 5 to 6 weeks from the time you put your house up for sale, you are considered lucky. A house rarely sells this fast.
Most often, homes stay on the market for one calendar month without a bid, and the owner is forced to reduce the value to recover from the entire process. Here are top tips on how to sell house fast at its current market value.
#1 Prepare your property
The first thing you have to do is make your property or home more appealing before you start showing it to prospective buyers.
Statistics show that staging houses helps speed up their sale. Start improving the look of your home by making the necessary repairs and organizing the house. The more desirable the house is, the faster it will sell.
Renew and modernize the house to meet current market requirements. The best thing about home remodeling and renovation is that it can increase value and, as a result, you will get a sweeter deal for the home.
However, the process may take quite some time, depending on the sternness of the damage done to the house. If you have the money, it can be great to give the house a new face (renovate the exteriors) as it will attract many potential buyers — and will put you in a better position when potential buyers are touring it, as the exterior of the house is the first thing they see and remember about the home.
#2 Hire a real estate agent
To get a reasonable deal and be able to a sell house fast, you also need to hire a real estate agent.
Leaving some of the most crucial aspects in the hands of an expert is the best option when selling your home, particularly if you don’t want it to linger on the market for too long.
An outstanding real estate agent knows how to price your home, list it on all the right channels, and promote it heavily where buyers are more likely to be looking. Now, this ushers in the third step.
#3 Set a realistic price
A crucial element to sell house fast is to set the right price. The most frequent mistake — made by both home sellers and agents — is pricing the property too high. They think that if they raise their prices, they may have the chance to keep the price reasonable after offers and counter-offers.
However, setting a higher price for your home will only scare off potential buyers, or get your home passed on by many homebuyers because it doesn’t fall within their budgets.
It is recommended to start with the average price rather than the preferred net profit. The latest selling prices, along with the fair market value, can help you decide on the right selling price of your property. Do not expect to sell for more than the average price in your community. If you’re having problems pricing your property, you can use Sell House Fast for a more accurate quote.
#4 Get ready to show your home anytime
Now, nobody likes to keep a spotless house — and frankly, nobody’s got the time for that. However, when your house is listed on the market, you’ll have to step up your cleaning chores, including taking our the garbage every day.
That’s because disorder and messiness will significantly diminish the appeal of your home and could possibly turn away buyers. The house needs to be presentable and clean at all times, even if several days go by in between showings.
#5 Advertise your house
The worst thing you can do while trying to sell your house fast is to sit around and wait for buyers to find it.
Keep in mind that there are many other houses on the market, which means it’s essential to promote your home in order to get it sold and taken off the market. This is something that your real estate agent can help you with, as they are incredibly familiar with this process and can guide you on what works best, if not handle it himself.
You can use simple marketing channels like social media and flyers or even some classified online ads to get the message out to potential buyers. Be sure to include high-quality images of your house and a description of its features so that you can attract the right buyers. When your listing is showcased properly, you can be sure you’ll start receiving calls from buyers who want to see the house.
#6 Don’t get too involved
When the house is shown, always keep the lowest profile possible. If you’ve enlisted the help of a real estate agent, let him make the sale, and make sure you’re not even in the house when he’s showing it. If you are selling on your own, be available to answer questions and take a quick tour, but give customers time to be alone to take a look at the house.
Why is it this important for you to not be there? First off, sellers normally have an emotional connection to the home, which means very simple remarks (like a potential buyer saying something less nice about the color in the living room or choice of drapes) can be taken quite personally. Not to mention that the whole scope of the house tour is for the buyer to imagine him or herself living there; which isn’t easy to do with the current occupants still around.
Businesses that buy homes can help you sell their homes. Their hands-on experience will guide you through the effective sales techniques that work best in your area. They are fully aware of the ins and outs of the real estate market. Besides, they can help you determine the right selling price of your home, give you concrete recommendations to improve your sales prospects and guide you through every step of the sales process.
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