7 Secrets to Sell Your Home Faster
No one wants to list a house that ends up sitting for months or even years without any prospective buyer. The faster the property sells, the faster you can move on with the next chapter of your life. Below are some tips and tricks on how to sell your home faster and easy
Your first weapon of choice when it comes to attracting to sell your home faster for buyers to make an offer on your property is to clean and declutter. It seems simple enough, but not many homeowners can pull this off without the help of professionals. But there are steps you can follow to at least make your house presentable.
First, get a storage unit to hide away all your extra belongings and bulky furnishings to make your house less crowded. Next, organize your closets, only leaving behind clothes you regularly wear and storing away the rest. Last is to remove any personal belongings strewn around the house like photos, religious items, and other keepsakes as they only serve to distract prospective buyers.
Mind Small Repairs
Obviously, it would be impractical to do an entire renovation just when you're about to sell the property. But you can choose to at least do some of the easy fixes around the house to make the house and bedrooms more appealing to buyers. This includes:
Patch up areas where the paint is peeling
Fix loose tiles.
Tighten/replace leaky faucets.
Repair loose doorknobs and door handles.
Appearance is Everything
In selling a property, you cannot discount the appearance. There are two ways to sell your home faster can be viewed: vacant or occupied. It's important that both homeowners and agents aspire to connect with people emotionally. To do this, specific updates on the house need to happen, namely:
putting fresh paint on walls;
updating appliances if possible;
updating light fixtures;
replacing old carpets; and,
hiring a landscaper to tackle the yard.
Use Technology
You want to generate interest and intrigue on your listing so it can be sold off fast. To do this, you have to tap all your available resources and that includes making full use of the internet.
More and more people are buying their homes via the internet. Even those that bought their homes through an agent saw the listing online first. This should suggest that besides partnering with an agent, you should proactively list the property in other mediums to reach as many people as you can.
Pick a Strategy
When listing to sell your home faster, there are two options traditionally considered. One is by selling it yourself, often referred to as "for sale by owner," or FSBO. The other way is to hire a real estate agent. Both have their advantages and disadvantages.
FSBO
The main benefit of selling the property yourself is you save on commissions. But if you want to sell the property quickly, you'll have to be good at negotiation. You'll have to deal with all the escrow timelines, contract paperwork, as well as consulting with other professionals.
Agent
Experienced agents know the ins and outs of the business and can bring the right people to viewing. They are also pro at all the paperwork and negotiations so all that you have to do is sit and wait.
Unconventional Strategy
There is, however, a third way to put your house in the market and see it sold fast. It's a relatively old concept that's been rebranded for modern times. It involves selling the house directly to an investor, at an auction, or to a developer.
Cash for Houses Dallas, as an example, will pay for houses with cash in less than a week of the first contact. The downside is you typically get less than market value for the property but if you're in a bind and need to quickly let go of a property.
Pricing Competitively
The frustration in selling property centers around not being able to sell it within the expected timeframe. Even if you're selling in an ideal market, there will always be competition and could affect how fast the property sells.
But one thing you can do to tip the scale in your favor is by adjusting the price. overpricing will invariably discourage buyers from placing an offer. Setting the right price that's competitive takes into consideration many factors such as the urgency, your local real estate market, and the valuation of homes in your area