5 Tips for Selling Your Property Faster
Anybody who is selling their home wants to sell in a decent time frame while getting the best return.
While some sellers have a little more leeway with when the house needs to sell, others have to get out quickly. So, we’ve compiled a list of 5 tips for selling your property faster.
Keep reading to learn more!
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Set a Price That’s Fair
Pricing is one of the most important factors when it comes to selling a home quickly.
That being said, it’s also one of the most difficult factors to get correct. It’s easy for homeowners to get attached to the property and try to sell it for more than it’s worth.
While precious memories are priceless, unfortunately, these don’t impact the amount that potential buyers are willing to pay for the home. So, when determining a price for the house, it’s important to look at it from the perspective of somebody who has never lived in the house.
It’s important to price your home for what it’s worth on paper because asking too much will automatically take you out of the competition in your area. To find a fair price, do some research about what similar houses in the area are selling for.
2. Learn to Drop the Price When Necessary
If the market isn’t as hot as you thought it was, you may need to drop the price.
If you’re not noticing much activity around the house, it may be time to swallow your pride and ask a little bit less for it. This may be necessary during less busy seasons, such as the winter.
If potential buyers aren’t scheduling appointments to come see the property or making offers, this may be a sign that you’re asking price is too high for the current circumstances. A willingness to lower the price will attract more attention from buyers with a lower budget.
If you have time before you need to be out, you may not need to lower the price and you may be able to just wait for a busier season. If you’ve already bought another house and need to sell your current home quickly during a slower season, you may need to make some sacrifices.
3. Work With a Realtor
One of the easiest ways to sell your home quickly is to hire a realtor.
Even if you’re not trying to sell quickly, working with a realtor makes the selling process much easier and more convenient for you. A realtor has been through the process of selling a house many times, so they can help you with all the tedious tasks that seem confusing if you’re not familiar with real estate.
Also, realtors may know about resources for selling that you’ve never heard about, such as 3D tours, professional photography, or professional property description writing services.
Utilizing resources that will make your home more appealing is a great way to generate more interest in your property. Plus, realtors can share your property on their social media, expanding the audience of people who are seeing the property!
4. Make Necessary Renovations
While no house is in perfect condition upon selling, it’s a good idea to fix any major problems.
After making the investment to buy a house, most buyers aren’t going to be comfortable buying a house with expensive issues. If the house is considered a “fixer-upper,” flippers may be up to the challenge, however, the average buyer will not.
If a buyer is considering buying your property and the inspection reveals pricey issues, they will likely back out unless you fix the necessary issues.
If you’re trying to sell quickly, it’s best to have the large repairs and renovations completed. To help you decide where to start, you could even work with an inspector!
If you don’t have the time or resources to renovate the house yourself, drop the price to reflect the issues that are being left unresolved.
5. Neutralize the House
For the duration of your time at the house, it’s been your home. Your happy place, the place you gather with loved ones, and the place that you have an emotional connection to.
As difficult as it is, if you want the house to appeal to the general population, you’ll want to neutralize the house.
What do we mean by neutralizing? Well, we mean making it a space that is free of personal family photos, unique colors, patterns, or designs, and clutter.
While you may love the artwork from your 4-year-old budding artist, potential buyers want to see a clean fridge. While you may love the eccentric, bright wallpaper, potential buyers may not.
So, to be safe, you’ll want to use neutral colors and designs throughout the home in the listing photos. This will make the home feel larger and cozier to someone who may not share your taste. Staging the home in a neutral and simple way will make the property seem more appealing to people who have never seen the house before!
Are You Ready to Sell?
Maybe you’ve bought a new house or maybe you have a unique financial situation.
Regardless of why you need to sell your house quickly, there are plenty of steps you can take to make the process move faster. To learn more about the marketing tools that will help you sell, reach out to us today!