How To Sell A House Fast Without Losing Much Money
More than 6 million homes were sold in the United States in 2017. This represents a massive market for property developers, real estate agents, and lawyers.
If you’re planning to sell, you’re probably wondering how to sell a house fast. After all, the more time your house spends on the market, the more it will cost you. Read on to learn the best ways to sell your home quickly so you can save as much money as possible.
The Importance of a Quick Sale
It’s not uncommon for someone to find their dream home and need to quickly sell their current house so they can close and move in. Many sellers also need a quick sale when they’re suddenly relocated for work, lose their job, or need to downsize.
One of the biggest reasons why a quick sale is so important? As mentioned, the longer it takes to sell, the more it will cost you. Not only will you spend more on marketing and real estate fees, but buyers who are looking for a home in your area will wonder if there is something wrong with a property that hasn’t been sold.
How to Sell a House Fast
Selling a house fast requires a smart strategy before you list it for sale with your Otranto real estate agent. Here are the steps you’ll need to take to ensure your home doesn’t linger on the market:
Choose the Right Agent
If you’re looking for a fast sale, you’ll need an experienced agent. Not only should they have years of selling experience under their belt, but they should also be highly knowledgeable about your area.
Ask to see examples of other homes they’ve sold in your neighborhood, and ask for testimonials or references from other happy sellers.
Consider Curb Appeal
You probably already know the importance of a first impression, and selling your home is no different. Take a walk outside your home and put yourself in a potential buyer’s shoes.
It can be a good idea to get a second opinion here, so ask a friend or family member you trust to be critical as well.
Look for any shortcomings. Is your landscaping well-groomed? Has your lawn been mowed? Check if your exterior walls and driveway are neat and tidy and ensure your home appears welcoming so interested buyers will want to take a tour.
Know Your Point of Difference
What is the one thing about your home that’s likely to make it stand out to potential buyers? What attracted you to it in the first place? What do your visitors comment on when they step through the front door?
Identifying a point of difference or a key selling point is crucial when it comes to marketing. Is it close to a gym or shopping center? Is it bigger than other homes on your street?
Does it have a pool? If you’re not sure about the selling point, ask your real estate agent for some advice.
Clean it up
No one wants to walk through a home that has dust on the tables and clutter all over the place. Before you list your property, be sure to have a big clean out.
Remove any old furniture that detracts from the house itself or makes a room look smaller. Have a clean out and sell or give away any old kids’ toys, books, clothes, and furniture.
If you have a lot of stuff in the way but you’re not ready to get rid of it, short-term storage may be the answer.
Now is also the time to depersonalize your home. This can feel sad, but it’s critical that you remove collectibles, souvenirs, your kids’ artwork, and family photos. You want potential buyers to be able to imagine themselves living in your home. And they can’t do that if they’re surrounded by personal belongings.
Choose the Right Price
If there’s one tip you take away from this article, make sure it’s this one. This is where an experienced real estate agent will be able to guide you to set a reasonable and appropriate price.
Whether or not you choose the right price will often be the determining factor as to whether your house is sold quickly or spends months on the market. It can be tempting to start with a high price, but this is often a mistake.
If you price too high, you’ll usually find that your house sits on the market, scaring away other potential buyers.
Real estate agents and buyers will often assume that an old listing has something wrong with it. That’s why, if you’re hoping to sell fast, be sure to set a price you can live with but don’t shoot for the stars.
Market Aggressively
Your chosen real estate agent should be listing your house online and ideally also on their professional social media pages. But there’s no reason why you can’t do the same. You can easily set up a website for your house within a few hours, but if this is out of your comfort zone, sharing it on social media is the bare minimum.
You never know when a friend of a friend might see your listing online, so ask family members and friends to share your listing on Twitter and Facebook. If you have some time on your hands, filming a video highlighting the key points of your home can be a great move as well.
Wrapping up
Selling your home can be stressful. This is particularly true if you need to know how to sell a house fast and don’t want to waste time or money with your house on the market.
By following the above tips, you’ll be able to massively reduce the amount of time it takes to sell your home.
Remember, it all starts with your real estate agent. If you’d like to learn more, check out some more of our advice for home sellers today.