Education and news for smart DIY landlords!
It’s already challenging to sell a house and selling it on a deadline is even more difficult.
Many businesses today rely on selling things online to make the transactions easier for both the seller and the consumer. However, finding a buyer for your real estate property takes more than simply posting pictures of them online.
Sparking interest in your property is essential for convincing potential clients to buy your house. The more potential buyers you can attract, the better your chances of closing a sale quickly. Here are six tricks that will help you sell faster and at a great price, no matter when you’re listing it.
If you’re looking to close out a deal quickly, you need to find the best real estate agent— someone who knows the local market and has extensive experience in sales. Hiring an agent will save you the trouble of navigating all the legal and regulatory requirements needed for selling a home.
They will help you with the entire process, including getting broader exposure for your property, scheduling and hosting open houses, and negotiating for a better deal. That said, in exchange for the convenience of an agent, you’re responsible for paying their standard commission, which is 5%-6% of the selling price.
Selling your house a little below the market value is one of the most effective ways to speed up the process. Keep in mind that price is a significant motivating factor, which means that pricing it too high could discourage prospective buyers.
The least expensive home attracts the most interest from potential buyers. You can set a realistic price for your home by comparing it with other properties in your neighborhood. But if you really need to sell fast, consider selling your house at a huge discount.
No matter your timeline, staging and boosting your home’s curb appeal is crucial in attracting more interest for your property. After all, you’re more likely to sell fast if you’ve made a good first impression on potential buyers. If a sale is urgent, at least fix anything broken and apply a fresh coat of paint on your door. Make sure prospective buyers can appreciate your home’s appearance as they approach.
Nothing turns off buyers like a messy home. Get rid of clutter and hide family photos and other personal items, which will prevent potential buyers from picturing themselves living in your home. Clean everything in your house from top to bottom and showcase your home’s best assets to make your home’s interior appeal to as many buyers as possible and sell it quickly for the best possible price.
Check with your real estate agent if using professional real estate photos in your listing is part of their services. If not, consider hiring professional photographers to take pictures of your home. It may cost you a few hundred dollars, but viewing professional photos can significantly influence a person's home-buying decision.
Another way to seal the deal quickly is to offer them something that will make it hard for them to refuse. Make your offer more attractive by giving buyers financial incentives, such as:
Although selling a house can be tedious and stressful, the right strategy can speed up the process and make the transactions smoother. Focus on that first impression that will influence a buyer's decision upon seeing your house for the first time.
It may not be easy to persuade buyers to consider your home but the right agent, a spruced-up home, a professional photo, and a discounted offer (plus incentives) are your best chance of closing the deal quickly, even in a slow market.