Selling a house can be an overwhelming and stressful experience. Some of the challenges you’re likely to face when selling your home include choosing the wrong real estate agent, attaching the wrong price tag, being too emotional about it, and others. This causes you to take ages to get a potential buyer for your home. But, you can overcome those hurdles with these four strategies for a quick house sale.
We’re going to start with the most important one first but read all four of these simple yet effective strategies for a quick house sell.
1. Find A Real Estate Agent
While you might think that you’ll make more money by selling the house by yourself, as statistics have shown this isn’t very likely. That’s why you need to list your house with an experienced real estate agent. This is an individual or firm whose primary job is buying and selling houses. No part-time agents.
Experienced real estate service providers have a deeper understanding of the market. They will understand the best strategies for a quick house sale. Besides, they’ve already formed networks with potential buyers, and others in the industry so your home will get greater exposure. This means selling faster with higher returns. Find a Realtor that will put your best interests first.
2. Price Your House Correctly
Some people in today’s market are looking to make obscene profits. They list far above what the home is truly worth. Little do they know that an improper house price can cause more problems than they think. Overpricing will reduce the number of showings and, in turn, the likelihood of a sale.
Fortunately, this could be avoided by pricing the house correctly.
Finding the correct price for your home isn’t a walk in the park. This is true, especially in the modern world where the real estate market keeps changing. That’s why you followed our advice above and selected an experienced agent who will properly complete a Competitive Market Analysis (CMA) to determine your home’s current value.
Now that you know what it’s worth, you can strategize on the best listing price. One that isn’t too high but will allow for negotiating if that’s what your market is currently experiencing. Pricing your home correctly from the start is essential for a quick house sale.
3. Market Your House
Marketing your house can be the difference between selling your house faster or not selling at all. There are definite strategies that real estate professionals understand that will take into account your home, its location, and current market conditions.
Social media is very strong in today’s real estate promotion. Today, more people than ever are spending more time than ever on social media channels. It, therefore, makes sense to find potential buyers on such platforms.
Professional photographs are key in this stage. Don’t skimp by taking the photos yourself unless you’re an exemplary photographer.
Once you have the images, work with your Realtor to make sure your listing is looking picture perfect. You can also encourage your friends and relatives to share your house pictures on their own social media channels.
There are literally hundreds of ways to market your home besides simply listing it on the MLS. Your Realtor will be key to understanding the pros and cons of all of them.
4. Renovate Your Home
What kind of condition is your home in? In today’s market, more buyers are looking for “move-in ready.” Does that describe your house?
If not, you should seriously consider some updating. If you have any major problems like a leaking roof or foundation problems, it’s almost always smart to correct these before selling. Other updates like new lighting or paint are much simpler and less expensive but can still go a long way towards a faster home sale. Consider some green renovations as they are more popular today than 20 years ago.
Renovating a home doesn’t always increase its value. Speak with your agent about which updates he believes would help you the most.
There are several reasons why you might need to sell your house quickly. These include your current house not meeting your family’s needs, insecurity in the region, job transfer, upgrading, and financial reasons. If speed is the key factor in your upcoming house sale, understanding what you can do is very important.
Most home sales take between two and five months. You can implement the strategies explained in this article to help sell your house closer to the two-month range.