Anyone who has sold a home knows that it can often feel more like a marathon than a sprint. There is a great deal of preparation that goes into listing a house, from home renovations to pricing to staging. Once it’s on the market, it takes time for offers to start rolling in, and in certain circumstances, it can take much longer than a seller would like.
If you’re about to sell your home, you likely want to do so as quickly as possible so you can close this chapter and move onto the next one. Fortunately, there are steps you can take to make that happen. In this post, we’ve compiled some of our top tips for selling your home quickly. With this knowledge, you’ll have all the resources you need to set yourself up for success.
Don’t Skimp On Repairs and Upgrades
Do you have a few faulty items or appliances around the home? Is your house an older model that could do with some new touches? If this sounds like your situation, then you’d be wise to consider doing some repairs and upgrades to the necessary parts of your home before listing it. If you don’t and leave your home in its current condition, you could scare potential buyers away. This is mainly because people want a home they can move into immediately. In the majority of cases, buyers would rather sidestep the hassle of costly renovations.
Taking the time to complete repairs and upgrades can increase the value of your home drastically. Think of these adjustments as an investment in your home – an investment you’ll get a significant return on when you sell it.
Price It Right
Pricing your home correctly is also vital to ensure it sells quickly. If you price your house too high, buyers will be dissuaded from making offers. As a result, your place will sit on the market for much longer than you want it to.
At the same time, you don’t want to lowball the price. Doing so could cause you to lose out on the price you’re entitled to. While you wouldn’t have to worry about a lengthy closing period, it means less money in your pocket.
Finding the right price for your house is a fine line to walk. To do so, be sure to research the market value of homes similar to yours (i.e. in a similar area, of a similar size, the same number of bedrooms and bathrooms). You can conduct this research on platforms like Zillow, which includes its own “Zestimate” calculator. Redfin is another useful site that hosts its own home estimate tool that you can easily use. The more research you do, the easier it will be for you to price your home appropriately and sell it in no time.
Stage It Properly
When it comes to selling your home fast, aesthetics matter. Buyers want to walk into a home that feels inviting and cozy. They want to be able to picture themselves in space and visualize it as their future home.
This is why staging your home is so important. Staging helps buyers focus on the potential of the home rather than the present. Staging can also highlight key areas of the home that you want buyers to focus on. For example, the living room is often considered the focal point of the home – and staging can do wonders to reinforce this. Staging is also excellent for reducing sales times. According to a survey released by the National Association of Realtors, 28% of sellers’ agents noticed a slight decrease in days on the market for staged homes, while 25% noted a significant decrease.
Consider All Kinds of Buyers – Including Home-Buying Companies
Finding qualified home buyers can be a tricky process, especially if you’re closing yourself off to one particular type of buyer. For example, maybe you’re appealing to a certain buyer demographic, such as single bachelors or a family with young kids. However, you may not be considering all your options in terms of potential buyers.
For instance, you should also target real estate investors and home-buying companies. Real estate investors are those who purchase properties as investments. They may flip the home and re-sell it for a higher price or they may rent it out to tenants and earn a profit on rent.
Home Buying companies, such as Four 19 Properties, specialize in buying homes in their existing condition. They charge no fees, no commissions, and provide competitive cash offers. Not only is this an excellent option for your wallet, but the closing periods with these companies are usually lightning-quick because of their expertise in the industry.
Embrace Technology of All Forms
If you want your home to fly off the market, you need to be using technology to your advantage. Without question, it is one of the most powerful tools you have at your disposal to reach potential buyers.
The first reason for this is because of how popular social media platforms are. Specifically, as of 2020, there are roughly 3.96 billion social media users. Whoever you’re hoping to sell your home to, they’re likely on these platforms themselves. Plus, social media is excellent for providing you with the opportunity to reach people anywhere, despite geographical distance.
Be sure to list your home online on real estate sites, as well as more localized property listing sites in your region. You should also get the word out on social media to reach even more potential buyers. You can start by posting to your own personal account on platforms like Facebook and Instagram. If you’d like, you can even go one step further and purchase paid ads on social media platforms to attract even more traffic.
Selling your house as quickly as possible doesn’t need to be an overwhelming or complex process. However, with the help of these handy tips, you can ease the process massively. Before you know it, you’ll be slapping the “SOLD” sticker over the sign on your lawn and moving onto your new home.
