With fewer qualified buyers and more homes on the market, making a fast home sale may seem a daunting prospect. You want to get a fair price, yet not have your home languish on the market. Here we have some strategies to help you obtain your objectives. Today, it's more important than ever to be mindful of the details that make your home more appealing to potential buyers. Let's take a look at some of the inexpensive options savvy sellers exercise to sell a home quickly - and for the best price.
Almost every potential buyer will make the results of a home inspection a contingency of their offer. Consider paying for a home inspection before putting your home on the market. If you wait until you have an offer, a home inspection which reveals problems can be a deal breaker. It's best to know about things the buyer will need to fix and, if possible, make the repairs necessary for a clean home inspection report.
Hire an experienced real estate agent. A good agent can help you price your home right and suggest specific steps you can take to make your fast home sale a reality. Real estate agents know what buyers like and what puts them off. Discuss various incentives which may be appropriate to potential buyers in your area. For example, if there's a glut of properties for sale in your neighborhood, offering creative terms may be all you need to attract more potential buyers and sell your home sooner, rather than later. Follow the advice of your real estate agent. After all, they are working for a commission on the sale, so the agent is going to benefit from a fast home sale, too.
On the other hand, if you feel confident that your home is in great condition, passes a home inspection with flying colors and is a better value than other homes in your area, you might come out ahead financially by following the 'for sale by owner' strategy. That commission can run many thousands of dollars, which might be better spent on nurturing that 'curb appeal', from the sidewalk right on through to every nook and cranny inside, with improving your landscaping, replacing the somewhat worn living room carpeting or sprucing up the kitchen or bathrooms with fresh paint, flooring or wallpaper. If your home is in good shape, you can have your fast home sale and come out money ahead. The FSBO approach is becoming more and more popular with buyers, because of better pricing.
Take a hard, honest look at the state of that all important curb appeal with respect to your home. For example, if your exterior window trim and doors could use a fresh coat of paint, this is an inexpensive visual fix that helps make a good first impression to a buyer. Keep your windows sparkling, inside and out. This sends a subtle message: "This home is well maintained." If bicycles and yard tools are a normal part of your 'landscaping', this only makes the yard look cluttered, so clean up this sort of thing.
A home which looks cluttered does not bode well for the fast home sale objective. Clutter is distracting, making it more difficult for your buyer to imagine their own furnishings in your home. Clutter produces another problem - making rooms and closets look smaller. If your home is 1700 square feet, but appears closer to 1300, it's going to turn off many a buyer. Clean it up. Pack up the knickknacks, clean out closets and the pantry. The more space you clear out, the better your chances at that fast home sale. Don't neglect that dirty oven. Wash walls that are in need of this attention. You'd be amazed at how a sparkling clean appearance and a spacious feel will enhance the appearance of your home.
Even in today's market, a fast home sale is not impossible. It's all a matter of making your home the best value in the neighborhood, eliminating as many sticking points and unforeseen delays up front. You win!
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