The Top 5 Ways to Sell Your Home More Quickly

By
Real Estate Agent with RE/MAX Gateway

If your home is on the market, or if you're planning to sell your home in the near future, you might be discouraged by the national media's rampant reports of increasing inventory and languishing sales.

As a member of the Top 5 in Real Estate Network®, I have many years of experience working with home sellers and have learned a few strategies that really work toward securing a buyer more quickly. Here are five useful suggestions:

  1. First, for your home to sell more quickly, it must be exposed to the maximum number of buyers possible, so make sure your home is listed with a local brokerage that has a comprehensive understanding of your market area and knows how to employ technology to increase exposure. Find out how they will market your home online, what listing portals they will use, how they will utilize social media, how many pictures they will post, videos, etc.
  2. While it's understandable that you’d like the largest downpayment possible from a buyer, be willing to accept a smaller downpayment, provided the buyer has been preapproved for a loan. This can make a huge difference to cash-strapped buyers.
  3. Do some legwork and ask your real estate agent for a tour of competitive properties. This will help distinguish what features of your home you should highlight or what small changes you can make to give your home an edge over the competition.
  4. Choose your battles and understand where certain concessions might work in your favor. In a slow market, for example, it may be better to pay a "seller contribution" to help buyers offset closing costs than to lower the sale price. While a seller contribution may be smaller than a price reduction, it is often more attractive to buyers who need cash to close.
  5. Consider including some value-added items in the sale of your home, such as the swing set in the backyard or items of furniture that buyers fall in love with and/or really need. A few freebies might be just what you need to close the deal.

If you would like to learn other ideas for selling your home more quickly, please contact me. Also, please forward this information on to anyone else that you may know who has concerns about effectively selling their home.

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"I strive to remember that behind every client agreement, every transaction, behind every for sale sign and every negotiation, there are people. I understand that this business is about real people with real needs. I work daily to meet those needs and to surpass every client's expectations!"When It's SOLD, The Butler Did It!

 

 

Ed Butler
(Licensed In Virginia)
RE/MAX Gateway
Four Offices For Your Convenience

Realtor Member of 

MLS
When It's SOLD, The Butler Did It!
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Comments (4)

Menlo Park Real Estate and Homes for Sale
Wende Schoof - Menlo Park, CA
WendeByTheBay.com - 650.504.0219 - SF Peninsula

Ed, these are 5 good points!  Offering some personal property that might be attractive to a potential buyer right up front is an interesting idea. 

Oct 23, 2010 05:41 AM
David Alan Cox
REMAX Dallas Suburbs - Dallas, TX
Get Up, Suit Up, Show Up!

GREAT information and GREAt points Ed.  Thank you for sharing.

Oct 23, 2010 05:45 AM
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

# 3 is a very good start, to make sure the seller understands the "mood of the moment".

Oct 23, 2010 05:49 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Good tips Ed.  The best way I've always found to get a house sold quickly is to price it to sell.  Motivated sellers want out now and usually price their homes accordingly. 

Oct 23, 2010 05:55 AM

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