Are you thinking the time has come to put your home up for sale?
If so, are you worried that it will just sit on the market, perhaps for a longer period of time than you are prepared for?
While some real estate markets nationwide are booming, others are stuck in neutral or worse. As a result, it truly depends on where you are located as to the chances of if your home will move quickly or not.
In the event you are worried about your residence just sitting on the market for months or even longer, what can you do about it?
Although there are some fixes to getting a home to move faster, some do not always work. Most importantly, the condition of your present home will play the greatest role on how fast it sells.
If that issue is giving you cause for concern, there are some ways to remedy those fears, allowing you to go about selling your house at a fair price.
Take the Time to Do Your Homework
So that you are better prepared (and your home is for that matter too) to sell your residence, remember to focus on:
- Research – First and foremost, researching your area’s real estate market is key to selling your home sooner rather than later. Are there certain types of homes in your area of the country selling more than others? Is crime playing a big role in your local neighborhoods? If so, it can easily bring down the value of your home and others nearby, making for a tough market to sell. What kinds of amenities are prospective buyers typically looking for when shopping for a home? Much of this information can be found by spending a bit of time online. By using the Internet, you are better able to learn about the latest trends in the housing market, including such trends in your neck of the woods;
- Condition – While there are companies out there willing to buy your home in its present shape and condition that will not always be the case. As a result, make sure you at least consider what potential repairs and/or restorations you will need to make before putting the home on the market. By doing this, you lessen the chances of your home sitting on the market for a long stretch of time. Lastly, be sure to check to see if your home is up to speed on all the necessary codes etc. for your area. This includes checking things such as the electrical wiring and more. The last thing you want or need is finding out your home is chock-full of safety violations, causing you to spend money to get them fixed.
Spread the Word as Much as Possible
- Messaging – While many homeowners rely on real estate agents and local media (newspaper, trade magazines etc.) to try and sell their homes, social media is great too. If you have a Facebook, Twitter, perhaps even Instagram account, use them to promote your home sale. Just as professionals use social networks to market their products and services, you should too. Use the previously mentioned sites to advertise your home being up for sale. There are even community real estate groups online where you can become an active participating. In doing so, the word spreads more quickly that your home is available;
- Destination – Finally, although it may sound a little strange, are you sure you know where you are headed? One of the pitfalls of selling a home is that the seller thinks he or she has their new home ready to go, only to find out otherwise. Unless you want the possibility of staying in a hotel or with family/friends for weeks or longer, make sure your new residence will be ready to go. You don’t want to have a good deal on your current home pass you by because you couldn’t get out of the house in time.
If unloading your current home is on the table for 2017, are you truly prepared to sell?