10 Useful Real Estate Tips for Selling Your House Quickly
Are you thinking about selling your house? In a sellers market (lower than normal inventory levels), you could see a windfall. In a buyers market (more inventory than normal levels) you may face challenges if your home is not in great shape, in an ideal locale, or market priced.
So, how do you put yourself in the best possible position to sell your home quickly regardless of the market?
In this article, you will find a list of simple real estate tips to help you do just that...sell your house quickly! They will range from cleaning and decluttering your house, setting an attractive price, and investing in minor repairs to hiring a professional photographer. There are even a few tips to keep your mental state in balance. Check them out!
Educate yourself on the topic
If you want to know what you are doing, understand what others are doing on your behalf, or just have a thirst for knowledge, you should always research the topic and educate yourself.
To absorb that knowledge effectively, you might want to start taking notes and bookmarking the websites with the most valuable pieces of information. It might not seem like it, but it is a very easy way to retain information for a very long time.
For instance, if you wanted local information you would seek out a local real estate professional. If you are selling a multifamily property, you might want to take a look at real estate websites listing what you need to know about selling a multifamily property.
Do not stress yourself out
Keep in mind that selling your house is not the end of the world. Yes, it is important, perhaps one one of the most important decisions you will make, but that does not mean it needs to be overly stressful.
It might take time, but as long as you keep persisting, things will eventually work themselves out. If other issues arise, you deal with those as they develop. If something goes drastically wrong, stop immediately to re-assess.
Understanding "things are going to happen" gives you a leg-up for when they actually occur. How you manage that stress helps set the tone for the rest of the selling process.
Take care of the inside of your house
Yes, first impressions matter. While having the outside of your home look presentable is helpful, there is no substitute for making sure the inside of your property is in good condition. Remember the impression your property gives to prospective buyers can be one of the determining factors in their decision.
You must make sure that the house looks attractive and comfortable in every way possible. In order to do that, start by cleaning, including decluttering, every room. As you go through each space remember to remove or replace broken, unused, or personal items. Paint if necessary and replace broken or poorly maintained appliances.
These are just a handful of things you can do. Check out this resource on first-time home seller tips for more great advice!
Hire a professional photographer
If you want potential buyers to pay attention to your property listing, you should consider hiring a professional photographer. They will take pictures that capture the very best features of your house, will ensure the lighting is correct, and will avoid those awkward and cringe-worthy photos we have all seen.
Online photos are often the very first glimpse of your home many buyers will see. You do not want it to be their last so make sure the home's photos show your property in its very best light.
Set an attractive price
One of the first things that will attract or repel new buyers is the price of your home. They want a bargain or to at least not have to overpay for a home.
While the vast majority of sellers want to maximize their return on investment, if you set a a fair and attractive price based on the local market conditions, you have the best opportunity to potentially sell your home quickly.
If your home has not received an offer in a competitive market in 2-3 weeks, you need to discuss with your agent if the price is holding prospective buyers back. Sometimes small adjustments can have big rewards!
Whether you are a first-time home seller or a seasoned veteran of many sales, right pricing your home is one of the key factors to a quick sale.
Research local agents
If you are familiar with the area and have personal references, by all means utilize your network to help you locate a local agent. You should still do your homework to determine if they are a good fit for your needs, but having referrals from trusted sources can make the process easier.
For everyone else, you should research local agents online and/or other avenues, then interview as many as is necessary to find the right fit. Check out their websites, their social media accounts, and their online reviews to make sure their values and experience track with what you are seeking.
Specifically, what should you be looking for? Anything that moves your hiring barometer for or against using the agent. Only you know what that list entails, but when in doubt, your first instinct is often a good gauge.
Perform minor repairs
Minor repairs are another thing that you should consider taking care of before selling your house. There are many tasks you can easily and cheaply DIY, while others may be beyond your capabilities. If funds are available, consider hiring a handyman to complete several projects concurrently.
Make a list of each thing and discuss their impact on salability with your agent. This will help you prioritize what needs to be resolved now, what is worth negotiating with buyers, and what can be deferred.
Put personal items out of sight
If you do not want others to view, touch, break, or possibly take your items, it is always best to place personal items out of sight before you allow potential buyers to view your house. If you have risque, socially unacceptable, or highly personal items like photographs, memorabilia, or diplomas, it is advisable to make those things scarce.
You want buyers visualizing their things in the home not remembering your clown collection or hunting prowess. De-personalize and eliminate the risk of offending or distracting.
Know the types of buyers who will want your home
Remember a previous step about doing your homework? Having an understanding of your local market, and the types of buyers you may attract, can be vital to securing a fast offer on your home.
Is your home in an area buyers are looking to move into? How are the schools? Crime? Are you competing with new construction, foreclosures, or neighbors for buyer attention? Is this area or your home in need of some TLC...some buyers relish a project while others will run away. Which are you going to attract?
Need help figuring this out? The agent you hired to help you sell your home can clue you in on many of these details. Have you asked?
Create an inviting atmosphere
If you have followed the tips above, adding your own to the list as you go, your home should be nearly ready to start showing buyers. A clean smelling home is always more inviting to buyers than one with a strong or foul odor so complete the home selling preparation process by having a clean house.
While aroma candles or plug-ins can help, do not overdo it as the fragrance could be an unnecessary distraction for some buyers. Some swear by baking cookies or bread...use at your discretion.
The same goes for incense, lemons, cinnamon, or other home-grown options. Use sparingly or avoid their use.
Final Tips for Selling Your Home Fast
If you want to sell your house fast, then you need to do some prep work. You should ensure that the inside of your house is clean and that its price is attractive, among other things.
Do not forget about making your property listing look nice! You should include pictures of your house that were taken by a professional, time your sale right, and do your research when it comes to local real estate agents!
Furthermore, ensure that the listing features a detailed description of your property. The description should not contain spelling errors, and it should be written in a formal style. A great description can really work wonders when it comes to selling real estate!
Best wishes for a quick and uneventful home sale!