4 Secrets to Selling a Home Quickly
Updated: Feb 25, 2020
When it's time to sell a primary residence or an income property it's best to sell it quickly and I'm going to highlight a few secrets that can help you do that. If you are selling an income property it is most likely vacant or it will be vacant soon because tenants don't want the hassle of living in a house that's for sale. If you are selling your primary residence and your moving date is already set it's probably crucial that you sell your home quickly and these tips can help you a great deal.
Fix Major Problems First
If you want to sell ASAP, fix any major problems with the house first. If you don’t, you’ll risk having it sit on the market for much longer, and you may have to end up doing it anyway. Take a look at your house as if you were a potential buyer. Is there anything that you notice that might cause you to move onto a different place? If it has a leaky roof and the owner wasn’t planning on repairing it before you move in, would you want to buy it?
Have a Plan
Before your home is put onto the market, set out your expectations, non-negotiables and so on with a well laid out plan. What’s the lowest price you can afford to take on your home? How many days can you live in a hotel if the buyers need to move in sooner than you can leave? How will you make sure your house is always in show-ready condition? If you and all your family members know these things ahead of time, it can save you from making a bad decision in the heat of the moment. A well thought out plan can also save you time and money when it comes to negotiating offers on your home.
Stage Your Home
If you stage your home, it can make a big difference in the selling price and just how quickly it sells. Real estate agents who work with buyers say that buyers are willing to offer more money for a home that’s been staged as compared to a similar home that isn't staged. If you have a good eye for decorating you may be able to do it on your own, otherwise, you might want to consider the relatively minimal expense of staging compared to a quicker sale and potentially higher selling price that you could gain by hiring a staging expert. You could also ask some friends who have well decorated homes to come over and help you stage your home. Your real estate agent should also be able to give you tips on how to showcase all the rooms in your property so that buyers can see the potential. The most important task of staging is to clear out the clutter so that the space looks bigger and buyers will be able to picture their own belongings in the home. Packing up personal photos, excess toys and all clothing and belongings that you aren't using at the moment can help clean up your space. Pre-packing some things will also help you get a jump start on moving for when your home does sell.
Consider Lowering Your Price
While it’s definitely not an easy thing to accept, if your home isn’t selling, it may simply be priced too high. That often happens when it’s a buyer’s market, so reducing the price tag may be the best option to get more potential buyers through the door and get the “sold” sign up. If you or your real estate agent haven’t already done so, be sure to have a comparative market analysis done to get a better idea as to what your home should be priced at.
If you need to put your house on the market among the Nashville homes for sale, or in any other U.S. city these secrets to selling quickly can help you accomplish your goal with speed.
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