Ask any realtor and they'll tell you: houses that sell within the
first five weeks of their listing are most likely to fetch their asking price.
The longer your house lingers on the real estate listings, the more pressure
you'll feel to knock the price down - and the less likely it is to sell without
some incentives from you, the home seller. Even if you don't have to sell
your house fast, it's the best way of getting the price that you want for
it. Put your home sale on the fast track with these tips and tricks from
professional Realtors.
Find a Realtor
Your best option for selling quickly is to give the job to a
professional, and let their experience guide you. A realtor knows all the ins
and outs, as well as what selling strategies work best in your area. They can
help you set the right selling price for your property (which is the second most
commonly offered piece of advice to help your home sell quickly), offer concrete
suggestions for improving the chances of a sale, hook your home into the
Multiple Listing Service, and guide you through every step of the selling
process.
Choose your Realtor carefully, and accept their advice. He or she
knows what will sell your house. A good Realtor will suggest most of the
house sell tips listed below - tips that you can follow with or without the help
of a realtor.
Set The Right Price
Every Realtor asked said that the most important factor in selling
a home quickly was to price it right. Further, the most common mistake sellers
make is pricing too high. Experienced real estate agents strongly suggest
starting from the average price in your area and working from there, rather than
starting with your desired net gain. Your best gauge to determine the right
selling price for your home is the recent selling prices of similar homes in
your neighborhood. Your realtor is the best source of those prices - they have
insider access, after all.
If you're not using a real estate agent, you can still check
recent sales listings through online home valuation service, your local registry of deeds,
and other sources. Figure in the condition of your house, additions or special
circumstances, but don't expect to sell for much more than the average price in
your neighborhood.
Prepare Your Property BEFORE Listing It
There are a number of things you can do to make your property more
appealing, and they should be done before you start showing it - and this is
called home staging. 'Staging' has been known to make home sell
faster. The key is being sure that your house looks its very best from the
start. Now is the time to make needed repairs. If it needs sprucing up, get that
done first. Fresh paint, trimmed bushes, mowed lawns and immaculate cleanliness
are all important factors in making your home attractive and saleable.
After Listing, Keep The House Immaculate
Be ready to show the house at a moment's notice. Make sure you
pack up the junk and rent a storage unit as clutter and junk will erode the
potential equity your house will bring. If there are too much 'junk' in a room
it makes the room look smaller and distracts the buyer's attention. Perform a
thorough house cleaning. Make the windows shine and wipe down the baseboards.
Keep the sink empty and wiped, and make sure that the bathroom and kitchen are
spotless. Don't forget to eradicate unpleasant odors. It's important that your
house should look as close to move-in condition as possible - all the time!
Fade Into The Background
When the house is being shown, be as unobtrusive as possible. If
you've contracted with a Realtor let him or her do the selling. If you're doing
the selling yourself, be available to answer questions and conduct a brief tour
- but give the prospective buyers plenty of 'alone time' to explore and kick the
tires.
Offer Incentives To Make The Asking Price More
Attractive
Got a buyer that just loves the house, but needs a little extra
boost to make the commitment? There are a number of incentives you can offer as
an alternative to lowering your asking price. This is another place that a good
realtor can make valuable suggestions based on their own experience. An offer to
cover buyer closing costs, for instance, can bring the up-front
expenses of buying your home into range for a first-time buyer struggling to
meet a down payment, points and closing costs (read the tips to sell your house in a cooling market here).
Other common incentives include a 'decorating allowance' or
including household items and appliances in the purchase price.
Take Advantage Of Employer Help If It's Available
If you're relocating for work, check your company's relocation
assistance plan. Some may cover the cost of long-distance selling, or even
purchase the home and resell it, depending on the circumstances.
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