A few simple strategies can help you sell your home quickly and for a fair price. If possible, try to sell during your area’s best selling season. Work with a top real estate agent who has experience with fast sales.
Spruce up your home and get all the necessary documentation in order. Pricing your property accurately from day one is also key.
1. Price It Right
The speed at which you can sell your real estate property depends largely on how it’s priced. You don’t want to list it for less than it’s worth, but you also don’t want to price it so high that you scare off potential buyers.
A good real estate agent will be able to help you find the right balance. They’ll research comparable properties in your area and look at sales history to help you decide how much to list for. It’s important to get it right from the start, because homes that sit on the market for too long are more likely to lose value. That means you’ll end up selling for less money in the long run. It’s a vicious cycle that you can avoid with a little bit of research upfront.
2. Get Rid Of Clutter
Clutter is distracting and can make it difficult for buyers to see your home’s features. Having too much clutter can also make buyers question whether you’ve maintained your home well.
Decluttering before selling can feel overwhelming, but it’s one of the most important things you can do to sell your home faster. Rent a storage unit to store items you don’t need, and be ruthless about donating or throwing away items you no longer use.
Start with the kitchen and sort through drawers, cabinets, and closets. Keep in mind that buyers love to open cabinet doors, so you want them to look spacious and organized. Then move on to other rooms in your house, always viewing each room through the eyes of a buyer.
3. Staging Is Key
Staging is the process of making a space more appealing to potential buyers by decluttering, neutralizing and rearranging furniture. Staging can help home buyers imagine themselves living in a space, which can make it easier to sell a property.
According to the Real Estate Staging Association, homes that are staged before listing spend 73 percent less time on the market than non-staged properties. It can also increase the offering price.
Home staging can be expensive, however, especially if you need to rent furniture. A good real estate agent will often have a relationship with a stager and may be able to recommend one for you. If you can’t afford to hire a stager, consider focusing on the entryway, living room and kitchen, which are high-traffic areas.
4. Market Your Home
In a competitive market, the right marketing can help you sell your property faster. If you’re not sure where to start, ask your real estate agent for advice. They can also advise you on how to promote your home online, in print ads, or in social media.
You should also work on improving your curb appeal, so that potential buyers are immediately impressed when they drive up to the property. Mow the lawn, pull weeds, and do anything else that will make your home look its best. You should also consider hiring a professional photographer to take pictures of your house.
To attract more potential buyers, you should use videos to promote your property. These are extremely effective at showcasing your property’s features and highlighting its advantages over other homes on the market.
5. Get A Good Agent
Real estate agents can help you secure the best price within your timeframe and manage the selling process. They will oversee professional photography, write up a listing, schedule and host showings, and market your property to get it seen by buyers.
A good agent will also have a deep understanding of your local real estate market, explains Gordon. This will include knowing what properties have been selling for recently and how long they’ve remained on the market.
When choosing an agent, it’s important to go to open houses to meet them in person and see how they interact with customers. You want an agent who’s polite, friendly, and attentive to their clients. If they’re not, this could be a red flag that they may not be the right fit for you.