If you are looking to sell your home, you will want to sell it as soon as possible. Whether you are moving away because of job opportunities elsewhere or you have a new home somewhere else, it is fundamental you build some interest in your house, to begin with. The more interest you build, the higher your possibility of selling it quickly, and at a great price. No matter the reason why you are looking to sell your home, here are essential tips that would make the sale much faster.
Find a Top Real Estate Agent
The first step to take in selling your home is getting the right real estate agent. You should be in search of an ideal person that knows the ins and outs of the local market and has a great sales record. Note that the seller is in charge of paying the fees for both agents — buyer and seller. To obtain the services of an agent, you will likely be charged a selling commission of 2% to 4% of the final selling price. The real estate agent will be responsible for the entire operation.
Set a Competitive Price
For whatever reason you might be looking to sell your house, you have to compare the price you set with the price of other homes that are on sale. You cannot change the location of your home but you can change the price. Depending on the present nature of the market, it is best to set a competitive price for your house to speed up the process.
Tidy the Home
Nothing will send buyers in the opposite direction faster than a dirty house. If the house is too cluttered for you to clean it up yourself, hire a cleaning company. Buyers need to get a complete image of the space, but they cannot do that if your house is messy. You can even have your home staged if you wish to convey the full picture to buyers.
Depersonalise
To do this, you need to take out all valuables and memorabilia belonging to you or a family member. Potential buyers will like to visualise the space with their families in other, not yours. It’s also best to remove religious or political artefacts and items. You can replace them with neutral art.
Look to a Wholesaler
People don’t know this but most real estate transactions that take place are finalised using cash. This removes the traditional obstacles of underwriting and takes banks out of the picture. However, wholesalers serve as middlemen for your home and make the process a lot faster. Companies like Avante Homebuyers are an option to consider when trying to sell your home.
Spice Up the Deal
Buyers like financial incentives, and if there’s no time on your hands, think of ways to improve your offer. Examples include:
- Taking care of all final costs
- Agreeing to home surveys
- Accepting to take responsibility for items of concern to potential buyers
- Providing a home warranty
Selling your home could be a challenge — even more so when you are on a strict deadline. Fortunately for you, for whatever reason you are looking to move out and sell your home, these tips will speed up the process.
Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.
