Selling a home can be challenging, especially when you’re pressed for time. Nevertheless, selling it quickly allows you to move on without worrying about keeping it in perfect condition for when a new prospective buyer comes for a tour. While selling a house quickly isn’t easy, you can employ various techniques and tricks to boost marketability, attract reasonable offers, and lessen the time it remains in the market. Here’s how you can sell your house fast.
1. Consider home staging
Home staging is about styling your house for sale to achieve the best price and attract quality buyers within a short period. It showcases your home’s best features and hides its flaws to create an excellent impression on buyers, forcing them to imagine themselves in that space. Professional home staging improves your property photos on listings to attract more interest and spark competition among prospective buyers, resulting in a quick sale for a higher price.
When styling your home, focus on the rooms that matter more to buyers, including the kitchen, living room, master bedroom, and dining area. When staging your home, patch and repair everything that might seem neglectful to buyers, use neutral colors because they appeal to more people, accessorize your space and focus on making a great first impression. The level of staging suitable for your home depends on your budget and time.
2. Establish a selling strategy
To sell a house fast, create a strategy to guide the selling process. You can use the sale by owner (FSBO) technique or hire an agent. While selling your home through the FSBO may appeal to you since you won’t pay real estate agent commission, you have control over your listing and showing schedule, the process isn’t easy. You have to do everything yourself, including preparing your home for sale, listing it, marketing, hiring a real estate lawyer, and more.
Alternatively, you can hire a real estate agent. Collaborating with a real estate agent can help sell your house quickly because their market knowledge is extensive, they have excellent negotiating skills and marketing techniques. They have access to large networks to get your property exposed to a large pool of prospective buyers. The right real estate agent can sift out unqualified buyers to avoid wasting time on them, ensuring a quick sale.
3. Accept a cash offer
A cash offer involves a sale where the potential buyer offers the seller the entire house’s cost without financing like loans or mortgages. They pay in cash. Selling your home to cash buyers is quick because you can sell the house as-is, meaning you don’t have to waste time and money on repairs and remodels. A cash sale doesn’t involve appraisals, and they take less time to close. The selling process moves much faster since you have to pass on inspections, marketing, showings, and home inspections. There are also no paperwork piles involved, relieving stress.
4. Price your house right
Pricing your home right attracts more potential buyers and prompts them to take action. Overpricing may result in an extended period in the market, so price competitively to speed up the selling process. To price your home to sell, look at similar listed homes within your locality and compare while focusing on the availability of freeways, major streets, railways, and more.
Compare recently sold homes and consider pricing for a bidding war to increase the price later. Conduct independent research to determine the current market conditions then price accordingly.
5. Declutter, clean, and depersonalize
For buyers to picture themselves in your space, it should be clean, depersonalized, and decluttered. Start by getting rid of the things you don’t need or no longer use, then organize the rest. Give the house a thorough clean or hire a professional cleaning service to ensure every nook and cranny of your home is spotless. To depersonalize your space, put away personal items and remove any trace of personal hobbies. Use neutral colors to paint bright accent walls and remove furniture and other accessories of a specific taste.
6. Leverage the seller’s market
A seller’s market occurs when demand exceeds supply, meaning there will be more interested buyers than the market can handle. These market conditions imply that buyers don’t have negotiating power and are more inclined to accept the property as-is. Thanks to housing shortages, bidding wars arise among potential buyers, causing them to make competing offers that may end up getting the seller more than they asked for.
The seller’s market creates an excellent opportunity for homes to sell faster and at higher prices. To make yourself competitive in a seller’s market, clean and organize your house and price it reasonably. Ensure the buyers who need financing have already been pre-approved for a loan and be careful with contingencies.
7. Improve curb appeal
Making a good first impression is essential to selling your house fast. Consider cleaning your outdoors, mowing the lawn, planting flowers, repainting the front door, and fixing broken light fixtures. Improving curb appeal will attract potential buyers, increase your property’s worth and make it sell quicker.
8. Make some quick repairs
Since you don’t have much time for major renovations, conduct quick repairs addressing the issues that can put off potential buyers. Consider repainting your home, tightening leaky faucets, fixing loose tiles, tightening or replacing door knobs, and removing carpet stains. Replace broken panes and windows and repair loose railings. Do simple updates in your kitchen and bathroom. Inspect your house to identify the fixes you should make.
9. Engage a professional photographer
When adding your house to property listings, you need professionally done, high-quality images to attract more attention from potential buyers, making it sell faster. Hiring a professional real estate photographer will help you get photos that significantly impact prospective buyers. Consider whether your photographer provides 3D virtual house tours to include them in your listing.
10. Write an exceptional listing description
A listing description can help sell your house quicker, especially when using the sale by owner technique. A listing description that sells should use effective keywords to highlight your home’s best features, including your neighborhood’s unique features and a sense of urgency. If you’re relying on a real estate agent, they’ll write it for you.
Endnote
Regardless of the reason, selling a house fast can be daunting. Create a home-selling checklist and use these tips to sell your home quickly.
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Founder & Editor-in-Chief of Pinstripe Magazine. Creative thinker and menswear designer who has been writing articles dedicated to men’s fashion, lifestyle, luxury items, home design, gear, grooming and gadgets since 1998. For info on PinstripeMag, any editorial needs or to contact me please email at marv@pinstripemag.com.
