Finding a buyer as quickly as possible is always one of the top objectives for homeowners who are trying to sell their homes. Your ability to sell your home fast will influence your carrying cost during the period it is on the market and the level of stress you have to endure to sell the home. But with so many homes being listed on the market every day, what can you do to sell your home fast? The following five steps will improve the probability of finding a buyer for your home fast.
Fix Your Home
If you want your home to sell fast, you should ensure that potential buyers will not be burdened with expensive repairs after they buy the property, suggests Dawson Management. There is no perfect home in the market; even new construction homes will have some issues. But most buyers are not looking for a perfect home. They are more concerned about the type of issues in the home and the cost of fixing them. If you want to impress buyers with the physical condition of your home, do the following:
- Do a pre-listing inspection
This will give you a true picture of the condition of the property. It will guide you on the most important repairs to do. Furthermore, buyers will appreciate the transparency it brings into negotiations.
- Carry out strategic repairs
Fix all structural issues and those problems that have a huge impact on the appearance of the property.
Set A Competetive Price
One of the best ways to sell your home fast is to set the right price for the property. As a seller, you will naturally want to make as much money as you can from the sale. But you must carefully consider the pros and cons of trying to sell at the highest price possible versus slightly reducing your price to find a buyer faster.
If your price is too high, you will scare buyers away and you may be forced to lower the price. However, if you set your asking price a little below the value of comparable homes in the area, you can attract more attention and increase the probability of selling your home fast. Even if you appear to lose money by doing this, you will reduce your carrying costs. This is a part of the “strategic pricing strategy” that your North Carolina Real Estate Agent should be using.
Sell At The Right Time
The time of the year you decide to sell your home impacts your ability to sell your home fast. Trends in the real estate market are constantly changing while the demand for houses fluctuates throughout the year. The overall best time to sell your home is in May. That’s because homes sales slowly start to pick until it peaks in May and decline as fall approaches. Although you can find a buyer for your property in December, it will be far more difficult.
Also, you may not get a good price for the home as there will be fewer buyers and competition will be much lower. To sell your home fast, sell it when there are a lot of buyers.
Make A Good First Impression
The impression buyers get the first time they view your home can make or break your efforts to sell your home fast. In today’s real estate market, the buyer’s initial contact with your property will probably be via the internet.
The defining qualities of online shoppers are that they have an array of choices and very short attention spans. The implication of this is your property has to stand out to make an impression on buyers. Moreover, it must be able to grab the buyer’s attention in the first split seconds of the interaction. How can you make your home do this?
- Declutter and depersonalize the home.
- Put a fresh coat of paint on the interior and exteriors walls.
- Fix broken light fixtures or switches and improve lighting inside the home.
- Get rid of clunky furniture and dingy old window dressing.
- Keep the lawn manicured and the rest of your outdoor areas clean and tidy.
- If you want to make a huge impression, go the extra mile and stage your home. Staging the house will do all of the above and more.
Find A Good Real Estate Agent
A North Carolina Real Estate Agent who knows their stuff can expedite the sale of your home by granting you access to their networks and offering you the advantage of their systems and experience. This should be one of the first things you do.
A competent real estate agent can help you set the right price for your home and determine the best time to put it on the market. The agent can make your home sell faster by listing it on MLS sites and sharing it with their network of estate agents.
Moreover, they have well-honed marketing systems that help the property’s ads get maximum exposure. But these all depend on you finding the right agent. Before you hire an agent, be sure to do some background checks.