If you’re like most homeowners, you’ve probably heard the expression, “sell my home fast.”
Selling your home quickly is a top priority for many homeowners, especially when life changes necessitate quick action. Luckily, there are some simple strategies to speed up the process.
1. Price it right
One of the most important parts of selling your home is to price it right. Pricing your home correctly will allow you to get the best offers and sell it quickly.
When pricing your home, you must consider what other homes are currently selling for in your area. You can do this by looking at listings on Trulia or researching similar homes (known as “comps”) in your neighborhood.
A good real estate agent will help you decide on a listing price that is both realistic and affordable for buyers in your area. They will also make sure to market your house well and take photos that make it look move-in ready. They will also have connections that will help you find a buyer and move the transaction through faster than you would on your own.
2. Market it well
When it comes to marketing your home, you want it to stand out from the crowd. Luckily, there are many ways to do just that, from a gorgeous listing photo to an interactive floorplan and a snazzy Trulia landing page. Using the right tools can be the difference between a slow and steady sale and a bidding war that keeps your house on the market for days on end.
If you’re selling a home that gets its water from a private well, you’ll want to be sure to have a thorough understanding of the well’s capabilities. This includes knowing its name and how it works, but also making sure you have a copy of the well’s log and current test results. Those are important because they will help you understand the performance of the well and whether it can be refurbished to make it a fit for a modern family.
3. Get a professional stager
Home staging is one of the most effective ways to increase your property’s value and attract potential buyers. It involves decluttering, reorganizing and sprucing up the rooms that most buyers look at first when touring a house.
A stager knows what buyers are looking for and will help to accentuate the most sellable features while downplaying any not-so-good areas. This can increase your home’s sale price and shorten the time it takes to sell.
Staging costs a little money, but it’s usually worth it. According to a 2021 survey by RESA, professionally staged homes sold for an average of $40,000 over their listed price.
4. Set a deadline for offers
Setting a deadline for offers can be a good strategy in a competitive real estate market. It helps buyers feel like their offer is important to the seller and gives them time to see other properties on the market before making their best offer.
When deciding to set an offer review date, it’s important to consider market conditions, competition and pricing of the home. It may be beneficial to establish an offer deadline for a high-demand home, but it can backfire on overpriced homes or during a seasonal lull in demand, Swasey says.
If you want to sell your home fast, it’s important to set a deadline that’s a few days before the listing date to maximize exposure and keep buyers from feeling rushed. It also allows you to review all offers and choose the one that you’re most comfortable with.
5. Make repairs
If you want to sell your home quickly, you’ll need to make some repairs. These minor renovations will boost the appeal of your property and attract more potential buyers.
Pricing your home correctly is also key to getting the most out of it. Your realtor will research comparable homes in your area (known as “comps”) to determine a fair price that will sell quickly and attract offers.
Before you start looking for a new home, make a list of your priorities. This will help you narrow down your search and eliminate houses that aren’t right for you. It will also help you understand whether a house makes sense financially and how it will fit into your lifestyle. If you’re ready to buy, be sure to have a clear financial plan in place before you begin the process.
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