Homeownership is a sign of success in many communities across the globe. This reason makes the real estate industry an essential sector of the economy, as different players in the market make transactions in a bid to become homeowners. It is projected that by the end of this year, 2020, the number of homes sold in the U.S will hit 6.12 million. Note that this is a representation of what is happening across the globe. The number of players, both buyers, and sellers in this market, is growing. New challenges and opportunities are at the same time presenting themselves.
Selling a home is not a flawless journey, both emotionally and practically. However, if you can find ways that can help you find a buyer for your house fast, things will be much better. Here is what you need to do to sell your home as fast as possible and for a fantastic price.
1. Do not walk alone
There is more to selling a home than meets the eye. There is a lot that you are not aware of about this industry, and this might put you at a disadvantage when trying to sell your home. Partnering with a real estate brokerage firm like Movoto and professional real estate agents will make the process a success. Such partners will not only help you market your home, but they will also give you insights into the market that will help you secure the best price for your home. They will also help you understand the contracts and avoid a situation where you might be taken advantage of by the buying party.
2. Price your property right
The one mistake that most home sellers make is overpricing their property. Note that buyers do their homework before they approach you. They have a clue about the pricing of homes in your neighborhood, and just by looking at your house, they can tell how much it should be priced at. If you go beyond this, you will turn off the buyers.
An excellent real estate agent can help you with the valuation of your property and guide you in coming up with a reasonable price for the home. If you are looking to get a certain amount of cash from the sale of your home, make your home worth the amount.
3. Inspect and fix the house
If you don’t want your home to overstay in the listing, you should do inspection and repairs before listing or staging it. The first experience that the buyers have with your home is critical. Creating a positive experience is paramount if you want your home to get off the market fast. The last thing buyers want is to buy a home that will take so much of their time to do repairs. The experience will be positive if the buyer feels that they can move in immediately.
It is also worth noting that there is no way you are escaping repair. If you fail to repair the house, you will be forced to lower the house’s cost to compensate the buyer for the repair costs he will incur. Alternatively, you will have to credit money back to the buyer.
Invest in a professional inspection, and you will not regret it. Most of these repairs will be inexpensive and will give the buyer a good first impression. The areas you should be looking out for include leaking faucets, peeled paint, stained ceiling, cracked windows. By fixing these areas, you will eliminate drawbacks to a smooth sale.
4. Get rid of clutter
If you don’t have enough storage to keep the clutter, you can consider options such as hiring a dumpster on the staging day. If you don’t give the buyer the opportunity to picture themselves in the house, they are less likely to be convinced to buy it. Clutter can be distracting and can distract the buyer from noticing the fantastic features of your home.
Also, no matter how well organized your clutter is, it will make your home look smaller: home buyers value the size of a home. Therefore, you do not want them to have a wrong estimation of the space available. During staging, remove personal items such as pictures and other artwork to allow them to visualize themselves in the space.
Decluttering will involve doing a thorough cleaning of the space. Buyers will feel more comfortable in a pristine house. More so, this will make the home even more aesthetically appealing. Roofing tiles tend to stain after a while, and they can make the house look dull and old. You can call professional cleaners to give it a glow up.
Selling a home can be stressful, especially if it is taking too long to get off the market. Use the tips above to impress your buyers and sell your home faster.