As a homeowner, relocating quickly can be a huge cause for concern. Selling a home is notoriously regarded as a long and complicated process. However, if you need to sell your home fast, there are a number of things you can do to get a great price for it, even within a tight time frame.
We’ve taken a look at 5 top tips that are sure to see your house sold in no time:
Have your home ready to go
If you want to sell up and move out fast, you have to be ready to go at the drop of a hat. Try to arrange as much as you can before you list your home, so that by the time buyers start calling to arrange visits, you’ll be ready for them. Start by decluttering, cleaning and removing personal items into rented storage space. It’s a good idea to take your pets elsewhere too, as a pet-free home is always more appealing to the buyer.
A lick of paint is also a good idea and it’s well worth staging each and every room, showing off the best your home has to offer. Remember to let in as much light as possible and keep themes neutral, allowing the buyer’s imagination to run wild. Create a welcoming, homey atmosphere and be sure to enhance your curb appeal as much as you can, creating a great impression from the start.
Create a superb listing
With your home in tip-top condition, your price worked out and the ideal moment to sell now approaching, it’s time to create a top-class listing. It can be tempting to scrimp and save here by trying to do it yourself, but unless you have the best tools at your disposal, it’s worth having it done professionally by using a REALTOR®. They have the best knowledge of all the tools of the trade. Probably the most powerful tool they utilize is the Multiple Listing Service (MLS®).
MLS® a great way to ensure exposure across a variety of platforms to as many potential buyers as possible.
Use professional photography services to capture the heart of your home and maybe use drone footage to showcase those hard-to-reach areas, proving you’ve got nothing to hide. A 3D tour is also a great idea and allows buyers to get excited about your home before they’ve even stepped foot inside.
If you choose to go it alone, be sure to list your property on a variety of online and offline platforms alike. State clearly that your home is open to be visited any time and be sure you can honour that promise!
Be sure the price is right
Buyers prefer houses that are fresh on the market rather than homes that have been listed for weeks on end. The key to making sure your home doesn’t end up in the latter category is to nail your pricing. Again, thorough research will enable you to come up with a fair, competitive price for your home.
Ask your REALTOR® to provide you with a CMA (comparative market analysis), a report that details the recent list and sales prices for similar homes in your neighborhood. This should give you an accurate price range for the value of your home. Be competitive and understand that buyers have access to the same resources.
It might be best to choose a price at the mid to low end of the range in order to attract more buyers. Try to avoid the temptation of pricing high, with the aim of negotiating down if necessary, as this can put buyers off and cost you time. If you price your home right, you may even end up with multiple offers.
Hire a professional
A good REALTOR® who knows your local market and has had recent success in your area is worth their weight in gold, especially when you’re looking to sell quickly. Not only do they know the local market inside out, but they also have access to promotional tools and analytical data that can prove invaluable.
They can ensure you list your home at the right time, and for the right price, and the best ones will carry out everything from staging and photography to listings and open houses. Additionally, a professional REALTOR® will be able to speed through the paperwork and legalities and will have the required contacts to get things done fast.
Timing is crucial
Real estate transactions are typically fairly seasonal. It depends on your exact location, but generally spring (March to May) is a good time to start selling. However, this is just a general rule of thumb and it’s well worth researching sales patterns in your local area. Needless to say, the current pandemic has temporarily changed the market this year. Your REALTOR® will have the best idea of how to proceed during this time.
Take a look at sales records and figures, or ask your REALTOR® to do so. There will nearly always be noticeable trends at certain periods of the year. A good agent may even be able to pinpoint the best weeks and even days of the week in which to list your property for a fast sale.
Essentially, if you wish to sell your home fast, you may have to pay a little more to ensure that what you’re offering is suitably attractive to buyers. Just be sure to interview and research various REALTORS® until you find the right fit for you.
Once all of these elements come together, you should be able to sell your home with as little stress as possible and move on to your new home.