6 ways to sell your house quickly
Listing a property on the market and hoping for a smooth sale is a distant dream for most homeowners. This is because finding a qualified buyer, doing the paperwork, and finally handing over the keys can be daunting. However, if you look into all aspects of the sale, such as location, inventory, etc., beforehand, the entire process gets easier. So, if you are looking to sell your house, here are some vital tips.
Tips to Ease the Sale of Your House
Set a timeline
Setting a timeline for selling your house is the most important factor, as it can take a couple of months to an entire year depending on the local market conditions.
Create a checklist
There are some tasks that should be done before listing a house. Interview multiple real estate agents to check their expertise and sales history. Declutter or move excess furniture to a storage unit and schedule repairs, if needed, before hiring a real-estate agent. Deep cleaning is also necessary as it helps set a great first impression when prospective buyers visit the property. Staging the house and taking professional photos for advertisements gets the word going faster in the real estate market, and catches the attention of prospective buyers.
Pre-sale home inspection
Although optional, a pre-sale home inspection can be a wise upfront investment. Real estate experts suggest getting a pre-sale home inspection done before listing your house for sale. This will help in highlighting problem areas related to structural or mechanical issues that might hinder the sale. This will, further, help you set a realistic timeline for selling your house. Additionally, you can undertake these repairs in tandem with other home prepwork. This means that your house will be ready to sell as soon as it hits the market.
Hire an efficient real estate agent
An experienced real estate agent with an impressive sales history can help you sell your house quickly and at the best price. Ask around the neighborhood, or friends from the same locality, or look up online, for the best real estate agent. Shortlist the top profiles and sales history. After this, you can schedule an interview, and ask the relevant questions before signing the contract. Although most real estate agents charge a commission of 5 to 6 percent of the total sale price, they will save you the hassle of prepping your house and putting it out on the market.
Avoid needless upgrades
When investing money on upgrading your house, it is important to make sure that these changes have high ROI (return of investment). Invest on upgrades that buyers in the neighborhood expect. For instance, if local buyers are not looking for a granite countertop it is not advisable to install one and forego other essential upgrades, such as bathroom fittings. A new carpet and a spruced-up landscape are some low-cost ways to make a great first impression.
Set a realistic price
Setting a price without research is one of the common mistakes sellers make when listing their houses. It is important to set a reasonable price even if the house has undergone upgrades. Soaring prices in the name of upgrades can backfire, whereas undermining the value of your house might also lead to losses. Rely on your neighborhood comparables to find the right price for your house. Take a glance at the recent sale history of a couple of houses in the neighborhood to get a realistic margin.