15 Strategies to Speed Up the Sale of Your Home
Spring and early summer are commonly seen as the best times to sell a house; however, the quickness of the sale and the final selling price can be affected by various factors beyond just the timing of the listing.
Key Takeaways
There are factors besides timing that impact how quickly a house is sold.
Having a sales plan is crucial whether the homeowner is selling the property independently or with the support of a real estate agent. Captivating photographs, video walk through, Drone video and photos and 3D Tour are a must. And that means that improving the appearance of the property can help homeowners sell their home more quickly.
Getting your house sold quickly is not just about progressing forward in life; there are other benefits. It also cuts down the duration for which you have to maintain your property which can be a headache. Just think, while you are selling you need to make your home presentable every day for potential buyers. It's like getting ready for a dinner party everyday
And while spring and early summer are typically considered the times to sell a house quickly and at a good price, there are various factors other than timing that can impact how swiftly and lucratively your property gets sold. Some you can control like the condition of your home and your price. Others are out your control, like interest rates, the economy, the location of your home and your floorplan. However, in order to put your best foot forward and shorten your time on the market,, here are 15 recommendations to help you sell your home faster.
1. Choose Your Selling Approach
Before you decide to advertise your property as available for purchase by placing a "for sale" sign on it, make sure to select the selling approach that aligns best with your preferences and needs.
Selling your home without an agent (FSBO method) could work well if you're confident in your marketing and bargaining abilities but doesn't ensure the fastest sale or the highest price per studies.
If you are wiling to take less than market value and just want to sell the home at a discount quickly then an iBuyer might be a good option to explore.
No matter what you choose, you should try to avoid changing tactics while your house is on the market. Buyers can see the history of your properties now a days. So, an overlong days on the market by choosing the wrong path can hurt your decision no matter what you choose.
2. Find the Right Real Estate Agent
Finding an appropriate real estate agent is crucial during the transaction process. When you're interviewing agents for the job role, make sure to carefully evaluate. As a Realtor with over 30 years of experience, we like to think that most Realtors will do a good job and give you the "full court press" of marketing and advertising. However, selling a house is like cooking. Two chefs can have the exact same recipe but the end results taste different. So additional factors like how you get along with your Realtor and how you wish to communicate them (phone, text, email) can be of importance. After all, your Realtor is going to be in your life for a month or longer. So the relationship and being communicated to the way you want is important.
3. Prepare Your Home
Having a dirty, smelly, or cluttered home can really put off people who are thinking about buying it. If you can't manage it on your own, you might want to think about hiring a cleaning service for a deep clean.
4. Declutter and Organize
When your house is up for sale, it's crucial to focus attention and declutter areas. In a house cleaning routine, you should focus on:
Kitchen counters and cabinets interiors
Floors and dusty corners
Shelves and bathroom fixtures like toilets and showers
Inner spaces of closets
Indoor and outdoor window surfaces
Walls with scuff marks
Baseboards and doors
The basement and garage spaces
5. Create a Neutral Space
Remove all the photos and sentimental items belonging to your family from display. When showcasing your home to buyers, encourage them to imagine it as their future family haven rather than viewing it as your own family's residence.
6. Let in Natural Light
Open all the curtains and blinds in lit rooms and turn on the lights to brighten up the space. Position other light sources strategically in a room lacking natural light.
7. Clean Windows
Having sparkling windows enhances the overall appearance of your space. Clean windows can make a significant difference in brightening up a home space.
8. Declutter Furniture
Oversized furniture can really make a home feel small and cramped. Consider renting a self-storage container or a storage unit to free up space by removing some furniture items.
9. Enhance Curb Appeal
The curb appeal of a property really matters. Sprucing up your entryway with fresh paint on the front door, modern house numbers, and landscaping can give your home's entrance a fresh look.
10. Paint for Freshness
Giving your home a paint job can enliven its look inside and out. Create a neutral color palette that enables prospective buyers to envision incorporating their unique personal touches into the area.
11. Make Small Updates
If your kitchen or bathrooms look outdated, consider making some small updates before putting your house on the market for sale.
12. Show Flexibility with Showings
Your house should be available for showings at various times, especially evenings or weekends, to attract more potential buyers.
13. Set a Reasonable Price
Avoid setting a very high price initially and then reducing it later as it may lead buyers to think there's something wrong with it.
14. Use High-Quality Photos
Hiring a photographer to display at least 30 photos of your house inside and out is a smart move to attract potential buyers' interest.
15. Utilize Virtual Tours and Videos
Engaging with video tours and virtual services offered by your agent can help potential buyers feel more acquainted with your property before seeing it in person. Gone are the days of using a slide show as a "virtual tour". You need a 3D walk through so Buyers can get a true sense of the flow of your floorplan. And a video to give a real perspective of your home without the enhancement of photoshop.