4 tips for selling your home quickly
Following a few key strategies can help you sell your home in the fastest and most efficient way possible
YOUR FIRST HOME might not be your last. As your life improves, you will have a good reason to relocate to a cozier neighborhood and a living space that accommodates your lifestyle and your growing family. Along with that thought comes the need to list your current home for sale.
Doing so would mean making sure you’re not only closing a deal for the best price. Your goal should also consist of selling your home within a realistic and advantageous timetable. Apart from price, timing is an important factor to keep in mind as you decide to list your home for sale.
Aside from starting the selling process in time for the buying season, which usually falls in early Spring, you should also find ways to sell your home quickly, especially if you have a self-imposed deadline for moving into your new home. You will want to take advantage of a market that favors sellers as well as keep your home from staying on the market for too long, affecting its sale. The following guide offers a few key pointers to help you sell on the double and make the most out of the negotiation:
1. Make Your Home Presentable from the Outside
Before listing, you will need to make sure your property stands out so it catches the attention of eager buyers, especially during home-selling season, when you will have to compete with numerous other sellers in your area. As much as possible, opt for curb appeal improvements months before starting the selling process. Your home may need to have its exterior walls repainted with a neutral color like white or beige.
The roof may have a few missing shingles and a damaged gutter, so a major repair could be in order. Moreover, pay attention to the front lawn. Trim down overgrown grass and branches, clean the walkway, and add features like a flower box or even a terrace to create an inviting appearance that would entice high-value offers within days of listing your home.
2. Aim for the Best Asking Price
As a homeowner, your selling goals must include getting the best return from the sale. If you’re on a tight deadline to sell your home, this shouldn’t cause you to undervalue the property by slapping on an asking price that’s too low. However, you can come up with a price that attracts motivated buyers without having to sell at a significant loss. For this, you will need to do a comparative analysis.
A realtor will help you with that by pulling out data on recently listed and sold properties around the neighborhood that match the age, size, and type of yours. This will give you a good view of the median price range through which you can set a balanced asking price that will help sell your home within just a few weeks.
3. Refurbish and Upgrade the Interior
You can reel buyers towards your property through curb appeal improvements and an enticing listing price, but if they don’t like what they see inside, then they’re less likely to proceed to the next step. It matters to refurbish the interior of your home, especially if you are weeks away from listing. Begin by decluttering and storing away personal items to create an atmosphere that lets buyers imagine what it feels like when they finally own it.
Go for a fresh coat of paint and stage your interior with the right amount of decoration. You should also consider repairing essential items through a licensed service provider. Hire a specialist in appliance repair in London, Ontario, or a professional HVAC company to help keep everything in good working order. In case any appliance is deemed outdated and inoperable, replace it with newer models.
4. Get Ready to Negotiate
A buyer may be impressed by what they see in your home and may even consider sealing the deal, but there’s always a good chance that they will negotiate for a lower final price and more favorable terms before sealing the deal. Even if you’re aiming to sell quickly, you shouldn’t agree to a low-ball offer.
There are options you can go for that will sell your home quickly without pushing yourself to a corner. For one, you can offer to pay a portion of the closing costs from your pocket. Also, work with your realtor in analyzing which contingencies to keep and remove that will get a buyer to proceed. A buyer may request too many, so declining becomes the most practical thing. In any case, don’t let your emotions and your sense of urgency take over.
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When done right, these tips should help you offload your property and allow you to transition to your new living space just in time. Make sure to follow them months before you start selling.