In January 2021, a market summary showed that the average time a house remained on the market was 76 days.
Many homeowners don’t have time to wait months for their homes to sell. Whether due to job relocation, financial issues, the purchase of a new home, or an emergency, some homes need to sell fast.
Whatever your reason for selling, there are options to speed up the process, even in a slow market. Read on for 5 helpful tips on selling a home quickly.
1. Selling a Home Quickly with an Agent
If you want to sell your home fast, the first step is to hire a real estate agent.
It’s essential to hire someone with a successful sales record and who knows the local market. Do some research. Shop around until you find someone who has the knowledge and resources to sell your home quickly.
The right agent will help you will everything to ensure the process is speedy. They will hire professional photographers, write a listing that sells, schedule and host showings, and will market your property to sell.
2. Price Your House to Sell
One of the most successful ways to sell your home quickly is to price it competitively.
Research comparable homes in your area and set a realistic price. If you need to sell your home in a slow market, consider pricing it lower than market value. This will spark interest and may even start a bidding war.
Keep in mind the price points that buyers search for in your area. For example, if you list your home for $305,000 you will miss out on the potential buyers who are searching for homes for $300,000 and under.
3. Clean and Stage
Buyers need to be able to picture themselves in a space they will enjoy, and they won’t be able to if your house is a wreck.
Clean your house from top to bottom. Get rid of clutter, excess furniture, and any personal items or pictures. Make your house an open, clean, and inviting space.
After cleaning, consider hiring a stager.
Staging your home will impress potential buyers and will help you to sell your house faster. The National Association of Realtors estimated that staged homes sell 88% faster than non-staged homes.
4. Sweeten the Pot
Another way to make a home more attractive is to offer something extra to a potential buyer.
An example might be to offer to pay for all or most of the closing costs. You could also present the potential buyer with a transferable home warranty. The buyer would feel that they are saving money and that their potential home would be protected.
Especially in a down market, people are looking for a deal. Do your best to make them feel they are getting one.
5. Sell For Cash
One of the easiest options for selling a home quickly is to sell your house for cash.
If you need to sell your home immediately, there are companies that will buy your house to then sell later on the market. A property specialist will make you an offer right away and closing can occur in a matter of weeks. You won’t need to hire a real estate agent, clean your home, or make any repairs.
The Bottom Line
Selling a home quickly doesn’t have to be difficult.
With the use of a few simple strategies you will be well on your way to selling your home, and selling it fast.
If you enjoyed this article, check out our lifestyle section for more helpful tips.
