Planning on selling your home? Read these home selling tips first!
Selling your home is rarely smooth sailing. There are many real estate aspects to consider from touching up your home, taking good real estate photography, hiring an even better real estate agent, and signing all the intensive paperwork. These are to name a few. On top of all of that, nothing guarantees you that your home will sell fast (or at all). This is why you should check out these home selling tips from the pros to help you out.
Take Care of Quick Repairs
One of the first things you should take care of if you want to sell your home is to listen to the advice from the pros to take care of any quick repairs. Since you will not have ample time for any major renovations, you should focus on making quick and small repairs. The reason behind this is that these minor details can affect the sale tremendously. Potential buyers are almost always looking at multiple homes to buy and this means that every little detail that doesn’t fit the big picture will likely turn them away. Some of the fixes you should take care of are first – any loose tiles.
Then, you should tighten any doorknobs and handles, as well as leaky faucets. You’d be surprised at the difference this could make. Next up, be sure to remove carpet stains, or if this is impossible – remove the carpet altogether. Lastly, you should do your best to make time for touching up the paint around your home since it will be the most obvious damage to spot if not addressed quickly. Depending on how much money and time you have to spend you could also buy new appliances or give your interior a fresh coat of neutral paint. In addition to this, you could also install new hardware on the cabinets and update fixtures.
Put up a Sign
Even though online marketing is imperative when trying to sell your home, there are still some old-school pro tips that will get you there. Moreover, in the modern world, it’s so easy to forget the basics which have done a marvelous job throughout the past decades. Putting up a “For Sale” sign in your yard will let everyone know that you’re intent on selling your home, and it will make it easier for people to find the house. In addition to this, it will be a free marketing tool for everyone passing by your neighborhood either by foot or with a car.
Home sellers shouldn’t make the mistake of underestimating the power of real estate signage. As experienced real estate agents will tell you, some houses don’t sell for years which is partly due to the reason the people selling them don’t want to put in a little extra effort like putting up a sign. If you have a sign out the chances are the people in your area will know about it and will spread the information around for any interested buyers. More often than not, people will want to remain in the same area, thus giving you another reason why putting up a sign is a good idea.
Find Alternative Ways to Sell
Selling a house can be a truly daunting process, and there are many steps to be taken, and estimates to be made so you could make this process even possible. Furthermore, there is a lot of paperwork, many hoops to jump through, and ultimately, you will probably have to pay commission. While many people opt to either sell their home on their own or to hire a real estate agent, most of them aren’t aware of other selling options. Since the aforementioned means of selling your home require different aspects, this can be highly inconvenient for people who want to make this process as fast as possible.
Another situation where it might take plenty of time to sell your home is if it’s in bad shape or it hasn’t been able to meet buyers’ criteria for a while. In these instances, a useful alternative way to sell your home might be to look up companies buying homes for cash. These companies can alleviate the stress of having to sell a home because they buy them regardless of the condition. This might be most suitable for someone who’s looking to avoid foreclosure or is facing troubles with their mortgage.
Determine the Price
A very important aspect of selling your home is determining the asking price. More often than not, people have very different approximations which are usually higher than the real price. The reason why this is important is that if you put a much higher price on your home, you won’t be able to sell it. Pricing your home requires a fine balance between said personal expectations and market conditions. As many experienced real estate agents will tell you, determining the price might be one of the most important factors especially if you’re looking to sell fast.
Some of the best ways you can determine the price of your home are to either consult your real estate agent or to use online tools to determine your home’s value. One of the more traditional ways to value a home is to select a few homes that are highly comparable to yours (also referred to as “comps”) that have recently sold in your area. While this is a good strategy, it’s extremely hard to find comps, which is why you will need to make adjustments. These adjustments will be harder to make the more features your home has such as pools, a scenic view, vaulted ceilings, or other more challenging features.
Selling your home can take quite a while. From setting the price to fixing up your interior and exterior so they are in mint shape for the buyers to review, many nerves will be lost. However, a lesser-known fact is that you don’t have to sell to home buyers but you can sell to specific companies that will give you cash for your home. This is extremely convenient for everyone who needs to sell fast or is facing financial issues with a mortgage or wants to avoid foreclosure. Having alternative means to sell is always good to know.