5 Tips to Get Your Home Sold Quickly
There are many times when selling your home quickly becomes the most important goal. This is true for couples who are in the middle of a divorce, someone whose job just relocated her, someone who can no longer afford his payments and needs to get out before the bank forecloses, and many other instances.
If you find yourself needing to sell quickly, these 5 tips can help. The goal should be to sell quickly and for as much money as possible.
1 - Hire a good REALTOR®. My advice of course, is to always use a real estate agent. But in the case of needing to sell quickly, that advice is extra true. Simply put, a good agent will sell your home faster than you can on your own. He already has everything in place to list and market your home and has a bigger network to market it to.
2 - Set a good price! - What determines "good" will depend on the market at the time you are selling. A good agent will be able to work with you to determine the price that will get you the most money but more importantly, get your home sold quickly. For example, in a strong seller's market where homes are getting multiple offers, your agent might recommend a price slightly below your home's market value. Why? Because a lower asking price will often result in more offers which can lead to a bidding war on your home, resulting in a final selling price well above asking. Plus the lower asking price gets more people interested in your home, which means, more offers, which means a faster sell.
3 - Get inspections done ahead of time - Yes it will cost you money that most likely the buyer would have paid. But if your goal is to sell quickly, you will want to have inspections done so you know of any problems that might come up and delay the sale. Ideally, you can even get them fixed before they become an issue.
4 - Clean, declutter, and make your home presentable - Your agent's marketing can get people in your home. The way it looks once they are there can get people to fall in love with it or not. If it's dirty or cluttered you will turn potential buyers away. And the fewer potential buyers you have, the longer it can take to sell. And decluttering doesn't mean shoving everything into the closets. Get a storage unit and remove as much as you can. You want the rooms to feel big.
Bonus tip - Never let a potential buyer know that you need to sell quickly! Most of the time, you will never meet potential buyers, but in the case you do, don't mention a divorce or job transfer, etc. If they know you need to sell quickly, you can expect a lower offer. You might need to sell quickly, but that doesn't mean you have to give money away.
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