There’s nothing worse than having your home sit on the market for months with no sure answers for why. Here are our top 5 tips to help you sell your home faster:
1. Make Sure The Price Is Right.
Your house could be the prettiest home on the block but if it’s not competitively priced it may be the prettiest house siting on the markets for months! The number one reason an otherwise, attractive home stays on the market forever is
price. Why? Because home buyers tend to not make offers on them. Why don’t they make offers on them? Because no one wants to be considered a “lowballer”. Making a substantially low offer on someone’s home can be insulting. Home buyers might also assume that
the seller must have turned down lower prices since the home has been listed and the buyer may not be confident that their offer would be accepted. Knowing the true value of your home is so important when selling. Getting
an appraisal should be the first step on your list of to-dos when deciding to sell.
2. Make It Look Nice.
Although pricing your home correctly is important, if your home looks bad, the price becomes a secondary factor. Curb appeal should be your first project when making updates to your home. Cut your grass, clean up the trash or toys the
kids leave in the yard. Paint, add some window boxes. These small, inexpensive changes to the outside of your home can pique the interest of sellers to want to at least see the inside.
I know you hear all the time; the most important rooms in the house are the bathrooms and kitchen when it comes to selling your home. And that statement could be truer. If you come up with a renovation budget and are trying to figure
out what part of the house to invest the money in, choose these two rooms. Many studies have shown that an updated kitchen and bathroom can be the biggest selling point in your home, above even the square footage.
3. Market Your Home.
Marketing your home for sale doesn’t have to be expensive or complicated. Nowadays, there are so many different ways to reach home buyers in the market for a home.
“For Sale” Signs
You can purchase these at your local home improvement store for a few dollars. Many home buyers ride around in neighborhoods they are interested in living in to see if there are any homes for sale that they may want to view.
Home Listing Ad
You know your home better than anyone. What you love about your home may be what others will too. Get creative and brag a little. Make sure to add in critical features buyers look for such as the number of bathrooms, re-modeled kitchen,
school district etc.
If listing your home online, you cannot skip this step. Adding pictures of your home is crucial. When taking pictures of the outside of your home, make sure to remove, trash cans, clutter and parked cars out of the driveway. The same
applies to the inside. Remember, less is more when it comes to your furniture and belongings. Too much clutter can turn off a buyer and distract them from your home itself.
4. Home Inspection
Real estate contracts give the home buyer the right to hire an inspector to inspect the property. Inspectors are going to inspect the plumbing system, the roof, electrical and heating etc. The home buyer is then responsible to repair
any problems found.
The buyer’s home inspection is usually the last thing on the list to do. Once the inspection is complete the buyer makes an application to the mortgage lender. To insure a smooth process in the end, you may want to consider having your
own home inspection done so you can fix whatever problems before they’re found later.
5. Consider Any Offer and Negotiate
When a buyer makes an offer, consider it. However, carefully look through (with a real estate lawyer if possible) the contract’s terms and conditions. You may find too many contingencies in the contract that cause the deal to fall through.
Many contingencies favor the buyer and if not read carefully and understood, can result in the home seller finding themselves in a bind.
To get in touch with an appraiser in your area or for more information click on one of the areas below closest to you: