If you are getting ready to sell your house, you know how important it is to get your house sold fast. Most home sellers want to make the most amount of money on the sale as possible.
However, fast home sales and highest price don’t always work in tandem
If you are preparing to sell your house, these three strategies can help you get that done.
Underprice Your House
Some homeowners have found that in competitive markets it can be helpful to list the house just below the current market value. The theory is that listing your house low in a hot market will spike interest from multiple buyers. The result is your having created a bidding war, thus selling your house for well over the listing price.
However, this strategy should be used carefully because it could backfire. There is always the chance if you list your house low that you will receive low offers. If this is your strategy, you need to be willing to sell it for the price that you list it at.
Hire a Home Stager
There have been many surveys completed in the real estate industry to prove that hiring a home stager can help sell your house faster and for more money. While there is no guarantee, staging a house does help it look as appealing as possible to potential buyers.
The process of staging includes the way the furniture is arranged, keeping paint colors to neutrals, decluttering the rooms and removing personal items that could be a turn off to potential buyers.
If you cannot afford to pay a professional stager then at least take the time to do some research on the topic yourself. There are many tips online that can help you complete the tasks on your own.
Lay it All on the Line
As a seller you will be required to complete the Seller’s Disclosure. This will list all of the past and current problems that the house has. To put your potential buyers at ease include every piece of information that you know on the disclosure.
Before you list your house have an inspector come and perform a walk through. This way you can then provide interested buyers with a copy of the report. When potential buyers can see that you have recently had your house looked at and you are not hiding anything this can help speed the process along.
Also keep in mind that most buyers will have a good feel for how to price the home from the start. If you try to hide the information and the buyer’s inspector finds it, they will most likely walk away from the house or lower their offer.
While there is nothing that you can do to guarantee the sale of your house, these are some strategies you can put in place to help your chances. The key is to make your house as appealing to potential buyers as possible. That means it needs to look great and have a great price. Leverage the fact that every buyer wants to feel like they walked away with a great deal into your sales strategy.