Nobody wants their home to linger on the market. If you want to sell your house quickly, you can list it and secure a contract in a remarkably short time, sometimes even within five days. To achieve a swift sale, you need to prepare before listing and put in the effort to make the contract happen.
Selling a house quickly requires strategic planning, swift decision-making, and professional support. Use this post to boost your chances of a speedy home sale and discover how to sell your house faster.
Table of Contents
1- Negotiate and Review Offers
In most markets, the final selling price typically falls slightly below the listing price. However, during a seller’s market, characterized by high demand for homes, buyers might offer more than the listing price to secure your property.
When you receive an offer, you have three choices: accept it as-is, reject it outright, or propose a counteroffer
You and your agent can respond with a new price if an offer is too low.
Several rounds of counteroffers may be needed before you reach an agreement. Alternatively, you can consider New England Home Buyers. They offer a hassle-free, all-cash sale process that eliminates the need for negotiations and allows you to sell your home quickly.
2- Real Estate Professional
This is a crucial initial step. Having a good partner can make the following steps straightforward and manageable. Find someone who understands your priorities and provides the attention you need. Be sure to research and interview several agents.
While it might be tempting to choose anyone, remember you’ll likely be working closely with this person for several months, possibly speaking daily. You’ll appreciate the effort to find the right match.
Although it might be tempting to sell your house independently, it’s not advisable. According to the National Association of Realtors, only 7% of homes were sold by owners (FSBO) in 2020, and those sold without an agent fetched an average of 18% less than those that did.
3- Complete Essential Repairs
Even small repairs can significantly impact, but major repairs hold particular importance. Consider obtaining a pre-listing inspection to uncover any issues needing attention before listing.
Although buyers typically request a home inspection before closing, a pre-listing inspection allows you to detect and address problems early. This proactive approach can prevent unpleasant surprises during negotiations and simplify the sale. By starting these repairs now, you can avoid a last-minute rush to fix your home before listing.
4- Declutter and Take Out Personal Belongings
One of the first impressions buyers get during a home tour is whether the space feels inviting. A cluttered home can be quite off-putting. Creating an open and tidy environment helps buyers envision the home’s potential. This allows them to focus on the property rather than the belongings inside.
Likewise, prospective buyers need to imagine themselves living there, which can be difficult with personal photos and kids’ artwork on display. Remove items that hold personal value to you, such as personal effects or keepsakes, that may not appeal to strangers. The goal is to help them envision it as their future home, rather than feeling like they’ve entered someone else’s space.
5- Revamp Kitchen and Bathrooms
While minor repairs and cleaning are crucial, it’s important to consider if larger renovations could yield a good return on investment. Thoughtful home improvement projects might significantly increase your property’s value and attract more buyers. Kitchen and bathroom remodels are particularly known for high ROI.
Even if your home doesn’t need a complete makeover, consider if some updates could enhance its appeal. Simple changes like replacing countertops, adding new cabinet hardware, or upgrading appliances can be impactful. In bathrooms, updating hardware, repainting, or installing a new backsplash or sink can refresh the space significantly.
Endnote
Living in a house for a long time can lead to overlooking factors that influence offers. Selling your home requires an objective perspective from a buyer’s viewpoint. Detach yourself and your memories, and envision seeing your home for the first time.
Read Next: 8 Effective House Selling Strategies for a Quick Sale