It is not an unusual phenomenon to have a supply that outstrips demand in the property market. Instead, if you are selling your home, you need to find out how to sell fast in the midst of such stiff competition.
There are ways through which you can enhance the attractiveness of your home in addition to lowering the asking price when considering a quick house sale. Here are top six tips to not only generate interest but also get you the best price possible:
Stand out from the crowd – You will do well to make your home stand out by considering introduction of custom designs or additions like high-grade windows, landscaping or even a new roof. These are handy in improving home aesthetics while adding value to the home.
Any improvements on your property must be practical with designs and colors that are appealing to a wide audience. Further, they should also complement the home as well as the other amenities like building a patio or deck next to an outdoor swimming pool.
Even then, caution must be taken so that you do no over improve your home for sale. Remember, not all renovations will give you a good return. Thus, if you are going to invest in home improvements, be sure to do your research so that you put your money in things that are likely to give a good return.
Eliminate clutter – Removing clutter is a sure way of ensuring that you show potential buyers what the home will look like when they bring in their belongings. Thus, you may want to consider removing some of the furniture to make the room look bigger or simply put away personal items such as family photographs.
Where possible, you could get the help of a stager to help in ensuring better use of your space. Even then, be sure not to spend so much on stating costs especially if your ultimate goal is to make a profit from the sale of the home.
Sweeten the deal – Offering terms or things that are likely to sweeten the pot is a sure way of making your home more attractive to prospective buyers. For instance, you may offer buyers a couple of thousand dollars in credit on the closing costs.
Alternatively, you could entirely pay the closing costs effectively drawing the attention of potential buyers. Offering a transferable home warranty costing between $300 and $400 for a year’s policy to cover appliances that include refrigerators and air conditioners that fail. Other appliances and house gadgets may also be covered depending on the policy. With this, your home will be more attractive as potential buyers will be more at ease knowing they are covered against such problems.
Spruce up your curb appeal – Most sellers tend to overlook the curb appeal of the home they are selling. Interestingly, buyers first see the external appearance as well as how it blends into the surrounding neighbourhood. You can achieve this by giving your home a fresh coat of paint on the exterior while the lawn and bushes are well manicured. Keep in mind that in the property market, appearance is everything.
Get the home into a move in condition – The aesthetic appeal of your home is important hence the need to ensure that appliances, doors, plumbing fixtures as well as electrical fixtures comply with the building codes. This is crucial as it ensures the home is ready for moving in to give potential buyers an impression that it is the right place for them to move in and enjoy the new home as instead of having to fix things.
Get the pricing right – Whether you have renovated your home or even staged your home, it is important to ensure that you get the pricing right. The best way to achieve the right pricing is by consulting with an estate agent, reading newspapers and going online to see what similar homes within your locality are selling for. Most importantly, put yourself in the buyer’s position to determine if you would buy the home for the price you have set. You may ask neighbours, friends and even estate agents to tour the home and give you their opinion on the asking price you have set.
Well, selling your property in a crowded market requires a little more effort. Thus, be sure to do everything possible to get your home in the best shape in readiness for the market. With the tips discussed above, you can be sure to sell your house fast despite the stiff competition.
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