3 Ways To Sell Your House Faster
BY: HIMANSHU AGARWAL ON TUESDAY, APRIL 03, 2018
Selling a house in less than a week or month can be frustrating as all get out. Especially when you’re counting on that income to make bill payments or other such emergencies. Luckily, there are some creative things you can do, today, that will make your home look a lot more attractive to the market – revving up the speedy sale of your home. If you have a few minutes, I’d like to share some of those things with you.
1. Depersonalize Your Home
Sad to say, but the life you led in your home isn’t important to prospective buyers. They are interested in their future – not your past. Therefore, to ensure they like what they see (and their future you’re painting for them), remove any signs of your personality. This includes family photos, vibrant paint colours, quirky art or significant, family-value antiques. Simplify and neutralise any nostalgic remnants as if your home were a model home for the first-time buyer.
Your unassuming, bland and novel home will paint you as a true professional. Which will, truth be told, help seal the deal and close the sale faster.
If you have to rent a storage unit to put all your “junk” and trinkets, rent one. Freshen up the paint on interior walls and replace bright colours with beige or white. The property you are selling is a welcoming blank canvas for any buyer.
2. Make Necessary Upgrades
Let’s get something right off the bat: yes, remodeling your home adds value. But, there’s no tried-and-true amount of money to invest in fixing up your home, as every home is different. However, it’s easy to get in the “upgrade” mindset that the process ends up backfiring, leaving you with wasted money and wasted time.
This is because the return on investment (ROI) on home improvements is never fully 100%. Meaning if you spend $30,000 on your home, there is no way you will see the full $30,000 returned. However, small DIY upgrades (like replacing kitchen sink faucets, upgrading water heaters, countertops, etc.) can be completed for about $7,000.
Keep in mind, though, that necessities such as home entrances (which make or kill the first impression) are given the highest priority. (Otherwise the Real Estate Signs out on your front yard will be nothing more than a cruel trap, as people genuinely do not enjoy having their promises of a good life squashed.)
3. Price It Right The First Time
Consulting a local real estate agent will help you price your home right the first time. Contrary to popular belief, how well you renovate and stage your home does not dictate the true value of your home. A competent, professional agent will more than price your home for what it’s truly worth. This includes more than merely pricing your home at the lowest price. It might make sense to price your home lower than other homes to make it sell faster, but put yourself in buyer’s shoes. Prospective buyers might equate lower prices with lower quality – as is often the case when we, as regular consumers, tend to think. Repeat this to yourself: “cheaper does not always mean better.”
Yes, selling your home faster requires a bit more elbow grease. However, it is worth the extra time and effort to get your home in excellent shape. A notable local real estate agent is an alternative source – one who knows the insider ins and outs of what your prospective target market needs and desires.
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