According to many, your home is your most valuable investment. Although it’s debatable as to whether it’s an asset or a liability, it’s fair to say that if you ever have to sell it, you won’t want it sitting on the market for long. Many factors can affect the length of time it takes to sell a home, but there are some actions you can take to speed up the process.
1. Price Your Home Reasonably
Housing sales usually peak during the spring but may vary in different markets. However, you don’t have to wait until the same time next year to sell your house. The key is to price it reasonably, so it’s likely to attract buyers at any time of year.
There’s a temptation to start high and bring the price down as it spends more time on the market. However, smart buyers are aware of this tactic and know they can probably wait it out. If you want to sell it quickly, price it right from the start. There’s always someone looking, and you have to decide whether you want more money or a quicker sale.
2. Dress Your Home Up
Making your home look more appealing is a great way to attract buyers. Just remember that before they even set foot inside your home, you’re going to have to lure them in. Simply planting flowers or replacing an old mailbox can do wonders for your home’s curb appeal. You don’t have to spend a lot of money to make it look fancy. Keep it simple.
3. Give Your Home A Makeover
The idea here is to update the home so it can compete with other homes on the market. It should be able to meet current market conditions and reflect what’s in style. A makeover can involve both internal and external updates, from new lighting fixtures to a fresh coat of paint. Even updating your landscaping can be an affordable way to improve your home’s overall appearance.
4. Be Flexible with Visits
The more available you make your home to visitors, the more potential buyers will get to see it. Some people may only be free in the mornings, evenings or on weekends. If it’s off-limits at those times or to visitors that offer short notice, you could miss out on a quicker sale.
It also helps if you can step out while they’re viewing the house, so they’re more comfortable and not made to feel like intruders. Remember to be honest when discussing the home’s pros and cons.
5. Make Sure Your Home Is Listed Everywhere
Most of the time, the listing is left to the agent’s company. However, it doesn’t hurt to look around the different listing services online and make sure your home is on all the major ones. A good agent will showcase your home on social media as well. Both the agency and its individual agents have their own social media pages where listings are shared. Make sure the listing contains quality photos.
6. Market The Lifestyle With The Home
When selling a home, keep in mind that it’s not just the home you’re selling. You’re actually selling the entire lifestyle and neighborhood. A good listing should mention any nearby dining, recreation and shopping areas, along with some photos. Any schools in the area should also be mentioned since many prospective buyers will have children that would be attending them.
Selling your home can be difficult, especially if you spent many years there and made lots of memories. However, it may become a necessity and the sooner you’re able to do it, the sooner you can get on with life in your new home. It may take a while to find the right buyer, but these tips can help speed up the process.