Being in a scenario wherein you must sell a house fast can be quite frustrating. The hopes of a hassle-free buyer coming along and quoting a great price is far from ideal. Fortunately, things need not be so cruel and there are some tips/ways to speed up the entire process, regardless of the house location or real estate market situation.
Enhance Curb Appeal
First impressions make a huge difference. Therefore, understand what the potential buyer could be having in his mind. Take a good look at your house from within and outside to learn more about the property’s shortcomings.
Looking at the house objectively can be difficult, particularly after having stayed in the house for some time. Therefore, suggestions from friends, prospective buyers or real estate professionals can be sought to learn how to get things better.
When on the market, the home should have well-groomed landscaping and a lawn that’s mowed round-the-clock. In addition, the exterior porches and walls, and driveway should be clean as well.
Upgrade Things
Remember, any house upgrades you do won’t be recovered completely after a sale. For instance, the value of a $300,000-worth house that has had its kitchen renovated recently for $20,000 won’t appreciate by $20,000 overnight.
Remodeling does add value, but those are marginal. Therefore, major upgrades are not recommended. Small upgrades such as kitchen sink faucet or old water heater replacement are fine. If there’s a major overhaul required, it’s wise to discount the house’s price accordingly and let the new buyer spend on the renovation as per his preferences.
Depersonalizing the House
Depersonalizing the home is the perfect way to get the house ready for display. For depersonalization, you may remove family pictures, quirky collectibles and art, and striking paint colors. The objective is to prepare a soothing area that helps the buyer visualize his belongings and family within the house.
Generally, a buyer would not fancy your pet accessories, movie collections, over-stuffed closets, and any other clutter.
Competitive Pricing
Choosing the correct list price is critical to sell houses fast. Selling the house for a low price will obviously result in you losing money. Higher prices, on the other hand, will fetch fewer offers, invariably leaving the property unsold for too long.
Most homeowners are reluctant about hiring a property professional on-board, as they’d like to save on the fees. Contrary to general public perception, a realtor helps save both time and money.