If you have finally decided to sell your home, you’d want to sell it fast, pocket the proceeds, and invest in something else or move on with your life. However, selling a home is nothing like selling a microwave at your garage sale. It involves a lot of back and forth, headaches, disappointments, and lots of stress.
Certainly, you wouldn’t want to go through such difficulties when selling your home, especially if you need the proceeds for something urgent. If you don’t want to end up waiting for so long to sell your home, here are some helpful tips to consider. But before we look into the tips, why should you sell your home fast?
Why should you sell your home fast?
There is always this rush that accompanies selling a home. Several home sellers are so eager to sell their homes that they sometimes sell them below their asking price. But why the constant rush? Why should you pull all the stops to sell your home fast? Here are six reasons:
- Simpler process
- Avoiding doubling the moving expenses
- Cut down on stress
- No need to manage frequent showings
- Don’t risk buyers getting cold feet or sales falling through
- Avoid housing market changes
- You choose your timing
- No need to make repairs
- Avoid paying for upkeep on two homes
Now that you’ve realized the importance of selling your home fast, you are probably thinking, “how do I pull this off?” We have highlighted the essential tips to do that below.
1. Choose your agent wisely
If you’d be selling your house with the help of an agent, you need to ensure that you go for a professional. Of course, a professional real estate agent may not sell your home fast if he doesn’t have your interest at heart. So while looking for a professional real estate agent, go for one who has your interest at heart. And how do you do that? How do you figure out the best estate agent for your home?
Ask for referrals from family, friends, colleagues, etc. These people should be able to refer you to someone who did their job pretty well and can help you. In addition, consider your particular needs.
Do your home need help with staging? Find an agent with a good track record in design. If you are selling a mansion, find an agent who has experience selling such homes.
2. Use a different selling strategy
If you want to sell your home fast, you should change your selling strategy. And what does this mean? It means choosing to sell your home to someone who makes a cash offer for house rather than go with the norms. Accepting a cash offer for your house can help you sell it fast, without much paperwork, delay, or stress.
Meanwhile, selling your home to a mortgagor can be one hell of a process that could last for a month or more. With a cash sale, you can sell your house within two weeks.
3. Go on the market at the right time
The housing market, like other markets, has its highs and lows. There are times when selling a home becomes difficult, and there are also times when you have a high chance of selling your home. Your job as a homeowner who wants to sell his home fast is to leverage the time when home sales are at their apogee and place your home on the market.
Based on statistics, you are more likely to sell your house in spring than during winter. So if you are eager to sell your house fast, your best bet is to list it around late February so you can leverage the heavy activity.
4. Price right
Everybody wants to make maximum profits from their home sale, but it is important you are realistic with your price. Remember, you don’t dictate the cost of your home; the market does.
So if you bought your home for a whopping $600,000 six years ago and want to sell it twice the price now, you may end up not selling the house fast, or not even selling it at all. This doesn’t mean you should underprice your home. The key to selling your home fast is setting a realistic price, and you can do that by:
- Researching comparable listings
- Leveraging home estimate tool
- Considering the market volatility
- Pricing for attention
If you intend on selling your home, you’ll want to do so fast, without any delay or difficulties. To pull such off, you need to be careful with how you sell your home. If you’ll be using an estate agent, ensure you go for one that has your interest at heart. However, we recommend selling your house for cash if you want to sell it fast.