Learning how to sell a home fast in 2010 and beyond is something every homeowner needs to learn and understand. We’re living in a different real estate and financial paradigm. No longer are sellers asking because they want to sell. Now, many need to sell. Whether you’re trying to sell your house online or to Sell my home fast for cash in a fast private sale, these 5 house selling tips will help you sell your house quick in most any market.
Get to Know Your Competition
The homes around you on the market will become your competition. How do you fare in comparison? You need to know because you need to stand out as the best value. Otherwise, you’ll just help sell them prior to yours until you get realistic on price. Your condition, location and pricing will all come into play.
Price Your Home Slightly Lower than Your Toughest Competition
When people view similar homes in an area with similar amenities, they usually look at most all the homes in that area via initial computer searches. If you’re priced lower, even by a little, you’ll be often viewed as the most realistic seller and will likely get the offer before the competition unless you have a condition or location issue.
Don’t be in Denial About Your Location or Condition
If your home needs updating, do it. If your location has issues, discount for it. If you don’t deal with these in your listing, the buyer will in their offers. Don’t be in denial about these fundamental issues when listing your home or trying to sell your home yourself.
List it With a Real Estate Agent in a Tough Market
Some sellers can sell their home by themselves in a seller’s market. In a difficult market, enlist the services of a top real estate agent. Most sellers think they can’t afford the commission so they try to sell themselves often discounting for the buyer because the buyer knows they don’t have to pay a commission. Furthermore, demand is what stimulates higher prices and a real estate agent using the MLS and the internet can bring considerably more demand than any one owner can for their home.
Offer Incentives
Paying a buyer’s closing costs. Offering bonuses to selling agents. Paying association dues for a year. These are all sources of incentives that can make you stand out from the crowd and in a difficult market they can make all the difference between the opportunity to sell your house quick or becoming a “time on the market” statistic.
Sellers who take this advice of how to sell a home fast have a tendency to sell property quickly. Using empathy and putting yourself in the shoes of the buyer will go a long way towards a quick home sale or not selling at all in what is one of the most difficult markets we’ve ever faced in our lifetimes.