Published : 24 February 2015
As a private property seller, you are probably asking yourself one important question – how to sell my house fast. The amount of time a listing is going to spend on the market depends on numerous factors. You have control over some of those and it’s impossible to predict others. The condition of the market and the buyer demand are obviously critical. The same applies to your private property sale strategy.
There are no universal rules when it comes to selling your house fast but adherence to a few practices will increase your chances of success. We’ve compiled a list of six essentials that every private property seller should be aware of.
The Right Price
We’ve talked about pricing your property and we’ll focus on the importance of this factor once again.
Many private property sellers commit the grave mistake of over-pricing. They take emotional factors in consideration or they base the calculation on the amount that has been invested in the property.
The only way to value your house correctly involves the services of a professional property appraiser. These professionals know which criteria matter. They will compare the house to properties that have been sold recently and use this information to calculate the price.
Spending just a little bit on a professional valuation can save you a lot of money in the long run and it can also help you sell the house faster. Starting with a lower but reasonable price is a much better idea than decreasing the original listing several times and keeping the house on the market for months.
The Light and the Staging
A little bit of light can do wonders in term of highlighting the interior design. Even if you’ve just recently renovated the property, it will look unkempt because of poor, dim lighting.
Maximising the light in your home doesn’t mean tearing down walls to open new windows. You can be clever about it and decrease the amount of money that you’ll otherwise have to spend on renovations (that will potentially add nothing to the overall property value).
Take down the heavy curtains. Place mirrors strategically so that they reflect natural light. Increase the wattage of light bulbs so that the fixtures will transform a room immediately. Free-standing lamps are another great idea. They will make the rooms brighter and they will also enhance the interior design.
Make the House Move-in Ready
Many buyers are looking for a move-in ready home. They don’t want to spend time and money on doing repairs. These buyers will be willing to pay more for a property that is in perfect condition.
Take a look at the plumbing, the wiring, the HVAC system and the appliances. If necessary, hire a professional contractor to do the assessment for you. Upgrade and modernise old systems. Many potential buyers will bring an inspector to look at the house before buying. You will find it very difficult to conceal serious problems from this expert.
Do the math in advance. Focus on improvements that fall within your budget and that will be relatively easy to execute. Alternatively, know how much each modification will add to the value of the property and carry out the projects that will bring the biggest return on investment.
Curb Appeal Matters
The inside of your home matters but many buyers will know whether they’re interested before entering the house.
Focus on custom and unique curb appeal. It may involve landscaping, high-grade windows or the addition of garden furniture and accessories. All of these will please potential buyers and help you differentiate your house from the properties of the neighbours.
Don’t go too far in terms of curb appeal upgrades. Many basic changes that you can execute on your own (like planting new flowers and straightening up the garden beds) will contribute immensely to a pleasant first impression.
Remember that You have Just One Chance to Impress
If you’re still wondering how to sell my house fast, remember this important rule – you have just one chance to impress.
Anything that’s not in line with the buyer’s expectations will result in delays and the inability to close the deal. This is why you have to pay attention to details and make sure that everything is perfect before the listing goes live.
There’s a saying in the world of real estate that goes “the first impression is the only impression.” We couldn’t agree more. Nothing that you do during the inspection can compensate for initial disappointment. Make sure that everything is clean, polish the floor, get rid of the spider webs and buy a new doormat. Yes, something as simple as a shabby doormat could prevent you from selling!
How to Sell My House Fast: Choose the Right Time
There’s one final aspect of the property sale – timing. Unless you’re in urgent need to sell immediately, you should wait for the right moment.
Pay close attention to real estate news and monitor the number and the types of residential listings in your neighbourhood. If you’re dealing with tough competition or there’s limited demand, you’ll find it almost impossible to sell fast.
Selling your home fast isn’t such a big challenge, if you’ve put enough work in getting ready. Once you’ve completed all repairs and upgrades, it’s time to start looking for buyers. We can help you with this part of the process. Coast to Coast is an excellent opportunity for presenting your listing and getting maximum exposure. To learn more about our options, click here.