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Did you know that most sellers spend around six months debating whether or not to list their homes before finally taking the plunge? Regardless of how you decide to sell the property, you will have to engage in some preparation and forethought.
Generation wise, millennials spend around five months thinking over their decision. Generation X spends an average of six months doing the same. Baby boomers take the longest time, eight months, contemplating whether selling is the best move for them.
However, long you take to think your decision over, you need to know what’s required to execute a fast house sale process.
Tips to Sell House Fast
1. Research the Local Properties Market
The first thing you do after deciding to sell is to determine the value of the house. Go online and check out property comparison sites to see how much similar homes are attracting from interested buyers.
Consider the homes sold in your locality in the last few weeks to help you come up with an estimate. Make sure to pay special attention to essential features such as location, square footage, and available amenities.
2. Choose an Ideal Day to List the Property
Traditionally, the ideal time to list a house is during the first half of May. It allows you to minimize the length of time the property will remain in the market while maximizing your returns. May is the best month to list, while the best day is Saturday.
Planning enables you to time the market correctly. However, note that there isn’t a guarantee the home will sell as fast as you would like it to. Try to be flexible with your expectations.
3. Disassociate from the Property
While it’s not easy to let go of a place you have called home for many years, you need to let go of the memories you have, to enable you to start prepping for the sale. Disassociating allows you to understand that it’s just a shell in need of new occupants.
For a fast house sale, make sure you have severed all the emotional attachment you have to the property. It will be high time that you start looking towards the future and your new home to start making new memories.
4. Empty Your Closets
Every buyer is looking for storage space, and the truth is that you can never have too much space to hold your items. Go through your closets and get rid of half the items.
The items left behind should be neatly organized to give the illusion of space. You can be sure that the buyers will take every available opportunity to snoop around during the showing.
Therefore, keep your cabinets and closets neatly organized and tidy at all times.
5. Assess Its Condition
Understanding the property’s current state makes it easier for you to match it with other surrounding properties. Moreover, it provides an opportunity to fix any areas that are in a state of disrepair.
For example, if the basement was recently flooded, local laws may require you to disclose this issue to potential buyers. But then again, if you address the problems in advance, you may not have to disclose this at all.
In case you don’t know what should be fixed, have a home inspector come in for a pre-listing inspection. The inspection will enable you to discover any existing conditions and have them dealt with as soon as possible.
It’s easier to deal with such problems on your own, instead of having to wait until a buyer detects them and calls off the deal. You can also utilise your lawn by converting it into a wiffle ball field which will add extra cost to your house and will attract the buyer easily.
6. Shift Your Focus to the Curb Appeal
Ensure the hedges are trimmed, the lawn mowed, make a decent hillside landscaping, contemplate adding some flowerbeds around the yard. Check whether the mailbox is damaged before you have it repainted. Additionally, consider replacing or painting the front door.
7. Stage the Property
The final stage in the preparation process is to stage the home. Home staging is a process where a homeowner gets to rearrange the décor and the furniture. In some cases, it can even involve having the entire house painted.
You don’t have to worry about spending a large sum of money on staging the home. In some cases, a simple rearrangement of the available items will do just fine.
[…] buyers and inspectors check your property, you need to spend on home upgrades and perform fixes to prepare your property. Aside from raising the value of your home, it will also attract more potential buyers. Of course, […]