Selling your home is exhausting and emotionally challenging, especially if you’ve lived in it for quite some time. However, you have to sell it fast to make moving houses easier and faster for you.
Although luck is an element needed for selling your house, there are also other things that you might want to do to sell your house fast. You should take an active role in the selling process and not wait for luck to come knocking at your doorstep.
Choose your agent or off-market website wisely
One of the most significant decisions you’ll have to make is either getting an agent, selling for cash in the off-market, or selling it yourself without any help from others. Although getting help from others in selling your house can cost you a commission, there is no denying that selling your house via an agent or off-market listing makes selling your house faster.
A good real estate agent has your best interest in mind, selling the house at the best price possible. The competitive selling price that they will help set increases the faster sale of the house. Agents also have a lot of experience regarding home sale negotiations. Their familiarity with the processes and papers will avoid unnecessary delays.
Sundae claims that there are three types of listing with an agent:
- The “exclusive right to sell” agreement, where the agent has exclusive rights to the commission.
- The exclusive agency listing, where you work with an agent but have the option to look for a buyer yourself.
- Open listing where there is no exclusive contract for commissions with multiple real estate agents.
Another option is selling off-market without working with a real estate agent. Here, you can avoid listing your homes with real estate against those who will get a commission from you. You will have the opportunity to sell directly with a cash buyer. An example is a marketplace for houses.
This option is beneficial if you don’t like having an agent and paying a commission for the sale of your house. But, it can still help you sell your house fast because of the marketplace that can help you get offers from cash buyers.
Sell at the best time
Generally, the best time to sell your house is during the spring season, preferably during May. However, this time may not be the same for other locations. For Dallas and Miami, the best time to sell is during July.
People tend to look for houses during the warmer months. Thus, it makes sense to prep your house for sale during winter to sell it during spring. The main reasons for moving during this season are the excellent weather forecast and school break.
Selling in the summer might not be the best time because most people take vacations during this season. People only move during the fall due to changes in office and school locations. People are also sensitive to prices during this season. During winter, the cold weather and social gatherings also make people want to stay in their homes instead of looking for a new one.
Sell when the price is right
Knowing the worth of your house is one of the most challenging tasks in home selling. You don’t want to overprice that can drive away potential buyers. You also don’t want to underprice and not get your property’s worth.
Compare other listings of similar homes or homes for sale in your location. Consider knowing the prices of recently purchased homes in your location. The best source for comparing prices is your real estate agent.
You should also be familiar with the market conditions and appreciations. If you are in a seller’s market, people demand houses, allowing you to price higher. On the other hand, underpricing can occur in the buyer’s market.
Knowing the proper pricing will help you determine your house’s worth and easily make negotiations with future buyers.
Only make necessary repairs
When you’re in a rush in selling your house, it is not practical to make unnecessary repairs that may halt all negotiations. These unnecessary repairs will only affect the price of the house and lengthen the negotiations.
The necessary repairs include holes, leaks, and electrical system repairs. Quick fixes will always pay off. Getting a makeover will not always give you a return. Thus, only make updates on your house that will pay off.
Selling a house is exhausting and difficult. Selling it fast makes it even harder. Luck isn’t the only thing you need to sell your house fast. You should also choose an agent or off-market wisely, sell at the best time, sell when the price is right, and only make necessary repairs. If you do all these, then you will sell your house fast.