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10 November 2012

7 Things You Need to Know To Get Your Home Sold Fast

By Lance Mohr


To sell your home and attract buyers that have the money to purchase it, you need some helpful advice, in the current buyer's market. You're up against many other properties, so you have to follow the proper processes, to ensure the quickest sale. Fortunately, there are 7 tips to get your home sold in 30 days, which may give you an advantage over other home-sellers.

Categorizing the most important aspects can be easy: you need to get your home in tip-top shape, set the price right from the beginning and employ the best tactics to market it quickly and to the most appropriate audience.

1. Preparing your property for showings requires you to take an honest approach towards finding the most adverse characteristics. Starting from the curb and working your way inside, helps you look at your home the way a potential buyer would see it. This means removing yourself from biased opinions as a seller and taking a look at overlooked items that will stand out to potential buyers. You'll receive more than 5 times the amount of money you invest in these improvements and getting a buyer in the door, is half the battle. Landscaping, a few coats of paint and some good cleaning or de-cluttering may be in order.

2. Get prepared to move by packing boxes, keeping your house clean at all times and keeping your yard mowed. Cleaning your home is critical and you may need to arrange to board or kennel your pet with relatives, during the selling period. Many homebuyers are "turned off" by a messy house or animal smells and a pet can interfere with showing your home.

3. Home staging can cost a few hundred dollars, but research shows it pays off handsomely, in the form of a quick sale that's closer to the asking price. Your home may outshine competing houses, and it doesn't require much effort.

4. Knowing your competitors and the current marketplace will help you price your home to sell. Engaging a Realtor can help you choose the correct pricing strategy. Whether you plan to list your home or not, speak with a few Realtors, so you can arrive at pricing that sells your home, quickly.

5. The best price range for your home is where you should price it, from the very beginning. You don't want to freeze-out the most qualified buyers and with the Internet, there are plenty of places to search for comp sales statistics. Trulia or Zillow are a couple of examples, but a knowledgeable Realtor can help you compete.

6. Proper marketing strategies can make all the difference in the world. Selling your own home can be difficult, since you aren't experienced in real estate marketing. Realtors with comprehensive websites have access to many online marketing resources, so they can increase your chances of getting a quick sale. It's not advised to sell your own home, if you need to sell quickly, since you may not have access to these necessary marketing tools. Don't be afraid to speak with several listing agents, since selecting the best one will bring you the best results.

7. Once you've listed your property for sale, it's important to be ready for a showing, at anytime. Negotiate any purchase offers you receive. Just because an offer is lower than you hoped to get, doesn't mean a buyer may not be willing to increase their offer. On the other hand, if a purchase offer is within 10% of your asking price, you may want to accept it, since you don't know when another interested buyer will be coming. This is the most crucial tip, of the 7 tips to get your home sold in 30 days.




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