It’s fairly common knowledge among real estate agents that properties that spend too much time on the market before they sell could have a hard time fetching anything close to their original asking price. Many buyers will be wary of making an offer on a house that’s been on the market for months and might suspect there is something wrong with it. Also, motivated sellers who don’t receive offers after a few weeks are often pressured to lower their asking price in hopes of attracting buyers. In any case, it’s probably in your best interests to sell quickly. There are a number of things that can be done to increase your chances of doing so.

 

1.  Tips for selling quickly.

 

1.1  Hire help if necessary.

 

Some homeowners feel that they don’t have the resources or experience needed to find a buyer on their own. If you want to, you can hire a realtor to help sell your home. Some real estate agents know how to sell a house properly, attract buyers, negotiate, etc. However, they will often charge you a hefty sum at closing if they find you a buyer. A lot of homeowners are perfectly capable of selling their house on their own and it often isn’t necessary to hire an expensive realtor. But if you are fairly certain that you cannot find a buyer by yourself and you are comfortable spending that kind of money on a realtor, the decision is yours.

 

1.2  Set a good asking price.

 

A factor that’s often crucial to the success of property sales is the asking price. You may not want to settle for a low selling price if you think you can get more, however, you also don’t want to join the many sellers that overprice their homes and spend months waiting for an offer. That’s why it’s so important to set the right asking price. Many realtors and sellers find that market comparables (houses that have sold in your area within the past six months or so) can help them get an idea of a property’s value. You can also take into account the house’s condition, how long you have to find a buyer, and set the price accordingly.

 

1.3  Prepare the home before showing.

 

Before you start letting potential buyers do walkthroughs of the house, you should make sure that it’s in decent (if not excellent) shape. The condition that a house is in can impact potential buyers’ interest in purchasing it on both a conscious and subconscious level. Most people will not appreciate seeing the previous resident’s belongings and possessions strewn around the house when they do a walkthrough and the last thing you want is for them see your home in anything but a positive light. Getting rid of all the clutter and giving the house a thorough cleaning is a good start. Minor repairs may also be necessary and, if you have the time and money to do so, you can hire a contractor to take care of more serious issues. However, if you sell to a good real estate investor like us who can buy the house as-is, you may not have to spend much time on prepping the house.

 

1.4  Show the house properly.

 

If you’re trying to market your home to the average buyer, how you show the house could have a significant effect on their decision and how much they decide to offer. These buyers are usually looking for a house for their personal use and the little things can be rather important to them. Try your best to keep things on a positive note with potential buyers and be open to negotiations (unless their requests are unreasonable). Arrange a walkthrough at their convenience and, when you show them the house, give them their space and let them explore it on their own. Answer any questions that they might have and don’t forget to mention your selling points. If there is anything seriously wrong with the house, don’t forget to disclose such information as you might be legally required to do so. However, if you sell to us or other good investor buyer, they probably won’t be too concerned about small details and will be much more interested in the house’s price and its potential for profit.