A home is one of those investments that are meant to last for a lifetime. In fact, most homeowners cling on to their property and give them to their dependants as inheritance once they pass on. Owning a house actually gives you a sense of security in your future. This is because its value is always surging and you can use it as collateral when applying for a loan. However, unavoidable circumstances can make you want to dispose of your home in the property market, especially when you want a huge amount of money. Some of the situations that can push you into selling your house include divorce, sudden relocation to another country or an urgent huge bill such as paying for medical expenses of your loved one. The problem is that some properties can remain listed for too long. Such a delay can really stress you because you need the money urgently. Here is a list of things you should do to attract buyers and sell your house fast.
Inasmuch as your home’s value can be enough to offset these financial troubles, such properties can sometimes remain listed for so long. There’s no doubt that such delays can be quite stressful since you need the money urgently. The good news, however, is that there are some things you can do to attract buyers, and these include contacting trusted house buyers such as Burlington House Buyers Winooski.
Read on to learn more!
1. Involve a Real Estate Agent
Most homeowners assume that having their property listed in the market guarantees a quick sale. Just so you may know, there are many houses that get listed every day, if not every hour. This is because there are always people that are looking to sell their homes. Since there is stiff competition among sellers, you have to go an extra mile to increase your chances of attracting buyers. The competition can make it quite difficult for your post to be seen, let alone attract a prospective buyer. To overcome this stiff competition with your fellow sellers, you would need proper guidance from a professional.
That’s why it’s recommended you partner with a real estate agent. These people know the industry like the back of their hand. They actually know whom to approach when they need to close a sale fast as they are well connected with wealthy guys. The good thing is that they only ask for a small commission once the house is bought.
Just like any other hiring process, you need to do some background research before hiring your real estate agent. A good candidate should have all the necessary documentation including their license. Before you make your decision, make sure you also check their portfolio to see if they’ve made any successful sales before.
2. Give the Exterior a Facelift
First impressions really matter in the property market. Most buyers are actually attracted by the outlook of a property. That’s why it’s important you give the exterior of the house a facelift. You can achieve this by applying a fresh coat of paint and repairing worn-out windows and doors. You should also work on the lawn by trimming the grass and tall bushes. Remember, most buyers will approximate the cost of such repairs and if it seems like they will spend too much, they will obviously look for a better deal elsewhere.
On the other hand, if they’re generally impressed even before the renovations, you can be sure that these repairs will still be included in the final deal. So, if you want to get the most out of your sale, it would be wise to complete these tasks before going to the listing stage.
3. Set the Right Price
Research shows that the majority of homes take too long in the market because their owners did not set the right price. You see, nobody wants to buy a house at an exaggerated price. On the other hand, if the price is too low, potential buyers might realize that the deal is too good to be right. You can counter this problem by first comparing your house with other properties that are listed in the same location.
4. Upgrade Kitchen and Bathroom
If yours is a vintage home, you obviously have outdated fittings and designs both in the bathroom and kitchen that don’t appeal to the millennials. And lest you forget, the design of the bathroom and kitchen is the crème de la crème of any property. Most buyers actually ask to first see how these two places look and feel before parting with their money. You should therefore invest in modern bathroom and kitchen fittings such as latest sinks, faucets, cabinets and showers.
5. Market Profusely
In this day and age, you don’t have to do a lot of legwork when you want to market your house. For starters, put a sign outside that shows the property is on sale. That way, people that will visit your neighborhood will get to know as they pass by. You can also run some ads on major newspapers and social networks as it helps spread the news faster. But you will need to take some high-resolution photos.