Selling a house is very different from selling most other things. The biggest difference is the time frame. A lot of times, while the price of a house keeps increasing, the maintenance cost reduces the profit from selling it. This is why, many homeowners couldn’t afford to wait for too long between moving out of the house and repairing it, to selling it to a buyer.
If you’re planning to sell your house or are already trying to sell your house, I have some great tips for you. These tips could help you sell your house ASAP. No more waiting for too long, and it’s your chance to maximize your profit.
Declutter your house
This is one of the biggest problems for many homeowners. Remember that when a potential buyer comes in to inspect the house, they imagine living in it along with all the furniture inside. If your house is messy, not only the buyer will imagine themselves living in a messy house, but it also makes the house look smaller.
By keeping everything clean and organized, you’re actually helping the buyer to make a firm decision. Less time inspecting the house, the faster you’re going to get an answer for them. And if they do agree to buy the house, that’s a lot of time saved.
To start with this, you can store away all your personal items. Hide items such as family pictures, papers or clothes that are visible, and any items that are blocking the view of an entire room. In other words, help buyers to envision their lives in the house.
I’ve seen many stories about homeowners lying about the state of their property. The more they lied about it, the more obvious which are the lies, and which are the truths. And believe me, it’s better, to be honest than lying about your house, then the buyer finds out about it through a home inspector.
You can work with your agent to learn about the strengths and weaknesses of your house. Then, come up with the best ideas of how to present it to buyers while acknowledging those weaknesses. Be upfront about it, buyers will appreciate you more for your honesty. This way, you’ll also help them to plan ahead with the repairs after the house is theirs.
Find the best real estate agent
This is probably the easiest way to sell a house. A good real estate agent knows the local market and how to sell your house efficiently. And the best thing is, you don’t even have to do anything. A real estate agent will take care of everything from hiring a photographer, marketing your house, schedule house tours, and hos them, and negotiating the best price. Some real estate agents also market houses virtually, ensuring more sales in a short time frame.
Price it properly
Some homeowners price their properties way too high. The reason? Pride. I mean, I get that homeowners are proud of their houses. Especially if the house has been passed down for many generations.
The problem is an overpriced house is a deal-breaker. No one wants to buy a house that has an absurd price tag. The housing market is a buyer’s market, and although it has a pretty high demand, there are just so many houses available to buy.
I am not saying that you should undercut the competition, but you must be realistic. As I mentioned before, you can hire a real estate agent to inspect the house and negotiate the best price for you. But you can still participate in the price decision. Try to find the middle ground and decide on a price that attracts buyers.
Finish all the quick repairs
Repairing your house could increase the price by a lot and the chance of the house being sold. The best thing is you don’t have to dig deep into your pocket to repair your house. Take a look at your house and see what kind of quick repairs you can do in the meantime?
Some of the most common quick repairs to do are remove carpet stains, painting the walls, fix loose tiles, fixing leaky faucets, and tighten doorknobs. That’s it, now you can present your house to buyers without worry.
There’s always something else you can do while waiting
Now it’s time to wait for people to approach you. Welcome them with a big smile and guide them through the entire house. If you hire a real estate agent, then you can just wait while sipping tea. After every buyer that comes, see what other small improvements that you can do.