Homes for Sale: 5 Tips to Sell Your Home Quickly
When the market is down, homes for sale can sometimes stay longer than the owner would like. Lowering the price generally moves you faster because buyers want to feel like they got a good deal. However, lowering the price is not the only option, and it is helpful for homeowners to learn tips to help them sell their home quickly.
1. Create an exterior curb appeal
When selling a home, it’s important to remember that appearance is everything, and so are first impressions. The first thing a potential buyer sees is the exterior of your home. Make sure your yard is neat, clean, and tidy. Replace any old or discolored chills, give the house a new coat of paint if necessary, and replace outdated or worn gutters. In short, make it look as nice as possible on the outside so potential buyers want to see the inside.
2. Differentiate yourself from your neighbors
There may be multiple homes for sale in your neighborhood or on your block, and you need to differentiate yourself from them. Start by making your home memorable, which should also add to its value. You can get custom landscape designs, high-quality windows, or a new roof. Just make sure you don’t go overboard with expensive renovations that may not pay off.
3. Update your home
In a declining market, buyers have many options and do not want a home that they need to repair after buying. Your job is to make them feel like they can move in and start working on their new life. Make sure doors, appliances, electrical and plumbing fixtures are compliant and working properly. Change fire alarm batteries, make sure trim and baseboards look good, and update anything that is outdated or unappealing.
4. Clean up the mess
Potential buyers need to see themselves living in your home, and it’s hard to do when it’s crowded. Go through everything and get rid of things or take them to storage. You want your home to look simple and clean so buyers can easily imagine themselves there. Consider hiring an organizer to help you make the most of your space and create the right image for potential buyers.
5. Sweeten the deal
You may not need to lower the price of your home to sell it, but buyers still want to feel like they got a good deal. In that case, consider some advantages. Offer a loan to cover closing costs or offer to pay closing costs directly. Check with your real estate agent to see if there are specific offers that buyers want that you may also consider in your offer.
Selling a home in a declining market doesn’t have to be difficult, and homeowners don’t have to drop the price right away. Get started with one of these tips to help you get your homes for sale and increase your chances of selling quickly.