Did you know that, in average, a house in the real estate market is sold after approximately 4 weeks? Moreover, 89% of sellers rely on services of real estate agents so they’d try and get the best possible deal in the shortest period of time. Of course, trying to sell a house is overwhelming as it is, especially in today’s economy and declining real estate market. Surely, if you’re in an urgent need of selling your residence, there are certain tips and tricks you could use in order to try and alleviate this process and sell your home in such a short notice. Many people believe that lowering the overall price of the house is the only way to attract potential buyers, but if you wish to sell and make a profit, then it’s much better to rely on some of these ideas:
Easy with the Upgrades
One of the most common mistakes of those looking to sell is going overboard with upgrades in their home. While it’s certainly necessary to do some quick fixing up and maintenance tasks, the goal is to actually profit from your sale, which won’t be possible if you spend all of your money on pricey upgrades. Sometimes it’s much more profitable to invest your money in smart upgrades such as a fresh coat of paint, plumbing and electrical fixes and hardware upgrades than to rely on enormous home improvement projects. This might help you sell your home faster, but it’s important to decide what’s the deciding factor: time, money or both. The motto here is quite clear – don’t spend more than you can afford.
Depersonalize the Residence
When selling a house, it’s not enough to be a good salesperson; it’s equally important to practice a bit of psychology. While many people prefer a cozy, family ambiance during an open-house event, this just might cost you a sale. The reason behind this is quite simple: when looking for a new house, potential buyers like to imagine themselves living there. That’s why it’s crucial to depersonalize the space, rid it from excessive family photographs and personal decorative details. This will greatly help you put your home in a so-called move in condition, so people would have a clear vision of how space actually looks like and what they could do with it. It also helps show the actual size of the space, which is another crucial feature.
Another common mistake in real estate is not paying attention to the exterior of your home. Many people tend to focus on fixing up the interior, that they completely disregard their gardens, backyards, and the overall curb appeal. While investing a lot of time, effort and money in sprucing up the interior should be a priority, it’s equally important to focus your attention on improving your exterior. After all, the exterior of your house is going to create the first impression for your potential home buyers, so you better make it count.
Good Marketing Strategy
In order to sell your home as soon as possible, it’s going to be necessary to create a good marketing strategy so you’d be able to advertise your house to the higher masses. Hiring a real estate agent is definitely the first step, while you can always rely on other marketing methods such as newspaper advertisements, social media, real estate blogs, websites etc.
Last, but certainly not least is making sure that your home is presentable to your potential buyers. This means that you’ll need to thoroughly clean the whole house before every open-house event and focus your attention on creating an enjoyable ambiance. This can easily be achieved by installing appropriate illumination, placing some elegant indoor benches and adding subtle yet effective decorative pieces. The trick is to try and create a pleasant atmosphere without leaving your personal mark in the process.
Selling the house in such a short notice might require a bit more effort, but it’s certainly not impossible. The key is to focus your attention on doing basic and important repairs, invest your money on smart upgrades and make a good marketing strategy. Everything else is just minor details and by following these tips you’ll be able to sell your residence in no time.