When selling your house it is important to do what you can to ensure a successful sale in the shortest amount of time. If you are also buying a house contingent on selling yours, the sooner you find a buyer the better. This will save you the stress of your home sitting on the market for months and potentially costing you the purchase of your new home. In this article, we will explore some helpful tips to ensure the successful sale of your house.
Pricing Your Property
A high asking price can leave you short of offers and have your home left on the market, while underpricing your property could result in it selling for less than its value. Pricing your home correctly will ensure you get the right level of interest and offers.
To help you set your asking price, research similar properties that have sold in your neighborhood and find out whether current housing market conditions favor sellers or buyers. In the case of a buyer’s market, your asking price will need to be more conservative and take into account the greater bargaining power of potential buyers. The reverse will be true in a seller’s market, allowing you to reject low offers and hold out for the right buyer.
Having the right information will help you set a competitive price for your property and attract the highest number of bidders.
Present Your Home
Prospective buyers will begin forming opinions about your property from the moment they first see it. It’s important to make it look as appealing and inviting as possible from the inside and out.
Conduct a decluttering of all items that you no longer need that can either be thrown out, given away or recycled. This will not only make your home appear cleaner and more spacious but will also make lighter work when it comes to packing your belongings.
Consider hiring a staging company to help you present your property in the most favorable light by rearranging furniture, adding decorative items and depersonalizing your home to make it easier for prospective purchasers to see themselves living there.
When it comes to viewings expect buyers to be on the lookout for any faulty items or areas of disrepair. Make a note of all the areas in your house that need attention such as cracked windows, damaged walls, leaky faucets, loose towel rails and faulty light switches. Many of these issues can be resolved quickly and inexpensively by hiring a handyman or going to your nearest hardware store.
Buying a house is a considerable investment and potential buyers will want a property that does not require additional expense down the line.
Alongs with high-quality photographs, 360-degree virtual tours have also become popular in the real estate world as a result of the COVID-19 pandemic which prevented people from viewing properties in person.
This functionality can not only present your home in a great light, but it can also garner interest from buyers who are at a distance and would otherwise be unable to travel for a viewing. Research from the University of Iowa has also found that virtual home tours can result in a 2% to 3% rise in sale price compared to similar houses without any tour.
Follow the tips in this article to secure a swift sale of your home.