As a homeowner, at some point in the future, you may have to sell your house fast. This could be because you need to relocate after a job transfer, fund divorce settlements, downsize, or get cash to pay for urgent expenses such as medical bills, overdue debts, and so on.
However, when you have the goal of selling your house fast, there are several challenges that can make this goal unachievable. Thus, you need to navigate the process of selling your home wisely and avoid some common pitfalls that could slow down the sale or stop it from selling altogether.
In this article, we look at some dos and don’ts when it comes to selling your house fast.
Do’s when aiming to sell your house fast
Below are some important dos as you work on selling your home quickly:
Set the right price from the onset
One area where many a homeowner makes a big mistake is in pricing their house at the wrong figure when they are looking to sell their houses fast. It is paramount you set your asking price for your property at the right level from the onset of the sale process if you want to sell it quickly and get the cash you need to move on to other things.
Some tips that can help you set the price when aiming to sell your house fast include:
· Do thorough research on similar or comparable homes in your area to give an idea of a competitive and attractive price
· Consult real estate agents with experience in your area and similar properties to align your pricing with the current market conditions and trends
· Engage valuers or appraisers to help you set the right price for your house to sell it fast
· Use online tools to price your house
Depersonalize and declutter your home
When looking to sell your house fast, you need to stage it for potential buyers, and when staging it, it’s crucial to depersonalize and declutter it so you allow the potential buyers to visualize themselves in your house as their new home.
You can do the following to declutter and depersonalize your house to sell it fast:
· Put away personal items such as family photos and souvenirs
· Remove excess furniture to create more space and make the rooms look tidy
· Adopt a minimalist décor and neutral colour schemes, as these may appeal to a wide range of potential buyers
Invite cash home buyers to give your offers
As you look to sell your house fast, you should consider inviting cash home buyers like Home Flippers. They will come and view your house and make you an offer so you can accept the best offer that is an acceptable amount and meets other criteria you deem crucial such as transfer dates etc.
When engaging with cash buyers, do your homework well to ensure you don’t end up being scammed. There are many con artists and fraudsters who masquerade as cash house buyers.
Also, compare the various offers you receive and consider other factors because most of the time cash buyers tend to offer lower than the market rate of the property. But if you need cash fast, and want to avoid hassles of selling, it can sometimes be a better deal.
Enhance curb appeal
They say that the first impression matters a lot, and this is not any different even in real estate, especially when aiming to sell your house fast. You need to invest some time, a little money and effort to improve your home’s curb appeal to win potential buyers from the moment they arrive to view your home. You can do these simple tasks to enhance your home’s curb appeal:
· Painting the house exterior
· Landscaping
· Repairing some easy-to-see items such as broken windows
· Decluttering the front yard
Don’ts when aiming to sell your home quickly
Below are some key don’ts to avoid when looking to sell your house fast:
Overpricing your property
When you overprice your house, you will only deter potential buyers, thereby prolonging the sale. You must desist from setting an unrealistic price based on inflated expectations and sentimental attachment to your property.
The right approach to pricing your house to sell fast is using market data and following professional advice.
Being unprepared for showings
When selling your house, you must be properly prepared for showings as they offer you the chance to showcase your home to potential buyers. Presentation is crucial when staging your house so you must be well-prepared.
You need to ensure your house is clean, free of clutter and organized throughout the time you have it on sale. If need be, consider investing in professional cleaning and staging services as this can help to create an inviting and welcoming atmosphere that augers well with would-be buyers.
Inflexibility with negotiations
Flexibility in any negotiations is crucial when looking to sell your house fast. You must avoid being overly rigid with negotiations or being too stubborn with your price. Instead, be receptive to reasonable offers and make some compromises here and there to expedite the selling process.
Conclusion
If you’re looking to sell your house fast, you need to know what you should and should not do. Some dos include pricing it right, decluttering and depersonalizing and inviting cash buyers to give your offers.
On the other hand, some don’ts include overpricing your home, being unprepared for showing and being inflexible with negotiations.
Article and permission to publish here provided by Bailey Merton. Originally written for Supply Chain Game Changer and published on March 12, 2024.
Cover photo by Tierra Mallorca on Unsplash