To sell your home quickly, you have to consider all the factors that would affect your sales price and home’s value. There could be two identical homes on sale, but if they are in different conditions, locations, and marketed differently, their prices would have a difference of hundreds to thousands of dollars. On the other hand, the specific factors that affect your home’s value are determined by your local market.
Nonetheless, factors that will generally impact your home’s price and how fast you will sell it are the real estate market, your home’s location, its condition, size, and features, as well as your listing and marketing strategy. You will notice that most of these factors are not easily changed since they require significant financial investment and time.
Still, a few factors can prove to work in your favor to find a buyer that puts up their money into escrow quickly because they love your property.
Take, for instance, the homes for sale in Monument CO, might be located outside the city, but they make up for it with size, being in pristine conditions and in a place where homeowners would have easy access to parks, schools, and shopping centers. With the right expertise and a few strategic decisions, you will be able to sell your home faster.
Make a Good First Impression
Regardless of how outstanding the interior of your home is, potential buyers will have judged your home long before walking through the door. Since getting a second chance at first impressions is impossible, you need to ensure buyers feel warm, safe, and welcome as they approach your home.
This means sprucing up your home’s exterior with brightly colored flowers and inexpensive shrubs. Entryways are just as important. Usually, entryways are a utility space for your keys and coat. When you are selling, it’s essential to make your home welcoming by putting in a small bench, some cookies, or even a vase of fresh-cut flowers.
After enlisting your home, a potential buyer can walk through the door at any time, so your house should be “show-ready” at all times. Additionally, you need to be available whenever they want to see the house, and it should be in tip-top shape.
Avoid leaving dirty dishes in the sink, clean out the dishwasher, scrub your bathrooms and dust surfaces. This can be inconvenient, but it gets your home sold faster.
Most people don’t know how essential it is to revamp their home’s kitchen before a sale. Remodeling your kitchen has endless benefits to the price and value of your home. It can also dictate how fast you can sell it and the best part is you’ll typically get an 85% return on the investment.
However, if you can’t afford to cash in on new countertops, there are other fast and inexpensive ways to update your kitchen. For instance, you can paint your kitchen walls in a neutral color to present buyers with a blank canvas that they can use to envision their own style.
De-personalizing is one of the essential things to do when selling your home. Potential buyers are less likely to imagine themselves living in your home when they see your keepsakes, collections, and family photos all around the house. Consider getting rid of a third of your stuff, leaving only the necessary things for staging to maximize your home’s full potential.
Minor updates and quick repairs before selling always pay off and get you top dollar. Exaggerated modifications to your home can cost a fortune only for your home to stay on the market for months before a buyer comes along, and even then, you probably wouldn’t get your money back. Stick to necessary repairs and updates that increase your home’s aesthetic appeal – don’t renovate the entire house.
To sell your home faster, avoid giving buyers an excuse to dismiss the agreement. Generally, most sales deals get foiled when the seller doesn’t proceed quickly enough or is disorganized. Delays give buyers a chance to spot new properties due to losing interest in yours.
Hiring the wrong broker is a colossal sale killer. It pays off to hire one that’s:
- Totally informed
- Constantly monitoring the multiple listing service
- Up to date with the properties going on the market
- Aware of the comps in your neighborhood
Your best bet is to hire a tech-savvy broker that has all the necessary tools to help sell your home faster.
There comes a time where you are ready to sell your home. Similar to most homeowners, you want to sell your home faster, easier, and at the highest price. Implementing the tips listed above can help you achieve all three.