When homeowners want to sell their houses, they want to do it in the shortest time possible. Unfortunately, this doesn’t always happen. In fact, studies show that only 2% of homeowners sell their houses as fast they had projected. Does this mean you can’t sell your house at record time? Absolutely not. To help you out, here are tips given by realtors on how to sell your house fast:
Have your house staged
Did you know staged homes sell 88% faster and for 20% more than unstaged ones? Staging simply means decorating the house to make it more attractive to prospective buyers.
While this trick is highly effective, it doesn’t come cheap. For example, stagers charge between $300 and $600 for the initial design consultation. Since they have to use their furniture, they charge between $500 and $600 per month, per room.
Most of the stagers will require a three-month contract and you have to pay even if you sell the house in 24 hours.
Are you operating on a tight budget? You don’t have to worry as virtual staging makes it possible for you to stage the house cheaply. Here you hire professionals to take photos of an empty or poorly furnished house then using photo-editing software, they add modern furnishings.
As mentioned, Virtual home staging is much cheaper. The staging costs only $100 per room and you don’t pay any extra money at the end of the month as you aren’t renting the furniture.
Tidy up the house
First impressions are everything. One of the most effective ways of getting the attention of the buyers is cleaning the house. Clean both the inside and outside of the house. Wipe down cabinets, remove scuffs from walls, clean air vents, shampoo the carpets, and mop every inch of the house. It will take you a few days to make the house spotless, but it will be worth it.
While you are at it, remember to brighten up the living space. You don’t have to install a new window to increase the amount of light getting in the house. You can use cheaper ways of brightening up the house such as installing mirrors and swapping out lightbulbs.
Market to millennials
Millennials aren’t looking to buy, right? Wrong. Studies show that people in their mid-twenties and thirties make up to 43% of home buyers taking mortgages. This is a big percentage to ignore. The studies further show that 57% of the millennials are preferring living in the suburbs compared to 15% who are buying houses in the urban areas.
When marketing the house, remember that most of these young people are preferring walkable neighborhoods; therefore, if your house is close to cafes and other amenities, play that up and you will attract buyers in no time.
Other features that will get the attention of millennials are:
- Open floor plans
- Storm windows
- Insulated water heaters
- Solar panels
- And other green features
Market using social media
The old way of doing things was to send emails to people close to your neighborhood telling them about the available house. While this might work on your side, it might not be as effective as social media marketing.
For you to get the attention of buyers, take professional photos of the house. Also consider adding a video tour, floor plan, and any other thing that tell more about the house.
Pre-inspect the house before selling
Most people are looking for turnkey homes which are move-in ready houses. These are clean houses that don’t have any problems. To ease concerns that the buyers might be having about the condition of your home, have the house pre-inspected beforehand.
By doing this you give the buyers peace of mind that the house is in good condition and they don’t need to make any repairs after buying it.
Sell at the right price
Finally, you need to sell the house at the right price for you to sell at a record time. Your house should be priced to compete with other houses currently in the market. When setting the price, consider the age of the house, square footage, recent updates, and availability of amenities. If you are confused about setting the right price, let a real estate agent help you out.