You might have inherited a property or want to sell your old place and move to a new home. No matter the reason, real estate is not everyone’s cup of tea.
Knowledge is what sells houses. Your real estate success is dependent on your desire to understand how to sell homes quickly and for the top price. Building a regional and national armory of real estate knowledge can help you sell your property quickly and get the highest profit possible.
Did you know that 75% of millennials are first-time home sellers? Even if you’re not a millennial, real estate can be quite confusing and daunting for first-timers.
So, we have gathered six tips from master real estate agents that will help you sell your property faster.
6 Tips from Master Real Estate Agents that Will Help You Sell Faster
Here are six tips from real estate industry experts that will help you sell your property faster and more profitably.
- Clean and declutter
- Partner with a real estate agency
- Devise a selling strategy
- Consider staging your house
- Optimize your pricing
- Offer to accept cash
Read on to learn more.
1. Clean and declutter
Potential buyers must be able to visualize life in your house. Your home, despite having excellent furnishings, knickknacks, and accent walls, shows your style.
Give your home a thorough cleaning, remove personal clutter, and apply a fresh coat of neutral paint on the walls.
“The property has to be in top-dollar condition,” says top Washington real estate agent Nancy Lee, who sells properties faster than the typical realtor in her area. This may include decluttering or repainting, as well as “sometimes having the carpet cleaned or even changing the flooring.”
Cleaning and decluttering your property can raise its worth by 3% to 5%.
A tidy house appeals to purchasers because they see it as a blank piece of paper that they can personalize. Then, you can hire an expert home stager to customize the home to appeal to your potential buyer.
2. Partner with a real estate agency
To sell your house quickly, you need a partner that is knowledgeable about local real estate. If you choose to sell your home on your own, you will be missing out on a wealth of knowledge and resources that a professional realtor can provide.
Selling a home is far more than taking photos and creating an MLS listing. Here are a few ways a real estate agent can assist you in selling your home quickly.
- Running comparisons to see how much comparable properties in your neighborhood have sold for
- Understanding how to advertise to your intended audience is essential, whether you want to sell your house quickly for cash or choose a more traditional sale.
- Giving advice on what needs to be corrected, updated, or enhanced in your home in order to attract purchasers.
- They are marketing experts who can bring greater attention to your home
- Assisting you in avoiding hidden house selling charges
3. Devise a selling strategy
Before putting up a for-sale sign in your yard, decide on the best selling technique for you. If you are optimistic in your capacity to market and advertise the home, the for-sale-by-owner approach may be preferred, but it does not ensure the fastest sale or the highest price.
You can get help from booklet printing services to send out a detailed advertisement instead of a dry ‘for sale’ board outside the property. This will help your buyers to better understand the location and the property.
A real estate agent may be best if your time is better focused on other details. If you need to sell your house quickly, you should contact a professional agent who can help close the deal faster than the average homebuyer.
4. Consider staging your house
Although you may have a distinct sense of design, your furniture may make it tough for buyers to see the house as a blank canvas. When this happens, having the home staged with furnishings brought in may be preferred.
Hobrock owns a furniture warehouse that she uses to stage her clients’ homes, although she notes that many real estate brokers may hire a third-party staging company. She reveals that she recently re-staged a five-year-old home with white linens and clean, minimalist furnishings. The house received many offers very immediately and sold for more than the asking amount.
5. Optimize your pricing
Pricing is critical if you want to sell your house quickly. The first step is to ascertain the property’s value so that you can properly appraise it.
The second step is to calculate the best selling price for your home.
Cheryl Coleman, a California agent with more than 18 years of experience in the market, emphasizes the importance of strategic pricing as a vehicle for selling your house quickly. “You can’t undercharge the property, especially in this market,” she explains. “But if you overcharge it, you’re doomed.”
Coleman’s claim is supported by recent numbers from the National Association of Realtors. In 2021, buyers typically paid the full asking price for their homes, with 29 percent paying more than the asking price.
All of this indicates that buyers are available and willing to spend more than your offering price. Just don’t scare them away by overpricing your home. Instead, entice them with a reasonable price and smart promotion.
6. Offer to accept cash
Requesting a cash offer is another strategy to hasten your house selling. Selling your house quickly for cash may sound too wonderful to be true, but it’s more common than you think. In fact, cash sales are increasing in a variety of markets across the United States.
Although a cash sale may yield less money than a standard agent-assisted transaction, cash buyers such as home flippers and property investors are constantly looking for properties for sale. They also desire speedy deals, which allows motivated sellers to save a lot of time.
You may occasionally sell your house for cash in days or weeks rather than months, so if you’re in a hurry to sell, a cash offer is a terrific choice.
That’s all for this article. Hopefully, the aforementioned tips will help you sell your property faster and more profitably. Remember, as a first-time home seller, things might be pretty confusing for you. Yet, armoring yourself with real estate knowledge will go a long way.
If you have a tip to share or a doubt related to real estate, feel free to reach out to us via comments.