Owning a property can be one of the best ways that someone can achieve long-term wealth. Not only does owning a property provide you with a stable and consistent place to live, but you will also enjoy long-term price appreciation, tax deductions, and a hedge against inflation. While there are many advantages that come with owning a home, there will come a time in which you need to sell it. In some situations, selling your house will need to be done quickly. While a home sale process can take time, there are ways to speed up the process. There are six steps to follow that can help you to sell your house in 30 days or less.
Fair Listing Price
One of the most important things that you need to do to sell your home quickly is to list it for a fair sales price. If you would like to sell your home, you are bound to want to get as much out of the sale price as possible. However, if you list it for too much, you are bound to lose potential buyers. It would be a good idea to review sales in your area to determine the fair market value of your home and go from there. Listing at, or even slightly below, the listing price could lead to multiple bidders that can help you to get a good price and quick close.
Professional Realtor Support
When you are trying to sell your home, you should also make sure that you have a professional by your side. While you can try to sell your home without a real estate agent, it is often a bad decision that could result in a slower sale and lower price. When you have a real estate agent helping you, you will have a professional that will be completely dedicated and knowledgeable about the market.
Attractive Listing
Today, more people do more of their home shopping online than ever before. Due to this, having an attractive listing is very important. One of the best ways that you can make your listing more appealing to potential buyers is by having quality photos. While it can come with an initial expense, it is a very worthwhile investment. Quality professional photos will help your listing stand out and appeal to a larger mass of buyers.
Finish Projects
Whenever you are looking to sell your home, it is important that you have it as move-in ready as possible. While this can mean more elaborate renovations and projects, it can also mean cleaning up your home and finishing projects that you are in the middle of. Nothing will deter a buyer, quite like a home that has a lot of unfinished projects or is cluttered and dirty. Fortunately, you can fix both of these issues to help you to sell your home faster.
Choose Buyer Carefully
If you are lucky enough to have multiple people bidding on your home, it would be a good idea to spend time carefully assessing your buyer options. If you need to sell your home quickly, you should be wary of buyers that have a home sales contingency which means they need to sell another property first. An ideal buyer would be one that has no contingency, is looking to close in cash, or has a pre-approval letter in hand from a reputable mortgage provider.
Get it in Contract
As you are looking to sell your home, there will be a lot of time spent negotiating the sales contract. One item that you should not overlook is the sales dates. In many cases, a buyer’s agent will look for a 45 to 60 day escrow and sales process. Instead, you should tell the buyer that you will require a quicker close. You should then get this put into the contract as it will be a guidance for the entire legal, loan closing and funding process.
When looking to sell a home, it is common to expect that it would take several months for the process to complete. There are six steps in particular that you should follow when you want a quick sale. This could help you to get a good price while also closing on your home sale within a short period of time after listing.
