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Selling A Home Fast: 5 Tips For Selling Your Home Fast

JV Real Estate

Selling a home can seem like a daunting and lengthy process; but it doesn’t have to be. With some strategic planning and smart methods, homeowners can take their homes off the market quickly and at a great price.

Here are 5 proven methods to sell your home quickly.

1. Set a Reasonable Price: One of the most important aspects of selling a home quickly is pricing. When setting a price for the home, homeowners should keep in mind comparable prices of recently sold homes in the area. According to Bankrate.com, “A home priced reasonably in comparison to those around it usually draws more interest from multiple buyers, creating a bidding war and pushing up the price of the house” (Levine, 2020). Not only will this higher price make up for the time spent in the market, it will also quickly transition the seller to their new home.

2. Speak to an Experienced Real Estate Agent: An experienced real estate agent can help guide sellers through the entire process. Agents can provide crucial insight such as what buyers in the area are looking for and the most competitive pricing. An agent can also help market the home to the right buyers since they have access to the Multiple Listing Service database (MLS). As accredited realtor Tom Adams of RE/MAX Ultimate Realty Inc. states, “An experienced realtor knows how to get maximum exposure to the businesses and people who need to know about the house” (Adams, 2020).

3. Make Necessary Home Repairs: Before putting the home on the market, it is important for sellers to update the interior and exterior of the home to promote buyer interest. Updating the home’s appliances, countertops, sinks, and other fixtures can increase the value of the home and help it stand out from the competition (U.S. Department of Housing, 2020). In addition, sellers can pressure-wash the outside of the house and trim the trees and hedges to brighten up the exterior.

4. Promote the Home on Social Media Outlets: Social media networks such as Facebook, Twitter, and Instagram have become essential marketing tools for selling a home. Whether it’s by creating an ad on one of these platforms or sharing posts of the property, social media allows sellers to expose their home to buyers who may not have found it otherwise. According to Forbes, “93% of home buyers start their home search online, and 44% begin by looking at properties on the internet” (Forbes, 2022). By utilizing social media outlets, sellers can reach a wider audience and generate more interest in their home.

5. Stage the Home for Success: Staging a home involves setting up the space to showcase its best features and create a welcoming atmosphere for potential buyers. According to the National Association of Realtors, staging can have a significant impact on the sale of a home, with 83% of buyers’ agents stating that staging makes it easier for buyers to visualize the property as their future home (National Association of Realtors, 2021).

Sellers can hire a professional stager or follow some simple tips like decluttering, depersonalizing, and adding neutral colors to appeal to a broader range of buyers. In conclusion, selling a home quickly and at a great price requires a combination of strategic planning and smart methods.

By setting a reasonable price, consulting with an experienced real estate agent, making necessary repairs, leveraging social media outlets, and staging the home, sellers can increase their chances of a quick and successful sale. With these proven methods, homeowners can confidently navigate the selling process and move on to their next chapter in no time.

References:

Levine, M. (2020). 7 tips for selling your home during the coronavirus pandemic. Bankrate.com. Adams, T. (2020). The best time to sell a house in Ontario. RE/MAX Ultimate Realty Inc. U.S. Department of Housing and Urban Development. (2020). How to sell your own home. HUD.gov. Forbes. (2022). Why real estate agents still matter in the age of tech. Forbes.com. National Association of Realtors. (2021). Profile of home staging. nar.realtor.


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