The average home sits on the market for more than two months. But not everyone is willing to endure such a massive time commitment. If you inherited a home or you’re selling one after a divorce, you need to get it off your hands as soon as possible.
So you’re thinking, I want to sell my house fast. Really fast. Otherwise, you’ll have to worry about mortgage payments and other fees.
Luckily, there are some great methods to speed up the sale process. With some options, you can sell your home in less than a week! Say goodbye to your troublesome home with our step-by-step guide.
1. Find a Great Real Estate Agent
The first step in selling your house fast is vetting an amazing real estate agent can take a good deal of time. And look, I get it. When you need to sell your house fast, you don’t want to waste time doing things unrelated to the sale.
But time spent finding a realtor isn’t wasted. They know the local market and may have connections of their own to help you land a sale as fast as possible. Unless you’re a sale wiz, an agent will sell your home faster than the FSBO alternative.
In fact, 20% of home sellers specifically find a real estate agent to sell a house fast.
What’s the secret to finding a good realtor in a short amount of time? Since there are millions of real estate agents across the country, narrow your search by finding those with experience in your neighborhood.
From here, look at the reviews of your local choices. Conducting an interview is a normal component of choosing a real estate agent. You should make it clear that you’re looking to sell your house fast, as your agent may be able to connect you with interested buyers from their network.
2. Drop the Price
Even though you’re in a hurry, you still want a good deal on your home. This is part of the balancing act. The lower you drop your listing price, the more buyers you’ll attract.
But the less you’ll get for the ultimate sale.
If you’re in a hurry, don’t try to list your home out of the competition. Buyers will always prioritize cheaper homes in similar condition.
Since you want to sell a house fast, even competitive pricing is too much. Try listing your home for several thousand dollars under its fair market value. You’ll garner more attention from buyers looking for a great deal.
There’s an SEO aspect, too. Realize that most homebuyers use an online listing service to find potential properties. These websites boast powerful filters to help buyers find homes in their budget.
Rather than listing your home for $250,000, knock it down to $249,999. It sounds silly, but this will keep your listing in a relevant search bracket. Buyers looking in the $250,000 to $300,000 range are likely looking at the high-end, glossing over your property completely.
You can continue lowering your price the longer it sits on the market. Need to sell the home in two weeks? You may want to drop the listing by $10,000 after the first week to make it more enticing.
3. Time the Market
Since you’re in a hurry to sell your home, you probably don’t have the luxury of waiting for the ideal sale time. Every passing month is another mortgage payment.
But if you’re lucky enough to wait — perhaps because the home is paid off — then it may be in your best interest. The real estate market ebbs and flows like any other industry.
Spring and Summer are the best seasons for home sellers because there are plenty of buyers on the market. If you want to get really specific, May 1st to May 15th is the best timeframe to sell a home. Homes sold at this time sell six days faster and for $1,600 more.
4. Keep It Clean
An open house is a great opportunity to convert potential leads into actual buyers. But there’s a small problem. The home is cluttered or filled with personal effects, hiding the beauty of the home.
So what do you do? Well, your first step is to declutter. Take this time to donate or trash items that you don’t need.
Still, the odds are good that your home is filled to the brim with stuff. You can’t exactly hide your extra belongings in a closet or the basement, since potential buyers will want to see these rooms, too.
Instead, consider renting a storage unit to hold your possessions until you land a sale. If you inherited the home, you may not know all the belongings that hide within. Read our guide and learn to deal with family possessions.
5. Make a Professional Listing
Once everything is clean, you’re ready to show the property to the world. Take excellent pictures yourself, or with the help of a talented photographer. You want these to be as flattering as possible for the online listing.
In addition to great pictures, you’ll want an excellent description, too. Think about all the little details in the home that your buyers would enjoy. Features like a fireplace and wood flooring are sure to draw attention.
But it’s not just the inside that counts. Include information about the neighborhood, such as the high-quality school district. Combined, these options all beautify a home and make it more attractive for buyers.
I Want to Sell My House Fast!
The traditional real estate model is not only lengthy, but it takes a lot of work, too. Let’s say you just inherited a home. If you live thousands of miles away, how could you possibly put any work into the property?
Whatever the case may be, you’re thinking “I want to sell my house fast” — and without the hassle. If you’re in the Pueblo area, then you’re in luck. Get a cash offer today for your home in as few as 7 days.