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4 Tips To Help You Sell Your Property Faster
While buying property is a cumbersome task, selling your property right and fast is no piece of cake either. It takes several months, sometimes years to find the right price for your property. Selling your home can also be surprisingly time-consuming and emotionally challenging, especially if you’ve never done it before.
At a time when the real estate industry is at its lucrative best, and property visits have become much easier, thanks to virtual real estate viewings, selling a property continues to remain a major concern.
There can be many reasons behind someone selling their property, for example - urgent need of funds, getting tired of the same old place, job relocation etc.
At times, selling a house may feel like an invasion of privacy because strangers will come into your home, open your closets and cabinets, and poke around. They will criticize a place that has probably become more than just four walls and a roof to you, and, to top it all off, they will offer you less money than you think your home is worth.
With no experience and a complex, emotional transaction on your hands, it’s easy for first-time home sellers to make lots of mistakes. However, with a little know-how you can avoid many of these pitfalls. Here are some self-help tips which will help you sell your home and sooner than you expect it to.
Spruce Up the Property
Generally, a well-maintained property gets the attention of buyers much quicker than a shoddily-kept property. When a seller decides to put a property on sale, he/she must consider applying a new coat of paint within the apartment or on the exteriors as well. In order to attract attention and to make your home more memorable, consider custom designs or additions, such as landscaping, high-grade windows or a new roof. This can help improve the home's aesthetics, while potentially adding value to the home. However, while it can pay to spice up your home, don't overdo it.
Declutter Your Space
It’s hard not to accumulate stuff after being in a home for a few years. But, most people don’t have the vision to see past things like ill-sized furniture and clutter that makes the home look smaller than it actually is. And no one wants to step into a house that appears to be messy or disorganized. If you want to sell your house quickly do yourself a favour and clear out your space so the flow and square footage of the home is easily seen and highlighted.
Price Your Property Right
Nothing kills a real estate deal faster than an over-priced property. We understand that you have an emotional connection with your home and you’re selling years’ worth of memories, but that’s not how a homebuyer will see it. Choose a price that will get motivated buyers into the door quickly. If you price your home aggressively you may even create a bidding war and drive the overall sale price up to where you wanted it to be in the first place. If you have chosen a strong real estate agent then trust them to guide you to the appropriate square footage cost. This is not to say that you shouldn’t participate in the price decision.
To Hire or Not to Hire an Agent
Although real estate agents command a hefty commission, it’s probably not a great idea to try to sell your home on your own, especially if you haven’t done it before. A good agent will help you set a fair and competitive selling price for your home, increasing your odds of a quick sale. They can also help tone down the emotion of the process by interacting with potential buyers and eliminating those who only want to look at your property but have no intention of making an offer. Your agent will also have more experience negotiating home sales, helping you get more money than you could on your own. And if any problems crop up during the process – and they commonly do – an experienced professional will be there to handle them for you.
Following these 4 tips will definitely help you make a good sale and faster than what you expected. However, given its popularity in the current scenario, you can also always go in for virtual real estate viewings and do your own virtual open house. This will give homebuyers a peek into what is on the table and those interested can contact you later for a personal site visit if required. Although, make sure you consult a good agent before you hold that virtual visit.
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