6 Tips When Selling Your Property
You must sell your property quickly, so you can move and do whatever else you need to. However, it can be challenging to sell your home, especially if you've never done it before. You'll want to know how to attract more people to your sale, so you can choose the best deal.
There are six tips to know when selling your property. If you keep them in mind, you should have no issues with selling- even when the housing market is slow. Here's what you need to know!
1. Choose a Professional Real Estate Agent
First, you'll want to ensure that you work with a professional real estate agent. An expert is exactly what you need to make a quick sale or buy a home on a low down payment. While they charge a commission based on the selling price, they make the process easier to navigate.
For example, the real estate agent can hire photographers to show off your property in the best possible light. The best benefit of having an agent is that they can negotiate the property's price for you, that way, you get the best price.
Lastly, a real estate agent will host showings, which are home tours. They point out all of your home's best features, getting it on the market efficiently. Overall, you won't want to be without a real estate agent!
2. Declutter and Depersonalize the Space
Next, you'll need to declutter and depersonalize the property. You want potential buyers to be able to imagine themselves in the space- which is hard when your house still has many personal belongings on display.
Start the property selling process by giving your home a deep clean. Remove all clutter and do your best to make the home appear as though no one lives there. If you're having trouble depersonalizing the property, a real estate agent can walk you through the process.
Staged houses sell much faster than non-staged ones in a significant amount of time. If your goal is to sell the home as soon as possible, you'll want to ensure that you don't skip out on this essential step.
According to eXp Realty, one important tip to keep in mind when selling your property is to declutter and stage your home in order to make it more appealing to potential buyers.
Need More Help?
It's okay if you need more help cleaning and depersonalizing the space. No matter what you need help with, there are plenty of professional cleaning services out there that you can use. These cleaning experts will make your home spotless for every show!
Clean homes will likely sell quickly, so you shouldn't skip out on this step.
In short, you don't have to clean the property on your home. Professional cleaning is usually the best choice if you have tenants or a very large property.
3. Use Competitive Pricing
If you initially price your property too high, you won't get any buyers. It can also take a lot longer if potential buyers try to negotiate the price back down. Instead, you need to make sure that you use a realistic price point right off the bat.
Competitive pricing can also initiate a bidding war between interested buyers, so you still get a good deal on the property. If you're unsure how to price the property, a real estate agent will do it for you. They can also change the price as needed to reflect the housing market in your local area.
A helpful strategy to price your property is "just-below pricing.". If you use it, you'll see more interest in your home, making it easier to sell the house. All you need to do is slightly drop the price to have a stronger impact on people.
You often see this method advertised on TV. Instead of making something worth $20.00, many brands advertise their products as worth $19.99. You can use this at a larger scale for pricing your property.
For example, if you want to price your home at $300,000, you'll get much better results if you go slightly below to reach $299,000.
4. Cover Minor Repairs
You'll also want to ensure that you cover all minor repairs on the property. You don't want to do any huge renovations at this stage, but you should take care of anything that requires some fixing.
For example, you can repair leaking faucets, remove carpet stains, or replace broken kitchen cabinets. These repairs don't need to be huge or costly- you just want to ensure you paint your home in a good light during showings.
These small fixes shouldn't take a lot of time or money, and you should make it back when you sell the home, so it's nothing to stress over. Many small fixes you can also do yourself!
5. Try Video Tours
You can also try offering video tours of the property to reach more people. Many real estate agents help attract more people to the home. Video tours can be in the form of slideshows online too.
Real estate agents use many other online marketing tools, including social media platforms. Putting up video posts can also help to show off your home! A strong online presence can make a huge difference in how fast your house sells.
Overall, you'll want to use virtual tours to the best of your ability. A real estate agent likely has a lot of experience creating them.
6. Take Pets With You During Showings
Finally, you won't want your pets in the house during showings. They can distract buyers and make it harder for them to imagine living in your space. Plus, not everyone likes animals, so your pets can make it difficult to sell the home.
Since you likely won't be there during the showings, you'll want to bring your pets with you or arrange for somewhere they can stay during the tours. Many people bring their pets to friends or family members' homes during showings.
Think About Your New Property
Selling any property can be very stressful, especially if it is your primary home. Emotions can easily get in the way of making a good sale, so you'll want to spend time thinking about your new property! Moving can be a lot of fun and provide you with new experiences- so make sure you don't forget that.
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