All home sellers wish they had a crystal ball that would allow them to see how long it will take their house to sell. Knowing that information would be incredibly helpful as they go through making plans on where to go in the future.
While most home sellers want to sell quickly, some might not be prepared if their house sells within the first week. Although every case is different, these five keys can help home sellers determine if your house will sell fast.
This is one of the best ways to control how long it takes your house to sell. If you are ready to sell, but aren’t in a rush to have it done then you can afford to price your house on the high side. This will keep some buyers away, but if you find one that makes an offer anyway there is a good chance you will end up settling on a higher sale price. The extra funds can come in handy if you have to rush to move out faster than you thought.
On the flip side if you took a job in another city and are making two house payments you probably want to sell your house fast. If that is the case the lower you price your house the faster it will sell. Some real estate pros recommend listing your house just below market value. Buyers are educated on the market and can spot a good deal. This could lead to multiple offers on your house, or at the very least a quick sale.
If you are unwilling to negotiate it will take your house longer to sell. However, if you will work with buyers to reach a place that works for both parties you can get your house sold faster. Remember to leave your emotions out of the negotiation process.
The majority of buyers are now looking at houses online before even speaking with a real estate agent. That means your listing photos are crucial. Not only is it important that you have photos, but you need to have the right photos if you want to sell quickly.
Your house should be “show ready” in the photographs. Professional real estate photographers are worth the expense if you want to sell fast because they know the right angles and lighting to use to show-off your house in the best way possible.
The current market will play major role in setting your asking price. In a seller’s market you can afford to list a little higher because there is less inventory on the market that you are competing with. However, during a buyer’s market you need to really work to make your house stand out from the crowd.
You need to have good communication with your real estate team. If you need to sell your house fast, then you need to communicate that with them. There are different strategies for selling a house based on wanting to sell for top dollar or wanting to sell fast.
Home sellers have more control than they realize over how quickly their house sells. Knowing the market and putting in place a solid strategy can make all the difference. When you are ready to list use these 5 keys to help set the pace for your sale.