Whether you are selling a home you have outgrown or attempting to flip one for profit, it is crucial that you understand the market for real estate in order to sell your property quickly and for the best price. Keep reading for a host of ideas that will help you as you prepare to sell your property.
Have your heating and air conditioning serviced before putting your home on the market to make sure everything is in good working order. Most buyers are not willing to make a huge investment for a new heating and cooling system after purchasing a piece of property.
You should make certain that any information that a potential buyer might be interested in is readily available. Give them the contact information for the contractors you have hired along with a description of their work. This kind of information helps the buyer see how well you maintained your home while you were living there.
Bidding War
Every seller relishes the idea of a bidding war. You will want to get a realistic idea of current selling prices for similar homes in your area. Then set a competitive price to draw a lot of interested buyers. If you can get buyers to engage in a bidding war, you’ll probably sell your home for a much higher price.
Try to sell your old house before moving into your new one if possible. Trying to juggle two house payments while you wait to sell your old house can drive you into bankruptcy. You’ll need enough time to show the house and find a buyer.
Depending on local market conditions and your home’s listing price, you may have to prepare yourself to negotiate a deal. If you want to make a quick sale, remain open-minded, and be willing to take any reasonable offer that you are given. If however you aren’t in a rush to sell your property, make sure that you have gotten the best offer available before signing a contract.
If you’re aiming to sell a home very quickly, then you should price the home at about 10% less than the lowest comparable home in the area. The low price will make buyers interested in looking more closely.
Give counter tops and appliances a thorough wiping. Sweep and mop the floors, and clean the bathroom. Also make sure your kids toys are put away, too. Hide your dirty laundry and do not have clothing on your floor. Potential buyers will be able to concentrate on the positive aspects of the house if they are not distracted by how messy it is.
Remember to pull back the curtains when putting your home on display for buyers. Brightness is a good thing in this situation. Tie back all of your curtains and drapes, and raise shades or blinds. Weather permitting, let some fresh air into your home by opening the windows, which will be attractive to potential buyers.
Try painting neutral shades in your home so that they can picture themselves living there. Do small things that make the house seem homey to buyers: have some scented candles burning, bake brownies and offer them some. People will feel in a much better mood to buy when they can feel the comfort that a new home may provide.
When preparing your home for sale, avoid putting in new flooring unless absolutely necessary. Replacing the flooring can be quite expensive and you won’t even get to enjoy it. Instead, thoroughly clean them and make any necessary repairs, so that they do not reflect negatively on the house.
Adding extra scent to the home prior to it being viewed is an old wives tale that should not be utilized. Some may be overwhelmed or even allergic to some fragrances. It’s possible you may even lose a possible buyer because of these things. However, if you still wish for your home to have an attractive scent, place some lightly scented potpourri on a table in a bowl.
When you’re accepting offers from prospective buyers, you should always try to work with them. You might not be able to get the exact price you want for your home. Ask your agent their professional advice for what is good enough for you to accept.
When selling your home, it is very helpful to ask for feedback after an open house. You could either ask potential buyers what they think, or have them write down their opinions. Take negative comments for making changes so that your house can sell.
The market may be difficult at times. Try avoiding complications by using the tips above. Do everything you can to work out all the little things, and your property will have more potential to move quickly!