In communities across the United States, housing markets have gone from stagnant to booming. However, in even the most competitive seller’s market, there are things a savvy home owner can do to make their property move fast.
1. List the Property at the Right Price
One of the biggest reasons houses stay on the market too long is the homeowners overvalue their property. Make sure to sit down with your real estate agent and go over the neighborhood comps carefully. Remember that, in booming markets, an attractively priced property may spark a bidding war and glean multiple offers.
2. Boost Your Curb Appeal
Now is the time to make sure your landscaping appeals to the widest possible variety of potential buyers. Work to achieve symmetry by planting a border of shrubs, mulch in areas where deep shade has killed off turf, and use Exmark equipment to keep your lawn looking neat and professionally maintained.
Potential buyers want to imagine themselves living in your space. Make sure that they are able to see the good bones of your house by removing personal knick-knacks and collections. Create a sense of spaciousness by taking out excess furniture and clearing countertops. The more impersonal the home appears, the more potential buyers can imagine how they would add their own decorative touches if the house were theirs.
4. Make Sure the House is in “Move in” Condition
Making sure that your roof is in good condition and your plumbing and electricity are up to code is a great way to ensure a quick sale. Nothing scares potential buyers more than news from the inspector that thousands of dollars of work need to be done. Furthermore, if you complete repairs before the house goes on the market, you have greater control over cost than if you wait until the house is under contract.
5. Offer Buyer Incentives
People love the idea of getting something for nothing. Paying off the balance of your home security contract and offering the balance free of charge to the new buyer, throwing in a pest maintenance warrante, leaving built-in bookshelves or patio furniture that goes perfectly with the style of the home: These are all ways to encourage a quick sale.
In a seller’s market, a fast sale means that you can free up capital to bid on your new home or start living your new life as quickly as possible, giving you the competitive edge.