So you need to sell your home quickly. Maybe you’ve taken a job out of state, maybe you’ve already bought another home, or maybe you’re behind on your mortgage payments. Whatever the reason, there are definite steps you can take to make sure it sells quickly.
You want to sell your home fast? Great, then price it to sell
In the state of the current market, most homes will sell in the first week or so if they are priced accurately. However, homes that are priced too high will not generate offers even if the seller is negotiable. The trend we are seeing is that many buyers only want to submit offers when they feel the home is priced accurately. This is a big change to how things use to be just three years ago. With this in mind, if you want to ensure a quick sale then do not price the home high in hopes of finding the right buyer. Truth is, correctly or even underpricing a home often has a better chance of generating a higher sales price as it leads to bidding wars.
Be flexible on terms
There are more terms in an offer than just the sales price. You may want want more or less time to move out, or maybe you don’t want to do any work so you want buyers to accept the home in “as-is” condition. The more restrictions you put on buyers the less there will be looking at your home. By giving buyers more freedom with their offers, they will be more incentivized to purchase your home. While this may not always give you the best overall terms or be in your best interest, it will help get the home sold quicker. You must analyze your situation to determine what is worth conceding and what is not.
Listen to the advice of your real estate agent
Your agent has a legal obligation to represent your best interests. Be up front and communicate well with him or her. If your goal is a quick sale, then listen to his advice on how to accomplish that and take the advice. Plus, most real estate agents only get paid when the deal closes. Therefore, if you’re asking how to make sure the home sells quickly, then you better believe that your agent will be incentivized to tell you the right steps to accomplish that goal.
Are you looking to sell your home?
Whether you’re looking for a quick sale or want to try a more optimized price, real estate agent Steven Johnson would love the opportunity to interview to be your next Realtor. Steven has over 8 years of experience selling homes all throughout Chicago’s Northwest suburbs and Southern Wisconsin. He has proven methods and marketing plans to ensure that the right buyers see your home. Give Steven a call today at (847) 525-6121 to get started or CLICK HERE for a free estimate of your home’s value. Also, feel free to scan the QR code below for a free estimate of your home’s market value.