Wanting to advertise your home online and sell your house quick? Maybe you have a mortgage that’s about to change to a higher rate. Maybe you have a new job and are moving a.s.a.p.? If you need to sell your house quickyl in this market, you can. Read on for our 5 top tips for selling your property.
1. Reducing the Price Little by Little.
There’s nothing that smacks of desparation as much as continual, small reductions in the asking price of a house. The longer a home is on the market, the more stale it appears. If a house has been on the market for an age, it means that many potential buyers have seen it, and rejected it. Potential buyers know that a house has been on the market for months - it’s easy to find out. Why would anyone else bother to look, if they know that it’s been rejected by the market? The most popular homes for sale? The newest and cheapest. Why not be both at the same time? Then you’ll have no problem selling your house quickly. Have a look around your local market, and find homes that are similiar to yours - number of bedrooms, bathrooms, size etc. Then slash your price 10%. Which one would YOU buy? Want to sell your house quick? Then put it on the market for a great price you can afford.
2. Waiting It Out for the Market to Turn.
You might feel like you want to ‘wait it out’ for the market to turn…and so is everyone else! There are thousands out there. When the market does eventually turn, there will be an explosion of housing put onto the market, and competition will be even fiercer. If you want to sell your house quick, drop your asking price 10%, take the profit and move on! When’s the best time to put your home on the market? NOW!
3. Showing a Cluttered home.
Don’t waste your time showing people a cluttered home. Buyers can’t see past your clutter, and they can’t see the size of the house. People don’t want to see your charming family photographs remember - they want to visualize their new property - without you in it! So keep all pictures and unique family heirlooms out of sight. Ask a friend to hold onto your photographs and clutter for a few weeks and let your house sell itself.
4. Not accepting the First Bid.
We see this happening again and again in the market. The seller gets the first bid in and thinks ‘Yes, that’s the first one - I knew this was a great buy!’ They’re filled with confidence. The first offer isn’t amazing, you thought you’d get more, so you decide to let the offers come rolling in and create a bidding war. In this market - big mistake. Research shows that 2 out of 3 times - the first bid is the best. Don’t be tempted to get greedy. A bird in the hand, remember? Sell your house quick - take your profit, be happy and thankful, and move onto your next home - it really is that easy!
5. Create a buzz
The more people you let know about your house sale, the better. Your aim here is to get as many people through your door as possible. Let everyone know. How to do it? Advertise. You can advertise online, and you can also do some footwork. Why not print up some flyers? Let everyone in your neighbourhood know that your house is for sale. How many houses are there in your neighbourhood? Leaflet drop as many people as you can. It’s easy - ‘House for Sale’ at the top, a picture and the address. You can put the date of your open day too. You’ll get the calls. It’s highly likely that someone in your neighbourhood will be interested in another nice property in their area. Maybe they’re looking to upgrade? You never know. Why not hire an inflateable house for your lawn? Stick a sign on it - organise an open day. Word of mouth can work wonders for you.
You can also offer financial incentives. People sometimes need an offer of something ‘extra’ to get them through the door, for that extra appeal. Think outside the box. What can you come up with? In the U.S., you could offer to pay for the taxes for a year. What about gardem maintenance for a year? Could you offer to pay for closing the deal with lawyers? Maid services for a few months? What are the costs that you would like to be offered when buying a house? All neighbourhoods are different, so think what applies to you.
Make your advertisement different. Stand out from the crowd. Sell your house quick!