Quick House Sale on the Open Market
Quick House Sale on the Open Market
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Home Page > Business > Quick House Sale on the Open Market
Quick House Sale on the Open Market
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Posted: Sep 27, 2010 |Comments: 0
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When you sign with an estate agent you know up front exactly how much money you will lose out of your sale price to pay their commission. What will they do to earn that much money? Well, they will list your home in the multiple listing service so that it will be available for all the buyers in your area to see. A potential buyer may be relocating to your area will need to check ads online, instead of visiting the area. Agents also eat the costs of advertising up front and handle open houses for you if your prefer. They should also be familiar with your area and know how much your home is truly worth on today’s market. But this doesn’t guarantee a quick house sale. If you’re willing and able to do the preparation there’s no reason why you cannot successfully market your own home and keep that commission in your pocket.
Here are some tips to help you make a quick house sale while earning the largest profit margin.
– Price Your Home Right from Day One
Homes that are priced right from the onset sell the most quickly. There are two reasons for this. Number one, the price you choose will attract customers looking to buy a home in that price range. If you price your home too high customers will be expecting amenities or square footage your home does not offer and walk away disappointed. You’ll also be excluding buyers who are looking for a home like yours because they thought your home was out of their price range. Eventually you’ll need to lower the price in order to sell it. By then your buyer will see it’s been on the market for a long time and think something is wrong with it because it hasn’t sold yet. They will then offer you an even lower price because they’ll think you’re desperate to sell it, which at that point you might be! To make a quick house sale you’ll need to be brutally honest with yourself on how much your home is truly worth in today’s market, not how much you paid for it when you bought it, and not how much you want or need it to be worth.
– Hire an Interior Decorator or Home Staging Company
You may think your home looks just fine but because it’s your home you’re not as objective as a potential buyer will be. Property stylists will come in with a keen eye and have extensive experience in getting your home sold. They may suggest you need to do some painting or repairs, but at a minimum they’ll want you to remove all the clutter. Remove personal items such as photographs because they draw attention away from your home. Research has shown that hiring a home staging company make a a quick house sale on average of one third to one half of equivalent properties, while at the same time receiving offers ten to fifteen percent higher than their competition.
– Hire a Professional Photographer
Once you have your home staged and ready to go you should hire a pro to photograph it for your marketing. While the ads with photos are usually more expensive, you’ll reap the rewards because photographs entice a greater number of potential buyers to come out and view your property. As they say, a picture is worth a thousand words! Professional photographers will be able to capture the essence of your home in a way that will have more people interested in your home, increasing the chances that it will be a quick house sale at your asking price.
– Don’t Forget the Garden
Curb appeal is a must! A potential buyer may fall in love with the photos in your ad but when they see the outside it doesn’t match up to the beautiful interior. Research has shown that a potential buyer will get their first impression in the first ten seconds of viewing your home, and they usually see the outside first! What does the outside of your home tell your buyer? A well groomed yard will get your buyer one step closer to making that offer.
– Schedule Open Properties and Advertise in Advance
By scheduling an open property at different times and different days of the week you will enable more buyers to see your home. Homemakers may want to stay home with their family on the weekends because it’s the only time they have together, but can come while the kids are at school. Some people work weekends and late shifts. Open your home at different times and make sure you advertise at least a week in advance. Don’t forget to put up bright signage or balloons so your potential customers don’t get lost on the way to their new dream house!
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Ian Turner -
About the Author:
I’m a British property buyer and have written this article to answer some of the many questions my customers ask me daily
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I’m a British property buyer and have written this article to answer some of the many questions my customers ask me daily
(out of reviews)
