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How Do I Sell My House Fast?

Mar 7

No matter what’s going on with the housing market, selling your house fast is always a top priority. You’ve got places to go, people to see, jobs to start But more importantly, you want to get the most value from your home sale as possible. The longer a house sits on the market, the more likely you are to get a lower offer or have to reduce your price to attract buyers. You can find all kinds of advice on how to speed up your home-selling process, but be careful—some of it can be really freaking stupid. We’ll give you the best tips to sell your house fast and for a good price. To be clear, we’re talking about how long it takes to sell—meaning to go from listing to contract. And it can be different for everyone, even next-door neighbors with nearly identical houses.

Find the top real estate agent in your area: There’s a real difference I need to highlight here among real estate agents. While I have nothing against them personally, here’s the truth. Most agents are well-intentioned. They certainly have every intention of selling your home for top dollar. And they want to sell it fast. But is that usually the case? Not often. Most lament that realtors don’t quite do their job. The whole list-it-and-forget-it compliant — meaning your realtor puts up the listing and puts zero effort into showings, open houses, or walkthroughs — seems to take center stage. And rightfully so. You’re giving up 6% of your home price at the end of the day. Roughly 1.54 million of those are licensed agents, according to the National Association of Realtors. But a very small portion of those licensed agents actually makes money. Please go here to this link to sell my house in cash and get a top-quality house buyer.

Price your home right: It is super important to price your home correctly right from the beginning. Not only will this allow you to sell your home faster, but it will also help you get more money too,” shares Alex Glaser, a real estate agent in Richmond, Virginia. Glaser recommends that sellers put themselves in the shoes of a buyer. “Say the house across the street has been for sale for five months. Would you offer full price?” he asks. Buyers are less likely to get into a bidding war over a house that has been on the market too long, so price competitively from the beginning.

Transfer your mortgage to someone else: Okay, the last way to complete a quick sale of your home might be to transfer your mortgage to someone else. But it also means that your mortgage must be assumable by someone else. You’ll need to read your mortgage docs to figure this out. But if it is assumable, then you’re in luck. This could even mean that you could stay in your home and rent it. Is this a common scenario? Keep in mind that whoever the new “borrower” is, they need to qualify for that mortgage. And that might take some hoops to jump through. And if you’re truly buried in debt and can’t make your payments, it might not be the fastest way to get out of your home. But it is an option. How long does it take? Again, it all depends. Contact your bank and see if this is even a thing. 

Improve the curb appeal: Whether the potential buyer sees the home online, or does a drive-by, the first thing they see is the exterior of the house so it is vital that it looks as best as it can,” advises Marcia Mack, realtor, and broker in the North Shore areas. She says that the first thing to focus on is to give the exterior a well-maintained look by removing weeds and debris and trimming the lawn and bushes. “Some homes would benefit from having a couple of potted plants or shrubs, a sculptural item, and maybe a bench or chairs,” Mack says.

Dramatically reduce your price: Look, you can’t change the location of your home. You just can’t. But you can change the price. And depending on the temperature of the real estate market, dramatically altering your price can seriously speed up the process. I’m not talking about a small price shift here. I’m talking about a major change in the asking price. If you’re listed at $400,000, dropping it to $350,000 is a dramatically lower price. Dropping it by $5,000 won’t do much for you here. What most people like to do is to remove the home from the MLS and relist it again. That’s well and good, but there is a history created on your property. Anyone can see the number of days it spent on the market. 

Be flexible with showing times: It can be a challenge balancing showing your home alongside a busy work and family schedule. However, if you can make your home available to see at any time for two weeks, there is a greater chance of it moving off the market. Seth Phillips, the president of SP3 Realty agrees, “The easier it is for agents to show a property, the more it will get shown. The more showings, the more offers. The more offers, the higher the offers.” Check out these 10 funniest moments realtors have had while showing houses.

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