Buying a home is one of your life’s most wonderful experiences - but it doesn't’ always work out. There are a variety of reasons why you might have to consider selling up and moving on somewhere else. A job loss, a death in the family, bad debts - the list is endless. The trouble is, the market doesn’t always want to play nice, and it might make it hard for you to achieve your goals. There are, however, some smart tactics you can use to ensure that you can sell your home in any economic situation - let’s take a closer look.
Make it presentable
First of all, it is nothing less than essential to make your house look like a home. Of course, there are no guarantees that it will sell on this alone, but you will scare off potential buyers if they cannot imagine living there. It needs to be homely, welcoming, and free of clutter. If you have the funds, it’s worth installing a new bathroom, kitchen, or both - sorting out these areas can increase the desirability of the place. If you can create a good impression and show people why you love your home, there’s a much greater chance of you tempting someone to make an offer.
Depersonalize
When you are looking for a new house, what is your thought process when you attend a showing of a potential property? In the vast majority of cases, people like to buy a home that they can start living in straight away, without a whole bunch of repairs or renovations. But it’s also important to create a soothing, neutral, and depersonalized space. The blunt truth is that family pictures, your DVD collection, or your children’s toys strewn everywhere will put people off, rather than tempt them to make an offer. Always show your home as if you were a landlord, and keep your personal items out of sight - and mind.
Use a speedy home seller
If you are in a genuine rush to sell your home, you could consider using a house buying company. According to SellHouseFast.com, this type of business will buy virtually any home out there, which can help households who need to free up cash for financial reasons. However, be aware that you will often get less than the market value - it’s the price you pay for getting the deal done within a week or so - and maybe less.
Competitive pricing
Price your home way over the top, and you won’t attract buyers - it’s as simple as that. It can take months - or even years - to sell if you aren’t prepared to get people interested. Offering your home at a competitive market price, however, will tempt a lot more people to place a bid. The quicker you get people making offers, the more likely it will sell within your desired time frame.
Sweeten the deal
Finally, is there anything you can do for a prospective buyer that could sweeten their deal? Investopedia.com recommend you offer them a helping hand with their closing costs, for example, or offer a transferable home warranty. Even offering to complete some general repairs might help them make a faster decision.
We hope you are never in the situation where you have to sell quickly. But, if you are unlucky, these tips should help.
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