In real estate, some homes sell quickly while some homes stay on the market for months, or even years. While no real estate agent can guarantee when a property will sell, there are some things you can do to help shorten the time that your home is for sale.
Before you list, make the necessary repairs to make the home look “as new” as possible. Most buyers are looking for a home that does not need repairs and is in move in condition.
If the home is outdated, consider remodeling to bring the home up to date. When there are several homes for sale in the same market, buyers often choose the most updated option.
Consider updating the landscaping to give the home more curb appeal. Also, lawn maintenance is important. You should keep the yard groomed and free of clutter. You never get a second chance to make a good first impression.
When it comes to the listing price of your home, you should price it to sell based upon what is selling in the market and not what you paid for it or the profit you wish to receive. Your real estate agent has the knowledge base to know the market conditions. If you insist on pricing higher than what is suggested, you may not sell your home as quickly.
Sometimes the cost of insurance for the property hinders a sale. It may be too expensive for a prospective buyer. Consider ordering a “wind mitigation” survey to determine if your home is eligible for credits that will result in lower insurance premiums.
Unique floor plans that only work for a few people can be troublesome. If the floor plan is an issue, make the existing floor plan as “inviting” as you can including changes to furnishings.
Sometimes, the sellers make it difficult to show houses to prospective buyers. You should try to stay as flexible as possible in regards to viewing times. If the home is not available when the buyer is available, then they will move on to the next home. In addition, keep the home clean and free of clutter. This helps the prospective buyer visualize themselves in the home.
If there is very little demand due to the economy, consider leasing your home if you believe the market will change in the future. Otherwise, you may have to make the hard decision to sell at a lower amount than you anticipated.
List your home with a realtor that is knowledgeable, experienced and ready to work for you. Your realtor should be able to show you what needs to be done to present your home in the best manner possible. In addition, he/she needs to have the ability to market your home and protect your best interests during the listing and sales process.