Are you thinking about selling your home? Are you worried if you can sell your home quickly for the highest possible price?
Selling your home can be one of the most important yet stressful thing you will do in your life. A lot of concerns might come up to your mind such as how to price your property, how to sell it quickly and how to maintain control during the home-selling process.
All of these are concerns that you should deal with ahead of time before selling your home. Here is a list of 5 killer tips that are proven to be effective in selling homes and making the most money out of it.
1. Get the Price Right from the Start
This is the most important decision you will make when you decide to sell your home. Spend enough time thinking about the price of your property. If the price is too high, there’s a bigger chance that buyers will not be interested and this will leave your home too long in the market. This will make future buyers think that there might be something wrong with your home. If the price is too low, you will not be getting as much money as you could.
The best thing to do is to figure out your home’s true market value and then decide on the highest possible price the buyers are actually willing to pay for a home like yours. Before setting your price, remember to leave a room for negotiation.
2. Find a Good Real Estate Agent
“I am basically a full-time psychologist who shows houses every now and then.” -Dori Warner
It is undeniable that real estate agents are experts in their field. They have many experiences in the home-selling process that is why they know what a buyer wants and how a buyer thinks. You can start looking for a good real estate agent by researching the market, asking your friends about who they recommend, and then interview multiple agents before hiring one.
Also, you might want to offer a bonus to your agent when they sell your home. This will surely motivate them to work a little harder to sell your home for the highest possible price.
3. Impress the Buyers
“Buyers decide in the first eight seconds of seeing a home if they’re interested in buying it. Get out of your car, walk in their shoes and see what they see within the first eight seconds.” -Barbara Corcoran
You can probably agree with that quote since you were also a buyer before. To build a strong first impression, you need to do two things. First, increase the attractiveness of your property and its surroundings when viewed from the outside. This can include the landscape, the front entrance and even the condition of the paint of your home. Second, move inside and make your home appealing to potential buyers by doing necessary improvements.
According to the National Association of Realtors’ 2017 Staging Stats report, the most common home improvement items agents recommended to sellers were decluttering the home (93 percent), entire home cleaning (89 percent), carpet cleaning (81 percent), and removing pets during showings (80 percent).
4. Be Honest About the Imperfections
Everybody knows that every home has its own strengths and weaknesses. Don’t try to hide any defects or issues from the buyer. It is important that you talk with your agent ahead of time on how to sell your property to potential buyers and other agents while being honest with your property’s weaknesses. Doing this will save everybody’s time. The buyers will most likely appreciate it if you will tell them in advance about the weaknesses of your home.
5. Get to Know your Buyer
You will surely want to have the upper hand in the negotiation process with a potential buyer. How to do that? You need to get to know your buyer first. Knowing important details about your buyer will help you know how far you can push to get what you want. This will also help you maintain control and set the pace. These are some important details you have to know about your buyer.
- Their reason for buying
- If they need to move quickly
- If they have enough money for the price you’re asking