You have landed a dream job in New Jersey and have to move there. Or maybe you are upgrading, building or buying a new home and have to sell the old one, or maybe you want to move cities for personal reasons. Whatever the circumstances, you find yourself with the need to sell your existing home. However, selling a home is not always simple, and it can quickly become more complicated if you need to offload the property quickly. An average home sale can take up to 60 days. So, how can you get potential buyers to make offers on your home in as little time as possible? A few tactics can speed up a house sale.
Get an Experienced Agent
You might think you could pull off a sale by yourself, what with the readily available information online. However, nothing beats expertise and experience. Start by hiring a real estate agent. Besides bringing professionalism to the process, an agent understands the market and knows what to do to accelerate the sale. Another advantage is that you can leave most of the grunt work to the realtor. When picking an agent, consider your specific needs. For example, if it's a fixer-upper, get a realtor who specializes in these properties. Note that working with an estate agent typically means paying a 3%-4% commission (or more).
Set the Right Price
When selling a house, it's understandable you want to recoup what you put into it. However, this desire should not cloud your judgment when pricing the property. Overpricing is a common reason for properties to stay for months on the market. Hence, be realistic when setting the price. Conduct market research to learn what buyers are paying for homes like yours. Your agent will help you decide on a price that will have buyers forwarding offers in no time.
Repair Your Home
Small repairs make a lot of difference when selling a house. A quick sale may not give you enough time for renovations. So, focus on fixing those little imperfections that could scare away buyers. Look for leaky faucets, loose tiles, faulty electrical sockets, and loose hinges. If you are good at DIY, the repairs might take only a few days. If you have the budget, upgrade a few things like fixtures and decor.
Declutter and Depersonalize
When showing a home, you want prospective buyers to see everything that makes the place worth purchasing. Getting rid of clutter opens up the house and shows off the available space. Pack and store away stuff you don't use. Remove personal items like family photos to make it easier for buyers to see themselves in the home. Ensure the house is clean and well-staged during showings.
Take Professional Photographs
Potential buyers look at listings before deciding to go any further. Therefore, the impression they get from your listing photos influences their decisions. It might be tempting to take a few pictures on your phone, but that could cost you dearly. A professional photographer will highlight the property's best features to attract buyers. Depending on the estate agent you hire, professional images might be part of the service.
When moving to a new home, building your dream house, or upgrading, Jersey Mortgage Company can help with the loan process. Contact us for a streamlined home loan application process.