Selling a house fast and for a good price is a tough challenge. If you are capable of making and closing a deal within 4 to 5 weeks, you can consider yourself lucky. These days, It is very uncommon to sell a house for cash within such a short period of time. In most cases, houses stay on the real estate market for months, without any offers. More often than not, house owners are forced to substantially lower the prices in order make a sale.
Real estate agents
In order to sell a house for cash, as well as reach a reasonable deal, the first thing you should do is hire a good real estate agent. Letting an expert handle this job is your best option of making a good deal. An experienced agent possesses all the necessary knowledge and skills to promote your house in the best way possible. Not only this, but one will also advise you on the best methods of preparing your house for a sale.
Online real estate buying agencies can also greatly aid you in selling your house for cash. Their expertise and practical experience will guide you in regards to the most effective selling techniques in your area. They will also connect you with a large number of those who are interested in buying houses and aid in reaching a deal. These agencies are fully aware of all the ins and outs of the modern real estate market. Additionally, they can also aid you by placing the right selling price for your property, guiding you through the entire process, as well as giving you concrete recommendations for improving your chances of selling the house. Most of these will buy your house, as well.
To make a fast and profitable deal, you will need to do the following:
1. Prepare your house
Start by making your property look more interesting before showing it to potential buyers. It is well-known that proper home staging can substantially increase your chances of selling your house fast and for a good price. Make sure your house is in the best possible shape. If necessary, conduct any repairs and remodeling. The more attractive your house looks, the easier it will be to sell it. It is as simple as that.
2. Set an appropriate price
Another crucial aspect of selling a house quickly is setting the right price. Many people and some agents usually make a common mistake of pricing their houses too high. They falsely believe that by setting a high price, they will be capable of keeping the price manageable after various offers and counteroffers.
Before you start showing off your house, make sure to start with an average price, instead of your preferred net gain. To come up with a reasonable price, try taking into account the current market trends, the fair market value, and the latest selling prices. Whatever you do, do not set your price significantly above the average price of houses in your local community.
3. Offer attractive incentives
If you want to make your house even more attractive, make sure to offer certain incentives. These are excellent alternatives to reducing your initial price. It is highly likely that you will come across some potential buyer, who just needs a small extra boost. in order to purchase your property. You can encourage such a buyer by offering to handle all the closing costs, for example. In addition, you can also consider adding some extra decorations or including some of your home appliances and household items in the overall price.