In a perfect world, selling your home would be a seamless and breezy process. In reality, it can take a lot of time, effort, patience, and commitment, especially if you’re trying to sell your home without a real estate agent.
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But the clock is ticking, and your patience may be wearing thin. Whether you have already bought another home or want to earn a quick buck from selling a secondary property like a vacation home or a fixer-upper, our guide will help you sell your home as fast as possible.
1. Come Up with a Deadline
The deadline to sell your home starts now, even long before you list it. While you can’t guarantee your home will be sold by a certain date, a deadline helps keep you on track and ensures you take the process of getting your home sold seriously.
Since you’re still in the initial stages, start by prepping your home. Clean and declutter your space, patch up any scuff marks on the walls, repaint or use a touch-up marker to spruce up old cabinets, and complete any home repairs or engage in general maintenance tasks.
2. Work Alongside a Real Estate Agent
As much as you think you know the real estate market, a realtor knows best. When you have a strict timeline or if the market is a bit rough at the time you’re selling, then working with a licensed real estate agent is surely the way to go.
Sure, a real estate agent isn’t required. However, their expert guidance and strong understanding of your local market can best ensure prospective buyers will be interested in your property. No more guessing games when trying to figure out what local buyers want and how to get their attention.
3. Consider Upgrading Parts of Your Home
Sometimes a little clean-up and repair session is not enough when prepping to sell your home. You’re also going to consider any upgrades your home might need to be considered by buyers. Small upgrades can also have the potential to boost your home’s value. Upgrades can range from a fresh coat of paint or updated fixtures to new landscaping or upgraded cabinetry.
4. Be Realistic About the Price
One of the biggest mistakes homeowners make when trying to sell their property is asking for too much or too little. Ask for too much, and buyers will be reluctant to put in an offer. Ask for too little, and you may end up with less than what you deserve.
When you work with a real estate agent, they can help you figure out what the perfect price point is - enough to where you won’t be taken advantage of but not too high to where it’d push people away.
5. Take Quality Photos
Let’s face it, nobody wants to purchase a home when they see a listing with crummy photos. Blurry photos seem careless. Photos of poor scenery can raise red flags. On the other hand, not having enough photos can make a prospective buyer feel as if the current homeowner is trying to hide something. This makes it evident how photos can make or break trust and interest.
Instead, photos should be bright, colorful, clear, and lively. They should accentuate the good parts of the home while also showcasing the lesser parts of the home for transparency purposes, while still painting the entire home in good light. They don’t have to be professional-quality photos, but if you need help in this department, reach out to a pro.
6. Make Use of Social Media
Social media goes beyond entertainment; it’s also a tool. Taking advantage of real estate digital marketing is highly recommended if you want a quick turnaround time when selling your home.
Facebook and Instagram, along with various home listing platforms, are highly recommended to use to boost visibility and interest in your property, which can, in turn, increase leads. Best of all, utilizing social media is a cost-effective and often free strategy - unless you decide to boost or promote your posts.
7. Carefully Consider Each Offer
While picking the highest offer might be tempting, you’re going to want to patiently look over each offer before making a final decision. Money talks, however, so do other factors.
How financially secure is each prospective buyer? Does the prospective buyer’s ideal closing date seem reasonable to you? Are there any risks or contingencies involved with the offer? Is the price ultimately what you want, or are you settling? What would the closing costs look like for each offer? While negotiations can be made, some aspects are set in stone or inevitable.
8. Reach Out to a Legal Expert
While utilizing the services of a real estate attorney isn’t required, it can certainly be helpful. When in doubt, always reach out for legal assistance. Even if you’re confident you can handle it alone, a legal professional can make the process much smoother and less chaotic.
A real estate attorney can help protect you from potential problems when selling your home, can settle any legal disputes during the process, and can review any legal paperwork involved. They can also be present with you at closing as the ownership transfers to the new owner.
9. Close on the Home
Now here’s the time you’ve been waiting for all along: the closing of your home. While it’s certainly a time to celebrate, it can also be a hectic and stressful time. Fortunately, you can make this process easier on both yourself and the future owners.
As some words of advice, keep all documentation organized and remain communicative with all parties involved, including a real estate agent or attorney if applicable. Finalize all aspects of the cleaning and repair process of your home while also getting ready for an upcoming inspection. Once the sale is said and done, release a big sigh of relief and give yourself a pat on the back!
Conclusion
Selling a home isn’t always the fast and easy process we wish for it to be. Sometimes it can take several months, months that we often don’t have. The good news is, you can speed up the home-selling process by following our 9-step formula. That way, you don’t have to wait countless months or hurt financially while you wait for your property to finally sell.
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