“I want to sell my house quickly.”
Good. You have come to the right place!
Shiny Key Properties specializes in helping families and individuals like you in selling their homes around the Dallas-Fort Worth area.
The aim of this post is to guide you on the different strategies employed by most homeowners when selling their property in this competitive market.
The thing is, if you ask any home seller what their ideal scenario would be when putting their property on the market, the answer 9/10 times is likely to be along these lines – “I want to sell my house quickly, and for a profit.”
But does it always work out that way?
We wish.
How Do I Sell My House Quickly?
You see, if you want to get a quick and profitable deal for your house, you don’t pluck the most ideal figure out of the air, set it as your asking price and hope everything goes according to plan.
Nope.
There are a few strategies you need to follow to increase your chances of a quick sale.
Price your home based on local market value
Everyone wants to sell their home at the best possible price. But the harm in listing your property at a higher rate than the prevailing local real estate market value is that it may end up staying on the market forever because no one will be interested.
Thus, before you make your final decision on the selling price, it is a good idea to do a comparison with similar properties in your neighborhood. You can then set the price of your home informed by this information.
A real estate agent can help you in obtaining correct valuation of your property, if you want.
The goal here is to make your property competitive in order to catch the eye of potential homebuyers.
Assess the current demand for homes in your area
The housing market is often blowing hot and cold and often times, you may not have the luxury of selling when the market is perfect.
It pays to look at the current demand for property in your area to determine how fast, on average, your house may end up sitting on the market.
One important thing to note is that buyers are mostly interested in properties surrounded by all the essential amenities. Homes located in neighborhoods with good transport, reputable schools, low crime rate, hospitals, shopping facilities and recreation facilities such as parks tend to attract high rates.
Conversely, homes nestled far from urban centers and in areas devoid of favorable ratings in the aforementioned categories are not likely to sell at attractive prices.
Choose an appropriate sale method
If I want to sell my house quickly, one of the most important things I’ll need to make a decision on regards the sale approach to adopt.
This has a huge bearing not just on the profitability, but also how fast the home ends up selling.
You can choose to sell your home by yourself through a process referred to as For Sale By Owner (FSBO) or enlist the help of a reputable real estate agent. Another option is to sell your home to a real estate investor, aka cash house buyer.
Each approach has its own benefits and downsides – you can get more comprehensive details of this in this post we covered earlier.
Any homeowner who finds themselves in a “sell my house quickly” situation may want to go with the real estate investor method. This is because you stand a higher chance of closing out the deal in a matter of days, as opposed to months.
If you are fortunate enough to be selling your property in a seller’s market, FSBO may be the better option. Reason is because buyer demand is high in a seller’s market and your property is therefore likely to fetch at a more attractive price.
You can always take professional guidance from an experienced local agent if you are not sure.
Stage your home to appeal to more buyers
If you are listing your home for sale, you will need to carry out necessary repairs and/or remodeling before selling. Nobody wants to buy a dilapidated home, and even if they did, a poorly maintained home only serves to bring down the property’s value.
The one buyer who will be willing to purchase a home with visible problems is a cash house buyer.
And while they may not be snapping up the property at the prevailing market price, he/she will get the cleanup/fix-up problem off your hands.
Be responsive to potential buyers
If you are selling your home FSBO or through an agent, you will need to make time for when potential buyers come calling for house viewing considering not many people will buy a house without inspecting it first.
You don’t have to accompany the prospects if you are selling through an agent, but make sure to take some time out of your tight schedule to get regular feedback from your agent regarding the potential buyers.
If you want to sell your home quickly, you must be ready to make adjustments as needed and invest enough time to prepare and plan for it. And, of course, answer all calls and messages about your property.
Home selling is not the easiest of tasks to undertake. It can be frustrating at times, and dealing with some buyers can be a real pain in the neck.
By following these essential tips, though, hopefully you will be able to get ahead in the game.
I want to sell my house quickly in Dallas-Fort Worth
There are times when selling your house the traditional way (aka through an agent) is not the best option for everyone. It comes with its fair share of pitfalls despite the fact that the agent takes most of the load off your shoulders.
The hustle and cost of cleanup and repairs, for example. Or signing a contract that ties you to an agent for a certain period. The ton of paperwork involved, never mind shuffling papers back and forth between agent, buyer and you, the homeowner. Even finding a reliable agent who will make good on their word (of selling the house quickly).
If you don’t think the stress, months of waiting and agent fees are worth it, perhaps you would be best dealing with a cash house buyer in Dallas-Fort Worth.