To make the sale of your house as quick and painless as possible, its best to make sure that you are prepared well before you think about putting it on the market. These top 5 tips will help you make the sale a lot quicker.
Price your home to sell
When there is a flood of buyers in the market and when the lenders are providing competitive rates then the sellers can ask for above market prices and still manage to sell quickly.
But with recent rate increases and when the market slows down you need to think carefully about how your house is priced. Do your research. Find out what the houses in your area are selling for and what they have sold for in the past. Get as many comparables as possible. Get estate agents opinions. Then make an informed decision. To get the attention of prospective buyers, price your home at the bottom end of your comparables. This will capture their attention and at least get them through to the view stage.
Don't force your bad taste on others
Most of the home staging programs on TV drills home the point of neutralising the colours scheme. This is a proven technique to get more buyers interested in making a good offer. You need to assume that the prospective buyers have no imagination and can't see beyond the garish colours. Help them project their own colour schemes by only using light colours on walls and ceilings like cream, beige, magnolia and white.
Lose the junk
Get rid of the junk. Don't treat the viewing like an assault course. Buyers don't want to step over old newspapers and slip over dog droppings! Clear or store away any items that detract from the viewing. You need to give each of the rooms the feel of spacious living. Remove any over sized furniture that make the rooms feel claustrophobic.
Fix your house
Leaking toilets, broken windows, loose tiles all give an impression the house is high maintenance nightmare. Get round to fixing them. If you don't have the time then get a handyman to do it. You will lose more value on the house than the cost of fixing the problems. Don't give the buyers ammunition to reduce the asking price.
Be ready to move
Be prepared to move within a short time frame. Have all your plans in place. Get quotes from removal companies and short term storage sites. Be prepared to rent a home for a short term so that you are not involved in a chain. This can be off putting for buyers.
All these things will make your home a much more attractive prospect than the competing homes in your area.
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