August 14, 2020
Secrets to get your home off the market quickly!
Once you’ve made the decision to sell your home, you want the sale process to happen as soon as possible! Homes that sit on the market for long periods of time tend to have price reductions and receive lower offers from potential buyers. Also, the thought of paying for 2 homes, if you’ve already purchased a new one, is not ideal for anyone.
We have previously discussed how to sell your home quickly, but we wanted to share a few extra tips and a couple of reminders to give you the best opportunity to sell your home fast!
Price it right
Pricing your home right from the start. Agents typically look each and every morning to see new listings that have just opened on the market and if your home is priced right, they will be bringing their potential buyers right away. A home that is priced correctly will likely receive multiple offers in the first few days and can choose the offer that suits them best. However, a home that is not priced correctly will be bypassed by agents and buyers, and will likely be subject to a price change in the near future. A price change can often insinuate an urgent need to sell, giving potential buyers the idea that you will be willing to entertain much lower offers.
Pre-sale home inspection
Having a home inspection completed prior to selling is an excellent way to take care of any issues in advance and therefore increase the value of your home. It is also a great benefit to share with your buyers, as they can quickly cross one thing off their list and appease their lenders immediately.
Sell when the market inventory is low
Selling your home when there are not many other options available on the market will ensure that your home stands out. Also, keep an eye on the types of homes that are listed. For example: If the market is saturated with 2 bedroom ranchers with a small backyard, but your home is a 2 story, 4 bedroom home with a large yard, it’s definitely going to catch the eye of buyers and is likely to sell faster.
First impressions last a lifetime! This is the first thing your buyer is going to see when they drive up to your home and you want to ensure it shows it’s best. Mow the lawn, weed the garden, add some lighting, and plant some flowers or add some potted plans. Curb appeal is what will immediately attract or turn off buyers from your home, do yourself the favour and spruce this up before selling your home.
Paint the interior walls
A fresh coat of paint will make your home look clean, fresh, and updated. We suggest hiring a professional painter and choosing neutral colours.
The front door is often overlooked, but again, this is one of the first things your potential buyers see. Ensure it’s clean or freshly painted, has ample lighting, and a friendly welcoming touch such as a plant or flowers.
Host at least 2 open houses per week, ideally over the weekend, on Saturday and Sunday. We understand this may be inconvenient for a week or two but its the best opportunity to showcase your home to as many potential buyers as possible.
If people are not interested in your home, ask them why
While it may seem like an awkward conversation to have, this will give you the best opportunity to change, update, or fix something that you may be overseeing that potential buyers are noticing. Remember, do not take their feedback personally, their comments are to help you, not hurt you!
Sell your home furnished
Many buyers look at a home and love the furnishings, they can’t imagine living there without your dining room table and sofa. Being open to selling some of your furnishings can be the perfect way to seal the deal!