In a hurry to sell your home? Here’s how to make sure you give yourself the opportunity to snag the best price in shortest amount of time.
1. You have to seriously undercut the competition – Selling a home in a down market almost inevitably means settling for a disappointing price. But to unload your home fast, you’re going to have to dip 10% to 15% below what comparable homes in your neighborhood recently sold for. You still may not be able to compete with foreclosures and short sales, but at least you stand a chance of getting buyers to notice your listing.
2. Outside fixes have the biggest impact – Since your house won’t be cheaper than the distressed property down the street, it has to look much better. But you may not have the time or money to redo the kitchen, so focus on cosmetic improvements that will bring the most buyers to your door.
Spending $1000.00 can go a long way toward improving your home’s exterior. Get the outside of your house power-washed, paint the door, replace the knocker and kick plate, and hire a gardener to give your yard some TLC and add some coloring flowers.
3. First-timers are your friend – The most efficient way to market your home is to target the most likely buyers.
The average age of the first time home buyer is 30, and to boost your chances of reaching today’s buyers, you need to think outside of the traditional box. get yourself a snazzy online presence and spread the word through social networks like Facebook and Twitter.