To ensure that you can sell your home in a down market, there are a few techniques that you should utilize. First off, realize that it is possible to sell your house in a poor housing market. People do it all of the time. You simply need to approach the situation differently and with some knowledge. In this article, we are going to teach you everything you need to know about how to sell a house in a down market.
Be Willing to Negotiate – More times than not, you won’t receive the amount of money that you’re asking for. When people come to look at your home, they’ll often make an offer that is lower than what you’re asking. To sell my house, and quickly, you should be willing to at least consider what offers you have on the table. Before making any final decisions, check comparable homes and determine whether or not they are selling for the same price. Be flexible and be willing to negotiate a price that you are both happy with.
Decorate the Exterior – While it is a good idea to decorate the interior of your home, you will really need to decorate the exterior if you really plan on attracting attention. The outside of your home is basically the first impression of an interaction. If you can show someone that the outside of your home is well kept and nicely designed, they’ll almost certainly want to check out the inside. A few things that you should consider adding is a fresh coat of paint, making any needed repairs and maybe a some landscaping.
Remove the Mess – The people who know how to sell my house fast know that having a mess is a sure fire way of discouraging potential buyers. If you live in clutter, and don’t bother to change it for an open house then buyers aren’t going to show any interest in your home. If you are serious about selling your home, remove family photos, fix holes in the walls, and keep a minimal amount of personal items out in plain view. Buyers try to image themselves in the home and it becomes much easier when there is less clutter.
Fix Major Problems – If your house has a big problem that you feel will discourage buyers, fix it. Do you need new carpeting in your living room? Is there a hole in your kitchen wall? If so then really take the time and money to fix these problems. Buyers really appreciate it when a seller has gone out of their way to make the home "like new". And besides, you would only be risking a relatively small amount of money to potentially close a huge sale. Fixing those problems will help you to "sell my house fast" as well as save you a huge headache later on down the road.
Little Things Count – While you should definitely be fixing the larger problems, make sure that you are not forgetting the smaller problems. People notice the small things and often the small problems may be s quick fix but make a huge impression. Smaller problems include replacing any burned out light bulbs, cleaning the entry way to your home (what people see when they are standing at your front door waiting for you to answer), giving your floors a good cleaning and making them shine, replacing broken blinds, cleaning windows.
Stage the House – Last but not least, consider staging your home. Doing this will help your home feel more spacious as well as remove a lot of clutter. Plus, it makes potential buyers feel more at home. A few things you can do to stage your home is removing larger pieces of furniture so the home will feel more open, take out personal photos (you want the buyer to feel like the house is theirs), and remove all magnets and valuables from refrigerators and window seals. Taking the time to follow these smaller steps will ultimately allow you to sell my house that much quicker and hopefully for more money.