Going through the normal channels of listing your house with a Realtor can take months to sell. There are some steps you can take to speed up the process and get the best possible price at the same time. Sometimes making a fast sell means lowering your expectations and the asking price. These are some tips to help you sell your house fast without taking a huge loss.
Determine the Right Asking Price
The asking price and the value of a home are usually two different numbers. If you want to sell your house fast without counter-offers and endless negotiations, you need to start by determining the house’s value. Most agents will look at the current market value of the area, similar properties for sale, and whether it is the right time of year to maximize your selling potential. These figures are used to determine a value range that your house fits into. Use the low end of the range as your asking price to make it more competitive.
To make this method even more effective, go to two or three Realtors for an estimate of the asking price. If one price is well below the other two, you will probably be more on target to rely on the other two.
Keep Upgrades to a Minimum
Don’t be tempted to make major upgrades in an attempt to increase the home’s value. You will benefit more from making minor repairs and quick fixes that don’t take a lot of time or money. A coat of paint can go a long way to improve the home’s appearance, indoors or out. Repair leaky faucets, oil leaky hinges, and replace missing cabinet knobs or door handles.
Remove Items or Details that Personalize the House
People have different tastes and interests. The more the house reflects who you are, the more difficult it will be for potential buyers to picture it as their home. Items like photos are easy to draw attention and remind buyers that they are in someone else’s house.
Bring the Kitchen and Bathroom into the Present
These two rooms are two of the most important in any house and they are the first signs of how old a house really is. You may not want to take the time for a complete remodel, but there are ways that you can update the look of either room. Painting kitchen or bathroom cabinets may be sufficient. If you have a blue or green bathtub and toilet that are decades old, you will need to invest a little more time and money.
While large upgrades to the rest of the house are not advised, bringing these two rooms up-to-date will have an impact on the appearance of the entire house. It will also make a difference in how much a buyer is willing to pay. If they know they will have to purchase new kitchen counters as soon as they make the purchase, you can expect the projected cost to come out of the asking price. The cost of updating the kitchen and bath will come out of your profits regardless of what you do.
Sell As-Is
Selling to a house buying company that buys as-is will allow you to sell your house quickly without making repairs and fixing up your home. To learn more, call us at 713-493-2573 or fill out our short online form.