If you are trying to sell your property quickly, there are things that you need to do to make the sale actually happen faster than normal. Getting a buyer for your property right now will take some work on your part, and there are some things that you can do to make sure you are not stuck holding on to a property for months that you need to liquidate. Get it right and you will have a buyer in no time. Get it wrong and you will have to hold on to your property longer than you want to.
Selling Your Home Quickly
In a previous post we covered how important it is to price your house right as well as cleaning and tidying up the property in “How To Sell My Home Fast By Owner“. The next thing you need to recognize is that there are things that you can control, and things you can not. The Washington Post had this to say about it:
Some basics: Selling speed depends in part on matters that you can control, but there are also factors you can’t control: the strength of your local economy, employment and income growth. If the economy is on fire and there’s a low inventory of homes for sale to serve market demand, you’re going to see houses zipping from listing to contract rapidly.
Now for things that you can control: Anyone can sell a house super fast simply by cutting the price far below what it’s worth. There are investment companies in most large markets that will buy your house for cash in almost no time — an hour, a day, a week — but at 40 to 50 percent below market value.
Right now it’s a pretty good market as a whole in North Georgia. However if your property has been neglected and needs expensive repairs and/or updating, selling to an investor may be your best bet. Most new homeowners don’t want to spend a lot of time renovating and repairing a house. That’s when investors really come in, especially if you need to sell fast. That’s when the 40 to 50 percent below market value comes into play. If your house is in dire need of expensive repairs, it’s not going to bring top dollar and will have to be sold considerably below market value.
Getting Buyers To Check Out Your House
What you really need to do is think outside the box when trying to sell your house fast. Today.com actually has some good advice on this:
YouTube your house
A YouTube tour gives the buyer your personal perspective on what’s special about your house and can be linked with most major search sites. If you choose this method, you should be proactive in getting the video seen. Send links of the video to any interested parties and make sure your broker is doing the same. Insist that your broker get it on to their company’s Web site.
Go beyond traditional realtor networks
Two out of three homebuyers start their search online. The five highest-traffic Web sites are:
- #1 yahoo.com
- #2 craigslist.org
- #3 zillow.com
- #4 trulia.com
- #5 homes.com
Make sure people visiting these sites are seeing your home. If you are unable to do this yourself, ask your broker to do it for you.
Organize a neighborhood open house
Join up with other neighbors on a Sunday to lure more buyers in. Include a latte cart or a giant inflatable house in the backyard for kids to jump on.
Video is an excellent way to help promote your house for sale. Everyone has a smart phone now and can take some really nice video to show off their house. Just be sure to remember to turn your phone sideways so that it’s not a skinny video. Once you have the video you can share it all over social media announcing your house for sale and help bring in potential buyers.
Summing It Up
Selling your house quickly will take some work on your part. How much work you are willing to put into it will directly effect how much money you get from the sale of your property. If you keep your house in pristine condition and think outside the box for marketing, you will get your house sold faster.
Just as a reminder, if you are in the North GA area and want to sell your house fast, contact us, Mandich Property Group for a free, no obligation offer on your property today.