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US housing prices have seen an average growth of 16.5% in one single year. The pandemic has meant a huge shift in how people live and work, creating a housing boom. But when selling your home, do you know how to make it sell fast?
Luckily, it can be easier than you think. Read on as we discuss how to prepare your home for market.
1. Find the Right Agent
You may have considered selling without the help of an agent. Why wouldn’t you? A large sum of your final property sale will go to their fees, wiping a large chunk from your profit.
There is a reason that a good estate agent is worth every penny when you sell a house. not only do they get you more money for the sale, but they also save you a lot of time. This can be worth just as much as profit.
Firstly, the agent has access to lots of things you do not. They will have inside knowledge of people looking to buy properties through their network of contacts. This can help you sell quicker.
A broker will also know the local property market when it comes to home sales. This will include the availability and desirability of homes in certain areas, and they will advise you on increasing, lowering, and setting the best price. A quicker sale is often the result of this.
In addition, the broker will put a lot of time in. They will show people around, tell you how to stage the home, or make improvements and market it for you. After this, they will guide you through the process and help with any legal work.
Speak to others who have used an agent. See who they recommend or check online for reviews.
2. Research the Local Area
Knowing the local area is the key when you want to sell a home. You can look at prices for homes of a similar nature, checking to see how long they stayed on the market or if they even sold. This data can help you get a better price for your property.
One factor you need to establish is if the area is in a buyer or seller’s market. A buyers market is when lots of properties are available but with fewer customers. This means people selling may have to make concessions to get a sale.
A seller’s market is the opposite. Lots of buyers will be looking, but few properties will be for sale. This puts the power in the hands of those selling and means increased prices.
Finally, you also need to know what is going on in the area. For example, new amenities or jobs could mean increases in profit. Conversely, some local changes, such as buildings or loss of employment, may make your house price go down.
3. Deep Clean
First impressions count. One of the best home selling tips is to clean, then clean some more. A sparkling, gleaming house can have a huge impression on potential buyers.
Attack toilets, wipe down surfaces, clean greasy ovens, and hobs. This should be done before listing your home and throughout the rest of the process. If you don’t have the time or knowledge to do this properly, then get a professional cleaning company to do it for you.
Make sure you don’t just do the inside as well. Clean any outbuildings or outhouses. You should also clean the garden, tidying away furniture or children’s toys that may be laying around.
4. Make Minor Repairs
Minor repairs make a huge difference when it comes to home sales. If you fix the leaking taps and creaking doors, it will make a much better impression. Go around the house and create a snagging list, then work on adding fixes.
One great, easy way to freshen up the home is with a coat of paint. This can make the most dreary room or house pop. Make sure you paint in neutral colors to make the room look lighter and brighter.
If you really don’t have time to do this and just want a quick sale, consider cash for home companies. They target homes known as fixer-uppers or as-is properties. If you want to sell a fixer upper fast, find more information here.
Decluttering works on two levels. In the first instance, it makes your home look cleaner, tidier, and often larger. In the second, it means you have less to move when you transfer to a new property.
Make a list of all none essential items in the home that have not been used for 6 months or more. Begin to list them on local sales listings, or take them to a thrift store. You may even choose to have a garage sale outside your home.
Once you have gotten rid of everything, make sure you don’t replenish. Ban non-essential spending until you reach the new home and have storage worked out.
6. Break the Emotional Bond
Once you have decluttered, you also need to break the emotional bond. If you can depersonalize the home, it makes it easier for others to see their own mark on it. That means severing the connection you have to the property.
Start to think in terms of others’ styles instead of your own personal preferences. Remove any items that show the house is yours, from family pictures to ornaments and trinkets. Imagine you are setting up a show home that will increase interest.
Prepare Your Home for Market
Now you know how to prepare your home for market, create a plan. Give yourself a timescale to implement changes. Make sure it is complete before you begin listing and watch the buyers roll in.
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