Selling your home can be an incredibly stressful experience. Many homeowners see the selling process as a huge to-do list, during which they have to balance risk versus reward. While investing in renovations can help sell a home quicker, it comes at a significant upfront cost. Furthermore, it takes time to complete a remodelling job.
If you’re hoping to sell your home fast, it’s worth investing in basic upgrades. Still, there are several things you can do to improve your home’s time spent on the market. Here are several tips to help you sell your home fast without expensive renovations.
Choose the Right Realtor
Choosing the right realtor is essential for selling your home quickly. If you’re going into the selling process with a quick turnaround in mind, it’s important to understand that convenience might come at a cost. It’s better to invest in a high-quality realtor who can help you achieve your goal rather than cutting costs with a new realtor or DIY sale.
Look for a realtor with proven experience in the local market. Ask questions about what resources they have in place and how they plan to market your home. There’s no harm in asking if their commission is up for negotiation, but be respectful if they decline.
Know Your Local Market
While working with a realtor who knows your local market is beneficial, it’s also important to do your own research. This exercise will help you manage your expectations and understand what people are looking for when buying a home in your area.
This process will also help you estimate your potential selling price and calculate whether your efforts will cover your expenses.
Ensure the Price is Right
Pricing is everything when selling a home quickly. During a competitive sellers’ market, buyers are more open to purchasing a home with potential than investing more in a finished product. In other words, cutting the price a bit can be a powerful positioning point.
It’s important to understand that pricing your home for a quick sale is a balancing act. You want the price just low enough to spark a bidding war but not so low that it indicates potential issues with the home. You’ll also have the option to either hold offers with hopes of encouraging a bidding war or accepting them as they come in. Your realtor can advise you on the best option based on your situation.
Consider Selling As-Is
Selling your home as-is is a great way to avoid back and forth over improvements and contingencies while setting the expectation with buyers who view your home.
If you’re selling your home in a competitive market, you likely won’t have to accept a drastic price reduction, as many investors are looking for properties to renovate and flip. Reaching out to an agency or investor is one of the key tips House Heroes advises about selling a house in Palm Bay and other developing areas.
It’s important to understand what selling an as-is house entails. While you’re forgoing the process of conditions and contingencies, you’re still committing to full disclosure about the property. Being honest and transparent will help you sell your home quickly.
Invest in a Pre-Inspection
Investing in a pre-inspection offers several benefits. First and foremost, you’ll streamline the sales process when a buyer investigates your home. Secondly, this shows transparency and identifies what a buyer may have to deal with if they purchase your house. You can also use this to prove your pricing strategy to minimize back and forth negotiations.
Invest in Cleaning and Staging
If you’re saving money on expensive renovations, reallocate your savings into professional cleaning and staging. Professional cleaners will do a deep clean of your home, making it look fresh and new.
Meanwhile, stagers know how to depersonalize your space and make it aesthetically appealing to potential buyers from all backgrounds. Stagers also learn to use natural light and interior design tricks to create an emotional connection during showings.
After you have professional cleaners and stagers come in, it’s up to you to keep everything looking neat and fresh for viewing.
Invest in Curb Appeal
First impressions are everything, especially when selling a house. No matter how nice the inside of your home looks, the outside can make or break the sale. Fortunately, you can improve your home’s curb appeal without spending thousands of dollars on renovations.
Take some time to maintain your yard and any gardens that are present. Rake the walkways and driveways or repair any visible cracks. Wash the exterior of your home and windows. Consider dressing up your front door with a few pots of flowers and a nice welcome mat. A little goes a long way when creating the first impression.
Selling a home quickly without renovating can be a bit of a compromise. With the tips and tricks listed above, you can position your home to appeal to buyers and spend minimal time on the market.