Wondering if you’ll be able to sell your home quickly? If you just got a new job offer that’s irresistible but calls for the sale of the house you’ve called home for the past few years or most of your life, you might find yourself at wit’s end, trying to reconcile with the idea of new beginnings and whether you will be able to sell your home that quickly.
The question ‘How do I sell my house fast’ might be replaying in your mind on a loop, and you just need help and answers. Well, you are in the right place. To boost your confidence about selling your home quickly, this article shares insightful and practical tips to help you sell your home.
As you think about how I need to sell my house quickly, you need to make sure that you go home with the best, or at the very least, a fair deal. The sale also needs to be as smooth as it is quick.
Don’t forget that ‘fast’ is subjective, but also, it’s impossible to sell your house as fast as it would be for you to get a new mortgage for your home unless you are willing to sell it for pennies on the dollar. This means that in as much as you are looking for the fastest way to sell your property, you must have reasonable timelines.
So, how do you do that?
How to Sell Your House Fast Alberta?
First, you must understand all about the mechanics of home selling. This is because there are fixed factors that will always influence home or property selling, wherever you are. These are factors that will affect the speed at which the house sells. Location is on top of that list. Ask yourself this – is your homes in one of the highly desirable locations, or maybe, located by the water?
How about the market conditions? Are you trying to make a quick sale in a buyers’ or a seller’s market?
And most importantly, what’s considered reasonable in terms of the time, it takes to sell property, typically? Well, according to research by a leading real estate agency, 68 days is the average time a home would be on the market before it sells.
Besides the location and the market conditions, the price of the property is just as important as is the condition of the house.
How do you sell your house quickly?
1. Find the top real estate agent in your area
Selling your home solo, or what is known as For Sale By Owner (FSBO) arrangement in the real estate world, might seem like a great choice for you, especially if you already have interested buyers, and it would work effectively for you. But without a buyer or buyers already lined up to buy that property, the FSBO arrangement might take much longer because people interested in buying may not be aware of the existence of that beautiful property.
A top real estate agent in your area, on the other hand, knows about and lists all the properties in their area, and thanks to their reputation, they will reach more potential buyers, and your property would sell faster.
As much you’d have to pay agency fees or commission, selling with an agent saves you time.
After evaluating your home, the agent would be able to price the property correctly, and you’re likely to make more working with a real estate agent, their commission notwithstanding.
But before you enlist the services of that real estate agent that was recommended by a friend, first make sure that the agent is licensed and registered by the National Association of Realtors.
You also need to make sure that the agent you settle on is one who’s reputable and the ones who’ve developed a positive relationship with their clients over the years. The reputable agents may charge more, but they are who you go to when you want to sell quickly.
To find that agent, do a search for the realtor online; for example, you could search for the ‘best real estate agent in Alberta.’ Always look out for the agents that have hundreds of positive reviews and recommendations, but don’t expect them to sell the property overnight. The right real estate agent will help you sell faster than the average time it would always take – they are not miracle workers, though.
Mr. Home Buyer in Alberta is one such place that offers efficient and professional guidance on selling your home, and they’ll do all the heavy lifting saving you time and money.
2. Pick a selling strategy
There are two strategies you could adopt to sell your home fast. You could try either one of these conventional methods of selling property – FSBO (For Sale By Owner) or you could sell it with the help of a real estate agent.
FSBO – this strategy is common with most people who wish to save on the agency fees or commissions and sellers with ready buyers. However, the savings are often about 3% of the value of the home because you have to pay the buyer’s agency fees. It’s not, however, an ideal option for you if you are looking to sell the house fast and if you don’t have interested buyers waiting.
Even when you do, the process might take longer because of things like negotiating the escrow timelines, consulting a lawyer to ensure that everything has been done/ filled correctly, juggling all the contract paperwork, etc. So, unless you understand all there is to know about FSBO, it might not be an ideal option for you.
Option 2 would be hiring a real estate agent – This is a recommended strategy because the agent not only knows what it takes for a house to sell fast, but they’ll also streamline all the paperwork, including the contract preparation, price negotiations, staging, contract signing, and closing.
Knowing your options and what works best for you is the most important step in making sure that the house sells fast.
3. Set an attractive price
Want to sell your house fast? Set a very attractive price – this price should be competitive, depending on the existing market conditions – buyers’ or sellers’ market. You don’t want to overprice the house because it will stay on the market longer, forcing you to sell it at a lower price, after all.
At the same time, you should avoid the temptation to sell it too low because you could lose out on a sweeter deal. On the flip side, low or aggressive pricing would result in a bidding war, which would drive up prices. Check the local market and how different homes are selling, then find that sweet spot for your property.
In other words, you shouldn’t let your ego get in the way of pricing and listen to your real estate agent to help sell your home faster. And always know that your buyers are more educated than you think.
Also, don’t forget to have a timeline set for a price reduction in case the property isn’t sold by that time. Know that your odds of selling are lower if the property stays on the market for too long. T
4. Invest in minor repairs
You may not have the time to deal with major renovations for the house, but you shouldn’t overlook the minor repairs because these are the things that buyers will notice almost immediately.
Patch up the spots with scratched or peeled paint, fix the loose tiles, repair any loose door handles, and always fix the leaky faucets. You should also think of investing in other minor upgrades such as applying a fresh coat of paint, installing new hardware like bathroom and kitchen cabinets, buy new matching appliances, and replace the old light fixture with new sturdy and trendy ones.
5. Use professional photography
Snapping a few pictures from your iPhone might feel faster, and it’s definitely cheaper, but if the photos don’t look good, the house listing will not create the desired impact, and a nice house might be on the market unnecessarily long period.
Spend a little more on a professional real estate photographer, or just get a full-service real estate agent who will get everything done right. A 3D virtual tour of the house would be a great add-on that would improve listing views and ensure the house is off the market sooner.
For the perfect photos and the best impression on buyers, you must let the light. Open the blinds, shades, and curtains, and place the lamps and the light sources strategically.
6. Create a listing strategy
Determine the best place to post the listing. Besides the best-quality images, you should also think about adding a 3D tour of the house to the sites the house is listed. Virtual walkthroughs are a great addition as well because buyers get a better layout of the house, and they don’t have to drive all the way up to have a feel of the space.
You could post the property on social media too. In the absence of an agent, consider paying a flat rate to an agency that will upload the listing to local sites – these agents charge a flat rate.
7. Time your sale right
The best time to list your property for a quick sale is often during the first half of May, preferably on a Saturday. But you could check with the hired real estate agent for more details for selling house quick.
8. Write a great listing description.
In the age of the internet, how you market your house is crucial. Create an impressive listing description that will allow you to sell your house faster, especially when selling the house by yourself. SEO is important, and you have to make use of the most effective keywords that stand out to buyers – these are the phrases that the buyers are probably using when searching for properties. Don’t forget to mention everything that makes the property and the neighbourhood desirable, for example, parks, school districts, local restaurants, public transportation, etc. Also, create a sense of urgency; for example, offers submission deadline must be specified.
The tips above will help you sell your house fast. Set the price right, find the best real estate agent, get the best photos taken, make the listing at the right time, make the listing impressive, fix minor issues, and be flexible with the showings. Don’t forget to stage the house correctly, without overdoing it. Also, work on creating the best possible curb appeal because the exterior of your house ensures quick home sales.