How To Sell A House Fast

So, you’ve decided to sell your house. No doubt you’ve been mulling over this decision for quite some time. Whether you’re moving to a nicer home, moving to another area, or lowering your expenses; you want to get top dollar for your property. And, you want to sell your house as quickly as possible.

If this is your first time or it’s been awhile, read the tips below to get a head start on making the home selling process as smooth as possible.

What is Your Home Worth?

One of the first steps in selling your home is determining the right price to sell your home in a reasonable timeframe. If you set the price too high, it will not attract enough buyers, and your home will sit on the market too long. A home that sits on the market for an extended period may actually develop a poor reputation and cause the price to drop. If you set the price too low, you may be leaving money on the table. In some cases, a home that’s priced too low will keep potential buyers away as they will think there is something wrong with the property.

What is the right price? The right price to list your home is largely determined by how much similar homes in your area have sold for recently. A good real estate agent can run what they call “comps” or comparable prices to show you ranges based on different criteria. Of course, the condition of your home and the specific location will also factor into the attractiveness of the price. Your agent will be able to help you weigh the different options.

How Much Does It Cost to Sell Your House?

In addition to the price of your home, you will also want to know in advance how much it will cost to sell it. There are quite a few expenses related to selling your home that you should consider:

• Advertising and marketing expenses. Especially, if you are selling your home yourself, you need to be aware that it will cost money to get the word out. There are many methods that real estate agents have available that you will need to compete with.
• Agent commissions are typically 6% of the selling price.
• Closing costs include attorney and other professional fees.
• Taxes may include excise taxes, property taxes, and even income taxes depending upon your specific situation.
• Homeowner association fees and/or dues.

Spruce It Up a Bit

If there are major repairs such as a damaged driveway, significant roof damage, plumbing, air conditioning or heating problems, etc.; you may want to consider making the repairs prior to listing your home as they could keep interested buyers away or cause the price to fall.

In addition to major repairs, it is time to consider your home’s curb appeal. Does your home look inviting? Ask yourself, do you have a neat lawn, are your bushes trimmed, do you need some flowers, does your home need painting?

What about the inside? Is it clean? Does the carpet need cleaning or replacing? Does it need a fresh coat of paint?

A good real estate agent will be able to make great suggestions to make your home look appealing to the most potential customers.

With some proper planning, you will be right on track to sell your home at a good price in a timely manner. While these tips will take some extra time and effort, it will pay off in the end.