Note from the editor: Today’s post comes from Jeff Barroga. Please ensure you read the disclaimer and reach out if you have any questions.
When you have all the time in the world to sell a property, you can wait around for a perfect buyer to pay your asking price.
But if your home isn’t up to scratch, then you might never get there. Moreover, even if your property is in tip-top condition, in a buyer’s market, you might still have to drop your price simply to sell your property within any reasonable amount of time. And if you want to sell your home fast, then you are in even deeper trouble and need to do everything you can to make sure your home attracts the right buyers as soon as possible.
Here are twelve tips that will help to sell your property fast in any market:
1. Hire a Real Estate Agent:
Without an agent, it’s all on you to figure out all the moving parts that go into selling a house — and to make sure nothing goes wrong. Handing off some of that work — such as arranging for building and pest inspections, and settling transfer of deeds — can make the process a whole lot easier and ensure you do everything good and legal. Real estate agents have the know-how to shorten the settlement period and transfer of ownership by using tools like PEXA – an electronic property exchange platform.
2. Sort out all the legal paperwork:
You will have to prepare all the legal documents of your house for the conveyancing process. Make sure the land title is registered in a way that it can be searched by solicitors of interested buyers using a land title search.
3. Price it right:
If you don’t price your property right for the current market you don’t stand much chance of selling. So if you have to sell fast, be realistic and position your property at a price that will sell.
4. Increase your curb appeal:
Fix any broken windows and awnings, replace rotten wood on verandas, repaint if necessary and do whatever is needed to make the view from the curb appealing.
5. Tidy up the front yard:
To tidy the front yard, remove and replace dead plants, mow the lawn, remove weeds and clean the driveway.
6. Clean everything:
Consider hiring someone to clean your roof and external windows, as well as someone to give your home a thorough clean inside.
7. Declutter your home:
Remove personal possessions from view and consider removing some furniture to open the spaces up and make them look larger.
8. Repaint where necessary:
You want a fairly neutral color throughout your home, so paint out the blue and orange spots in the kid’s bedrooms and use paint to attract a buyer.
9. Consider home staging:
Well-designed and well-positioned furniture, rugs, and accessories go a long way to making your property look inviting to buyers. Staging can be a worthwhile investment.
10. Fix the forgotten jobs:
If a property looks like it needs a lot of maintenance and there are obvious problems which need fixing, you will turn buyers away.
11. Hire a professional photographer:
Buyers love photographs, so make sure to use a professional who can emphasise the best features of your property to potential buyers.
12. Make a video:
A walk through video is a great way to encourage buyers to view your home — add it to the real estate agent’s website or even load it to YouTube.
With these 12 tips, you should be well on your way to selling your home in any market.