In a declining real estate market, yu can generally sell a house faster by lowering the price. However, there are other ways to dispose your property fast besides lowering the asking price. If you’re trying to sell your home in an unfavorable real estate market, check out some of the following tips on how to generate interest and still get the best price.
Make Your Property Stand Out From the Neighbors
In order to draw attention to your property, consider custom designs or additions. Perhaps add a new roof, improve your landscaping, or add high-grade windows. Boosting your home’s aesthetics will likewise add value to your property. Just remember to make the improvements practical and use colors and designs that will appeal to the widest audience. Moreover, any changes should complement the home and its other amenities.
Get Rid of the Clutter
It is critical to remove all clutter from the home before you show it to any potential buyer. The potential buyers would have a hard time picturing themselves in the space if there are a lot of clutter present. Consider removing extra furniture to make the rooms look bigger. Also put away family photographs and personal items. Some homeowners wanting to sell their houses even hire a stager to help them make better use of the space. Staging can cost you a couple hundred dollars for a basic consultation to several thousand dollars.
You can offer a transferable home warranty, which can cost $300 to $400 for a one-year policy and will cover appliances that fail. A potential buyer may feel secure knowing that he or she will be covered against such problems. Also, consider that many buyers are motivated by the option to close in a short amount of time. If you’re trying to sell your Raleigh home fast, get in touch with us.
Improve Curb Appeal
Many homeowners wanting to sell their property often overlook the importance of curb appeal. The first thing a potential buyer sees is a home’s external appearance as well as how it fits into the neighborhood. Make sure that the exterior of your property has a fresh coat of paint, and that the lawn is well maintained. In real estate selling, appearance means a lot. Set your home apart from the competition by making it attractive at first glance.
Get Your Property in “Move In” Condition
While the aesthetic value is extremely important, the functionality aspect is likewise critical. Be sure that the doors, appliances and electrical and plumbing fixtures are working properly and in compliance with current building codes. Having your home in move in condition will offer potential buyers the impression that they will be able to move right in, rather than spending time and money fixing everything up.
Price It Right
Regardless of how well you renovate and stage your home, it will still boil down to pricing your property appropriately. You can consult a local real estate agent, or go to online real estate sites to see what comparable homes are going for in your area.
Selling a home in a down market will demand some extra work. But don’t worry, Carolina Realty Solutions is here to help. We specialize in helping people facing foreclosure to sell their house fast. Contact us today!