3 Tips to Sell Your Home Fast

The real estate market remains in constant flux. However, this does not necessarily mean you’ll need a significant amount of time to sell your residence.

Regardless of the size and quality of your home, there are many quick, easy ways to set up your residence for a quick sale, including:

1. Price your home appropriately.

As a home seller, your goal is to maximize the value of your residence. Doing so, unfortunately, can be a major challenge if you fail to set realistic expectations.

Getting your home appraised before you add it to the real estate market ensures you’ll be able to determine the true value of your home. Furthermore, consider any recent home improvements you’ve completed, as these enhancements may help increase your residence’s value.

Also, don’t forget to check out the prices of similar homes in your area. This enables you to get a better idea about the value of your residence relative to others that are available.

Pricing your home often can be difficult, but those who perform plenty of research will be better equipped to set a fair price that generates interest from many prospective homebuyers.

2. Make your home easy to show.

Those who only enable homebuyers to view their residences at certain times will limit their opportunities for a quick sale. Conversely, you should try to remain as flexible as possible after you add your home to the real estate market to maximize your home showings.

Homebuyers likely have many great residences at their disposal. And if you turn down an opportunity to show your house to an interested homebuyer, this buyer may choose to look elsewhere for his or her dream residence.

Comparatively, home sellers who maintain a clean house can make their residence easy to show at any time. In the event that a homebuyer wants to show up on short notice to view your residence, you’ll be ready to depart and ensure this interested party can check out your residence without delay.

3. Ensure your home is listed in plenty of places.

Your real estate agent should try to do everything he or she can to make your home an attractive commodity. As such, hiring a real estate professional who will showcase your residence to as many prospective homebuyers as possible is essential if you want a quick sale.

For example, your real estate agent should have no trouble adding your house to a wide range of real estate listing websites. Social networks like Facebook also make it simple for real estate professionals to showcase your home to a broad range of prospective homebuyers.

With a superior real estate agent at your disposal, you’ll be able to spread the word that your home is for sale to a large group of homebuyers. Thus, you’ll be better equipped to boost your chances of a fast sale, and potentially, a major bidding war among interested parties as well.

Selling a home is rarely simple, but with these tips, you can improve your chances of optimizing the value of your home and selling your residence quickly.

Selecting A Real Estate Agent To Sell Your Home

If you desire to sell your home at the best possible price and in the least amount of time, you’re going to require an experienced real estate agent working on your behalf. Don’t leave your financial future to chance. The sale of your home likely represents one of the most significant financial transactions of your lifetime.

Just as you wouldn’t choose a lawyer or doctor by reading the classified ads or driving about town and settling on the first friendly face noticed on a billboard, it is wise to do the research and consider the huge investment at stake before making a costly mistake.

When you’re ready to choose a realtor, there are several easy methods to go about finding the best one for your unique needs. You will want to choose a realtor with the experience; personality and “savvy” required to ensure a smooth and problem-free transaction. While It is a temptation to use a real estate agent who is a family member or friend, remember if your “Cousin Carlos” or “Aunt Agnes” has not been specifically trained in your market, lacks knowledge in short sales or does not have the experience to negotiate on your behalf, it will be really awkward when you have to fire him/her when they fail to perform. Ask yourself; do you want them privy to your personal financial information? To save embarrassment and to prevent hard feelings, ask for a referral to a seasoned firm. In many situations, your friend or family member will receive a referral fee.

Not all selling agents are licensed or have the same training. The National Association of Realtors advises, “The term “real estate agent” is generic and refers to a sales agent, who is responsible to a real estate broker and who is licensed by his or her state real estate commission to assist the broker in the business of buying, selling, exchanging, appraising, and managing property. A Realtor is a real estate agent who meets all these requirements and more. ” Members of the NRA actively participate in ongoing seminars, workshops, and certification training to keep stay current in the ever-changing volatile market. They actively participate in community activities and neighborhood organizations, building a network of satisfied clients.

Seek a selling agent that is a member of the National Association of Realtors (NRA). Only members of the NAR may call themselves Realtors, a distinction that sets them apart from non-members. Realtors are held to high standard of ethical practice and conduct and agree to follow the NAR Code of Ethics and Standards of Practice in all transactions. Reputation is paramount. Select a realtor with good online reviews and excellent word of mouth recommendations. Check references and ask if the real estate agent has been involved in litigation or sanctioned by the State Board of Realtors. If so, was the matter resolved to the satisfaction of all parties?

Request recommendations from family and friends who have sold their homes in your area. It is comforting to know that someone you trust has entrusted the sale of their home to an agent that successfully guided them through the real estate transaction with a positive outcome.

Look for a realtor that specializes in selling your type of property, in your price range. The majority of seasoned real estate selling agents focus their time and energies on a particular market. If the real estate agent you are considering specializes in downtown lofts and condos, although experienced, they are unlikely to have many customers for your family home in the suburbs. Pick a selling agent that is willing and ready to commit their time and resources to selling your home.

Ask questions. What’s happening with new construction in your price range and how will it affect the sale of your property? Is the local real estate market falling, level or rising? Is there any issue coming up within the community that will affect the sale of homes, such as commercial development, announcements of major company relocations, an increase in taxes or a change in zoning? Quiz the selling agent about your neighborhood, making sure they are familiar with the characteristics and amenities that make your property attractive to a potential buyer. Select a realtor who is up-to-date on what’s happening in the marketplace, detail orientated and motivated to sell your home for all it’s worth.

Interview several agents, inquiring into their sales background. Ask agents how many homes they have sold in the past six months and if they work at real estate full time.

If a potential selling agent only sells real estate part time, you will only receive a part-time effort.

Determine if the selling agent has a marketing plan for your property. In order to sell your home quickly, it is imperative that the property receives maximum exposure. Where will the home be advertised? When will your home be included be in the national multi-list service? Will the sale of the property be promoted via the Internet? How often will the agent conduct an open house? A selling agent that cannot readily answer these questions is likely only seeking the listing and does not have your best interests at heart. Pick a real estate selling agent with a REALTOR e-PRO ® designation which certifies that they are a professional with current training to harness the selling power of the Internet.

It’s wise to choose an agent backed by a professional team to assist you in achieving your real estate goals. An experienced realtor will suggest a knowledgeable and efficient title company, a reputable home inspector and any contractors or service providers you may need in readying your home for sale. Analyze the answers you receive to all your questions, and then narrow the field to two or three agents. Trust your intuition and choose a realtor with whom you feel comfortable and in whom you have confidence.

Choosing a real estate agent comes down to two main considerations; pricing the property correctly from day one and the negotiating skills of the agent. Pick a Realtor that puts the client before the commission.

How to make money flipping homes

Flipping a house simply means buying and then selling a home quickly for profit. There are different ways to do this, but if you are interested in buying and selling houses, or just want to find a good deal to invest your money in. You will want to follow some tips on how to make sure you make money and not end up busting the budget.

1. KNOW THE AREA

It is not just about the house you want to buy but also the area. Focus on buying homes in an area that holds value and where homes sell quickly. The golden rule of a home, location, location, location, applies here as you will want the home to be able to be sold quickly. Get to know the average costs and days on market for homes in that area. The more information you have about the market you have chosen, the better decisions you can usually make when it comes time to buy.

2. DO NOT GET EMOTIONAL

This is a business venture; your goal is to make money. Emotions and money rarely mix well. Do not get emotional about house flipping. When choosing colors, fixtures and carpets go neutral, you will not be living in the home. Be careful of becoming too attached to the flip. Choose a price to sell the home, do not overprice the home. Overpricing typically leads to you holding the flip longer thus reducing your profit.

3. KNOW YOUR LIMITS

If you are new to flipping homes, it is important to know your financial and work limits. The budget will always be more than you anticipate, plan for unexpected problems. Start with homes that mainly have cosmetic problems. Look for houses that need new, modern paint or updated fixtures. Homes where the outside yard and landscaping are unappealing are usually a great buy and can yield more profit. Curb appeal is usually a problem that can be fixed very easily and relatively inexpensively while greatly increasing the value of the home.

4. HAVE AN EXIT STRATEGY

The point of flipping is to get in and out as quick as possible. Every day that you own the homes costs you money. Have a plan and know exactly what you’re going to do with the home before you buy. Make a schedule of when work will get done and drop dead date of the house going back on the market. If you don’t know if you can sell it quickly, don’t buy it.

How to Sell Your Home Fast

Even if you think you have all the time in the world to sell your home, once you put the for sale sign in the yard you will start to feel antsy. If you want to sell your home quickly it’s important to have a strategy. Here are some tips and tricks for getting more buyers interested and selling your home quickly:

1. Lots of photos: The more photos the better. Image is everything and you want to make sure your home has a good one. Studies show that 10 or more pictures can help reduce your home’s days-on-market time by up to 42% and improve the selling price by as much as 3.8%.

2. Host an Open House: According to the National Association of Realtors, 45% of home buyers reported they used information from an open house in their home search. Open houses bring potential buyers into your home for a first hand view.

3. Staging: This can really help a home sell quickly. Statistics show staging can help a property sell 50% faster and can increase the selling price by 6.9%. Staging allows buyers to imagine their own life within the home.

4. Price it Right: Work with your real estate agent to price your home competitively within the current market. Use a Comparative Market Analysis or CMA to compare your home to others like it in your neighborhood. This will give you a value price range in which your home should sell.