When it comes to selling your home, ideally you would have plenty of time to find the right buyer. However, in some instances, time is not on your side. Whether you need to relocate quickly for a new job opportunity, are moving to be closer to family, or have found yourself in a financial situation where selling is the best option, there are times where you need to sell your home fast. While this may be fairly easy in hot real estate markets, that may not be the case in your area. Here are three things that you should do if you need to sell your home fast.
Hire A Real Estate Agent
Hiring a real estate agent should be on the top of your list if you need to sell your home quickly. While it may be tempting to sell your home yourself instead of paying a real estate agent commission, if you're looking to sell fast, this can be a big mistake. A real estate agent will be able to effectively market and show your home to a variety of potential buyers. With a real estate agent's help, your home is likely to sell faster than it would if you sold on your own. Commission for a real estate agent is typically between 5 and 6 percent of the home's sale price, but this could be worth the price if you're trying to sell your home quickly.
Stage Your Home
If you want your home to sell quickly, staging it to be more attractive to potential buyers can be very helpful. Staging your home can bring out the positive features of your property, making it more likely to sell quickly. On average, staged homes sell 73 percent faster than non-staged homes. Staged homes also tend to sell for more money than non-staged homes. It costs around $675 on average to stage a home but many homeowners who are selling find that it's well worth the money.
One of the trickiest parts of selling a home is choosing the right asking price. You want to price competitively enough to sell quickly but you also don't want to sell your home for less than it's worth. Your real estate agent will look at comparable properties that have sold in your neighborhood and help determine a fair asking price. Having a competitive asking price will help you sell quickly without selling for less than your home is worth.
If you want to sell your home quickly, there are a few things that you should consider. Hiring a real estate agent is often a good decision since they can bring in more potential buyers and market your home for you. Staging your home can also help you sell quickly. Pricing competitively is also a good strategy for selling fast.