While the weather may be frigid at the start of the new year, the United States housing market is hot, hot, hot. Mortgage interest rates are still low—though experts expect rates to rise—so buyers are itching to get into new homes.
If you want to sell a house fast, this competitive market is welcome news. Still, buyers are slowing down as stimulus payments and vaccinations roll out. People are more comfortable and relaxed because of these happy developments.
The downside is that it puts home sellers in an awkward position. There are ways how to sell a house fast in a slow market, but selling your house is always easier when buyers are more desperate.
If you’re trying to sell your home, you need tips on how to get a house to sell fast—and you’re in luck. Take a look at this quick and easy list of expert tips on traditional and creative ways to sell a house fast.
- Sell a House Fast With the Help of an Agent
Working with a real estate professional to sell your house might seem like an added expense, making you wonder if doing so is worth it. It is in the majority of cases, and here’s why: Working with real estate professionals is a time-tested way how to sell a house fast, for the top price.
DIY-ing is a thrifty and smart choice for many things, like building furniture and doing auto repairs. When it comes to selling your house, doing it yourself isn’t right for most.
Most sellers don’t have the training to get their house on and off the market with efficiency. Chances are that you don’t know all the best ways to make the most profit on a home sale. Agents do know these tricks—Working with one makes selling a house smooth and easy.
- Start Low to Draw Buyers in
Even in the most competitive housing markets, buyers are looking for a good deal. A house priced below market value is extra appealing when all the other sellers don’t hide that they’re trying to make big money from the hot market.
You might be hesitant to price your house below market value because you don’t want to get a bunch of low offers. The truth is that combined with these strategies and others, starting low makes you more money.
Buyers know that a low listing price brings in more offers. As a result, people tend to make stronger bids. They don’t want to lose out on the house, so they bump their offers up to beat the competition.
You have more power in negotiations when more buyers want your house. Inflating the demand for your home is a good way how to sell a house fast in a slow market. When using this strategy, you make your own seller’s market.
Plus, don’t forget that nobody’s forcing you to accept an offer. If the first offers you get aren’t to your liking, you can wait a little bit longer. If waiting isn’t an option, you can do a quick sale to companies like the ones described in this list’s fourth tip.
- Having a Little Patience Pays in the End
If you have a little bit of time to spare, having some patience is a surprising way to get your house on and off the market in a flash. The trick is to set a date for when you’ll make your decision, and collect offers up until that point.
You don’t have to wait long—if you have a couple of weeks, you could aim to decide at the end of that period. The more offers you collect, the more go-tos you have as backup options.
Say the first offer you accept falls through and you have to start over. Finding another buyer will be a faster process when you have a list of people to contact and give a second chance.
- Sell to a House Buying Company
You have another option if you don’t have the time to bother with an agent, listings, pricing, and waiting. One of the easiest ways to sell a house is to get in touch with a company like ibuyhousesboise.com.
These companies make a profit by fixing up houses to sell for top dollar. If you don’t have time to spare, contacting them will have your current house out of your hands in no time.
- Fix the Place up for the Buyer’s Sake
Another pro tip for selling a house fast is to do some easy repairs around the house for the buyer’s sake. It’s a nice thing to do for prospective homeowners, but it also helps you sell your house faster and get more money. There are limits to how many repairs you should do to maximize your dollar, so consulting a professional is a good idea if you can.
It also pays to spend on professional repairs and renovations. Doing work yourself might seem like a good way to save money, but you could break building codes and lower your house’s value without realizing it. As with some of these other tips, hiring professionals is an expense that pays off in the end.
Curate a Better Home Life
These sure ways to sell a house fast will help you get out of your current home and on to something new that suits you better. Once you’re in that new house, reading up on more home and lifestyle advice will give you a leg up on making it better than your last residence.
Take a look around the site to get the valuable information you need to curate a better life. If you don’t believe how important these tips are, give another article a try to find out for yourself.