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Five Tips To Fast Track Your Property Sale

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Five Tips To Fast Track Your Property Sale

It’s a dreaded situation for anybody selling - your property just sitting on the market for a while, without any of the interest you’d been hoping for. The sales campaign is an arduous process in and of itself, but for it to all be for nothing hurts the most. There are, however, some surefire ways to get your property off the market and into someone else’s hands. Here are five quick tips to get your house sold, fast.

Get the inside scoop on the local market! It’s not uncommon for a neighbour to pop by an open for inspection. Oftentimes, this will not just be merely out of curiosity. Learning how other houses in the area compare to your own, and then using that information to enhance your own sale is just part of the game. How are the other houses being sold? Auctions? Privately? How long have these been on the market before the sale? Asking these questions about other houses will help you apply some answers to your own, and give you realistic expectations of what’s to come. (understanding property value)

Put your money towards the right things. Selling a home will almost always require you to spend money before you make any. The most costly things are usually the improvements/renovations made to areas of the house to maintain or improve its value, and various fees such as conveyancing and the like. Don’t just throw your money around. Think about whether or not a buyer will actually care about the tiling in the bathroom, or the colour of the back fence. (8 things you should fix when selling a house) The buyer will have an entirely different vision for the home anyway, and you’ll never be able to anticipate that. It’s better to focus on framing what is already there in the best possible way.Of course, you could go the other route and do that renovation you’ve always dreamt of. Careful, though, you might find it a bit harder to leave! If you feel you must make some improvements, focus on the key areas of the home: the bathroom, the living room, the kitchen, for example. The places the buyers will really envision themselves ‘living’ in; plus, these are often the most expensive things to renovate - if it’s done already, it’ll negate the worry of future expenses in the buyer’s mind.

Apply your knowledge of the market to the staging of your home. This one’s fairly simple, but can make all the difference. If you find, for example, that the interest in your house consists predominantly of young families with school aged kids, consider portraying your house in a way that reflects this. Perhaps convert your study into a temporary rumpus room, or chuck a couple of balls, scooters and toys in a stylised way out the back. These need only be superficial, aesthetic changes, but will conjure an image in your buyer’s mind that best suits their idea of a home. (how to make potential buyers feel welcome in your home)

Be smart about your listing. Nowadays most of the initial interest in a house begins online. The images, descriptions, but perhaps most importantly the price, all play an important role in the sale of your home. The thing to consider is this: even if your photos are amazing and your description is eloquent, the person who will end up buying your house may not even see any of it if it’s not in their initial search criteria. This is why a flexible asking price is crucial. If you’d ideally like to see your house sold for $1.2m, consider listing it as $1.0m - $1.2m. There’s a bracket of $200,000 in which you may gain dozens more interested parties. The more interest, the better.

Do not overprice your home. There’s a notion out there that pricing your home highly will attract more people. This may be true to a certain extent, but that interest will disappear quite quickly once people see your home is not worth what it’s being advertised for. Set a reasonable reserve price and a fair advertising price, and it’ll pay off.

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Selling your property is not an easy feat, there are hoops to jump through, but selling your property through Homesta will give you a lot of more flexibility, control, and certainly save you time and money. Be your own agent.