The Pricing Struggle: Pro Tips to Sell Your Home Faster and for more Money
You want to sell your home faster? Of course you do! Who doesn’t, right? As you may already know, lowering the price can help you sell your home almost instantaneously. But that doesn’t sound like a good deal.
Most of the clients we work with want to (naturally) sell their homes faster and for more money. It may sound like an impossible task, but it doesn’t have to be – provided you use a few tricks.
6 Tips from Professional Real Estate Agents to Help You Sell Your Home Faster and for More Money
The average home stays on the market for 49 days. That’s more than a month and a half. And it can be perfectly OK if you’re not in a rush. But the longer a house stays on the market, the lower the chances of you getting the asking price. Let’s see how you can sell your home faster without losing money.
1. Keep Things Neutral
You may love your all-purple kitchen, but the prospective buyers might be shocked by the vivid colors. So, before you put your house on the market, try to tone things down a bit.
You don’t have to do a full remodeling — a fresh coat of neutral color paint and maybe new facets for your kitchen cabinets can do wonders. Plus, newly-painted walls and exteriors always make homes look more inviting.
2. Steer Clear of Divisive Decorations
The last thing you want to do is offend the potential buyers. That’s why we suggest removing all religious decorations and artifacts. Even if the prospective buyer goes to the same church as you do, you want to give them a chance to imagine their own decorations in place.
3. Declutter the Home
Clutter makes people feel uncomfortable and rooms look smaller. Plus, it will make buyers feel like the home lacks storage space. Consequently, the house will sell slower and for less. When prospective buyers are coming to see the house, make sure everything is in its rightful place. You can even get a head start on packing and remove all the things that aren’t absolutely necessary.
4. Empty Houses Sell Harder
I know we said clutter is a no-no, but let’s not go overboard – so is an empty house. People want to get a feeling of what living there might be like. And they can’t get that from empty rooms – not everyone has a vivid imagination. If you have to pack your furniture before selling the house, try renting some furniture and staging the home. It’s not expensive and it will definitely have a great return on investment! Depending on the situation, sometimes empty houses are what is left to sell so it is very important it is clean, painting complete and maintained.
5. Learn all about Market Prices
It’s OK to have your own number in mind, but you need to fall between the market average prices, too. A home that’s well above market prices will stay on the market for too long. Conversely, if your asking price is too low, people might think there is something terribly wrong with your home. As usual, moderation is the key. If you feel like you can’t get the amount you want, try doing some small improvements, like updating your appliances and painting your windows and doors. Nothing too expensive – just a few small tweaks to make the home look more welcoming and allow you to differentiate yourself from other sellers in the neighborhood.
6. Do Small Repairs
Again, you shouldn’t invest too much in this. But cracks in the walls or deficient attic insulation are among the first things that pop into buyers’ eyes. And they’re not expensive to fix! Take a walk around your home (inside and out) and see what can be fixed, sealed or tweaked with a minimal investment. Then take care of these things before you put your home on the market.
Always remember: you don’t have to do all these things alone. Each home has unique selling points, as well as disadvantages. The right real estate agent can spot them in an instant and offer you great advice on how to sell your home faster and for more money. Just be open about everything with your agent – we are a team with the same interest in mind, after all!
Contact the Pinnacle Property team today, (406) 298-5888, if you have any questions about how to get your home on the market and sold as quickly as possible.