© TheNickster (Flickr) Staging our house
© TheNickster (Flickr)
How to sell your house fast
You call an agent and you tell them, "I need to sell my home now!" The words need is now hinting to your agent that you are ready to bargain. This may not be the best way to sell your home fast though.
Selling a home out of desperation, as in a foreclosure situation, may cause you to rush into a decision you will later regret.
There are many steps involved in selling your home fast.
Desperate homeowners start calling companies who say, "We buy homes," but what they really mean is we pay very little for your home. Why would an investor buy your home fast? Because it is dirt cheap.
Pick a qualified agent
If you want to sell your home fast then pick a qualified agent, not some "Joe Blow" who shows up at your door looking to give you a free market analysis.
Most agents, who have the time to do multiple home market analysis, are agents with very little business.
Selling your home fast means finding an agent with clients who she can personally show your home to. She may know many investors who would be interested in doing some creative financing or she just may have enough funds to advertise your home in prominent places.
Creative financing options
If you want to sell your home fast then think about options you can add to your listing. Are you willing to carry the loan yourself as in "seller financing?" Are you willing to accept a lease option? Other options to contemplate are things like paying all the closing costs of the buyer, paying bonus commissions to the selling agent and giving presents to the buyer such as:
1 year pool maintenance
New curtains
New carpets
Free trip to Las Vegas
Preparing your home for show
Okay! You have picked the right agent, have decided to offer a lease option on your home and even giving a 5% commission to the selling agent, so what else is left?
Your biggest preparation will be staging your home for presentation. The prettiest home sells first. It sells fast and hopefully sells for cash. Things to consider are: manicuring the lawn, painting all the walls, removing all trash and mementos in the home. Make sure the kitchen is spotless also.
By making your home picture perfect, you can sell your home fast.
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