In
tough real estate market where supply is greater than demand, a home owner can
sell his house faster generally by lowering down its asking price. However, you
can still make money by doing the alternatives of reducing the asking price.
Standout from the
rest.
To attract attention of potential buyers, differentiate your house from the
rest by doing little but not so costly renovations. You can improve the
landscape, repaint the interior, or change the stained window glass. These
little improvements can make a great deal in adding value to your home. However,
do not overdo the renovation. Some renovations may not what the buyers’ need
and will likely be taken for granted.
Get the price right. It is enticing to
set the asking price as high as possible but you have to remember that the
right asking price is what the buyers are willing to pay. You can hire an assessor
to gauge your house’s market value or you can run a comparable study by
checking the houses for sale in your area and how much are they. To
differentiate from the rest, price your house slightly lower than the
comparable houses nearby.
Be systematic. Prepare all the
documents that are relevant to the house. These can be repairs receipt,
electrical and gas certificates, tax papers, and any other related documents. Buyers
should be made aware of the house’s situation and these papers will give them a
peace of mind.
Choose the right
marketing.
Spreading the word is the key to reach potential buyers. The effort you invest
in renovation and staging your house will be put to waste if buyers do not know
that your house is up for sale. Hire the right agent or use the proven
marketing tips.
Sell to private
investor.
Unlike traditional house selling, private investors offer a quick and
guaranteed sale. Private investor such as Lucas Properties buys houses with
cash; they buy houses as is.
