Selling a house is a legally complicated process with many steps involved. As such, it cannot be done in a day. Comparatively, selling a house is much different than closing on a house. For instance, selling a house only requires you to reach buyers and receive an acceptable offer.
Once this happens, your house moves from the for-sale category to the contingent category, bringing you one step closer to that final day when your house actually sells. That said, even once you receive an acceptable offer and enter the phase of the closing process, there are a variety of hiccups that can occur to derail your dreams and send you back to day one. Consequently, you need to be careful at each step of the sales process to ensure your house does not linger or stagnate on the market.
Obtain a qualified agent
The first thing that will boost your ability to move your house onto and then off of the market is by hiring an agent from a known brokerage firm. Doing so ensures you benefit from all the experience, connections, and enthusiasm such a firm has amassed.
For instance, an online search will reveal Zeb Realty to be one of the most dedicated firms available to potential buyers and sellers. Being the best means that the sales agents have experience moving homes in a wide range of markets. Additionally, they have connections to repair people to help you out when something fails an inspection. Finally, agents at quality firms are happier, and a happy agent is your home’s best friend.
Pricing a home outside the accurate range can translate into a lengthy stay on the market. If this happens, potential buyers might think something is wrong with the house. Additionally, if you price a home outside the market range, you might end up losing buyers. For instance, buyers that could buy your home might purchase another home down the road from you. If this happens enough times, you might run out of buyers even if you eventually lower the price to the right range. Since there is only a finite number of buyers in any market, it is important that you price the house accurately at the outset. Doing so will ensure that serious buyers give your home serious consideration before moving in next door.
Prior to showing your home or having it inspected, you need to have all the repairs done. Although some owners might repair a house on the fly, they risk having their home being perceived as a fixer. If you have the home renovated and updated, it will prompt people to take a second or third look. Conversely, if someone looks at your home as a chore, you can end up losing weeks or months until the repairs are completed.
In addition to repairs, you should ensure you have the property trimmed and looking as if it is professionally cared for. Doing so will help attract buyers because everyone wants to look at or dream of owning an attractive home. Because you will have multiple homes in your area competing for attention, it is important that your home commands visits to your scheduled open house. If you do not landscape the yard or paint the porch, you might end up losing visitors wanting to buy because they do not want to move into a hovel.
Staging a home is critical to helping people imagine what the house will look like once the furniture and accessories are arranged throughout the house. That said, if you stage a home too much, it can block someone’s ability to imagine their stuff in your home. Consequently, you should have just a little bit of furniture in the house to ensure it does not look too empty. Paintings on the walls can help make a room feel warm. Additionally, a simple welcome mat might create just the right touch for potential buyers. Other staging tricks include inserting a dining table and chairs or leaving a couch in the living room.
Selling a house fast involves meeting inspection deadlines and paperwork deadlines. It also means signing disclosure forms and reviewing offers. Finally, important deadlines involve appraisals and pest inspections. If you do not schedule these steps on time, they can end up stalling the sale as you wait for another open time slot in someone’s schedule.
Ensuring buyers have the means to buy
Taking all the necessary steps to sell a house might come to absolutely nothing if you accept an offer from inadequately prepared buyers. To combat this type of sales disaster, you should ensure that all buyers can prove they have the ability to close on a house. Buyers should have the financial means to either pay cash or to show that they have been approved for a loan. Without this proof, you could potentially lose a lot of time as the contract is voided and the sales process begins again