The real estate market has been booming in 2020 as people move to less urban areas. It’s a seller’s market right now.
Some of them are cashing in on equity while others are sick of living in a big city. Either way, they needed help unloading their property.
Are you selling your home now? Keep reading below for five tips on how to speed up the process.
1. Follow Real Estate Market Trends
Do you want to sell your home? Whether you want to do it fast or take your time, you need to understand what’s happening with the real estate market.
Are home sales up or down? Are home prices at a spot where you’ll get a decent amount of money?
Consider hiring a local real estate agent to help sell your home. Not only do they understand the market, but they’re an expert on how to sell in your community.
2. Selling Your Home ‘As-Is’ to Unload Faster
There are many reasons why homeowners want to sell quickly: divorce, death, inheritance, moving to a new home, or financial troubles.
One option is to sell the home as-is. Investors and flippers want to pick up these types of properties and they’ll pay cash for your home.
A cash for houses company can make you an offer within 24 hours and have a deal settled within two weeks.
3. Follow Social Distancing When Showing Your Home
Don’t forget that we’re living in the middle of a global pandemic.
Realtors are now encouraging homeowners to host virtual open houses or produce 3D tour videos.
Of course, the average buyer still likes touring a new home before signing the dotted line. Make sure you’re following all social distancing guidelines.
4. Make Home Improvements To Attract Buyers
If you have extra money to invest, you may want to complete some home improvements that’ll make your property more competitive.
Some of the top features buyers want include energy-efficient windows, updated fans, garage storage, hardwood floors, and walk-in closets.
Crunch the numbers first to make sure home improvements won’t put you underwater when selling in the current market.
5. Staging Your Home Is Key To Getting an Offer
The last step is both free and easy. You need to stage a home to make sure it’s more desirable for buyers. A realtor can help you to do this.
Unlike many expensive home improvements, staging can be done over a weekend with little to no costs.
Examples of staging include taking down personal pictures, de-cluttering your home, performing a deep clean, applying a fresh coat of paint, and letting in more natural light.
Start Making Money on Your Home
There are many options for selling your home quickly. Hiring a local realtor and staging your home are two well-proven methods.
But, if you need money fast, reach out to an investor or company who will pay cash for your home in its current state.
Want to read more about real estate? Our blog is full of informative articles on choosing home builders, increasing your home value, and do-it-yourself repairs.