Real Estate Investing Basics

7 Smart Practices to Speed Up the Sale of Your Home

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owner-occupied-financing

Finding a buyer for the home you’re selling can get frustrating at times. In fact, even when you’ve found a qualified buyer, the selling process can be painstakingly long. This useful infographic shares 7 home selling best practices that can help speed up that sale.

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7 Smart Practices to Speed Up the Sale of Your Home

1. Set your goals.

A successful home seller should be objective. Look at your home from a potential buyer’s point-of-view. Would you want to buy it? If not, why? Find out your home’s selling point and use it to your advantage.

2. Find a good real estate agent.

Steve Udelson, president of real estate site Owners.com, said that a DIY approach to home selling doesn't always cut it. A good, reliable real estate agent can help you achieve your goal in a more efficient and less stressful manner.

Related: 5 Common Mistakes Mobile Home Sellers Make

3. Prepare your home to sell.

The truth is no one will want to shell out money for a poorly-maintained home. Before putting your property up for sale, make a thorough inspection of your house and make improvements where necessary.

4. Pick the right season to sell.

As with a lot of things, timing is essential in selling your home. Statistics show that summer is peak buying season, so you might want to consider selling during that season. Take note, however, that heavy competition among other sellers also happens during the summer.

5. Price your home.

Learn how best to put a reasonable price on your home while considering other factors such as utility costs, association/member fees, and other similar expenses.

Related: 10 Home Staging Tips to Help Sell (or Rent) Your Property FAST!

6. Market your home.

Aside from reaching out to your friends, family, and neighbors who could help you get a buyer referral, a good real estate agent can help market your home and increase the likelihood of sales.

7. Negotiate.

Among other things, remember to make sure your buyer is well qualified during negotiations. Prepare yourself for back and forth negotiations as well, but don’t forget your goals in the process.

Take a look at the infographic below for more details and helpful tips that will speed up home selling process. Good luck, and we hope you find a qualified home buyer soon.

Via: OfferClimb

Any tips you’d add to this list?

Let me know with a comment!

    Oleg Shalumov rental_property_investor from Teaneck, NJ
    Replied almost 3 years ago
    Adam thanks for the article. Especially liked the infographic.
    John Mathewson from Schererville, Indiana
    Replied almost 3 years ago
    Love the graphics! great post
    Karen
    Replied almost 3 years ago
    Thanks for the great quick read Adam 🙂 Love the infographic and will definitely have to share this with my clients!
    Sherrylyn Vivero investor from Abbotsford, British Columbia
    Replied about 2 years ago
    Thanks Adam! Very creative and fun infographic. God bless you more 😀