Many people don’t realize it but the real estate market is a seasonal affair. Come holiday season, sales start to flag, and it becomes more of a buyers’ than a sellers’ market.
This happens because most people are more interested in tidying up their houses for Christmas guests rather than selling them. Similarly, buyers too are concerned with Christmas presents than a new home.
If you are really interested in selling your house as fast as possible, it is very important that you should not delay at all. Here are a few fast and practical strategies that will definitely give you an edge and help you sell your property as soon as possible:
o Make Minor but Important Modifications to The Property
A run-down house is not going to attract buyers anytime soon. This does not mean that you should completely refurbish the place. Instead, you can make a few minor modifications both inside and outside the property to ensure that it will catch the attention of the potential buyers.
For example, a fresh coat of polish on the doors and window frames can go a long way in sprucing up the place. Add some new paint on the exterior walls and replace any broken shingles and you should be good to go. These simple DIY (do it yourself) repair jobs are small on effort but they can certainly help your property to not only look better but also seem considerably more ‘sellable’ as well.
o Don’t be Unreasonable
We all want the best possible price for anything we sell but we have to match expectations with reality. The market determines the price of the property. If you exceed the market price, you may end up sitting on your property for months because people would not be interested in buying something that costs significantly more than most—if not all—the properties on the market. On the other hand, going below the market will mean that the property will sell fast, but at a loss.
Here, you have to offset the selling price with the purchasing power of your target market. In other words, the price should be such that the buyer would not only be able to pay for your property but also be willing to do so.
Always remember that just because an individual possesses the purchasing power to buy what you are selling this does not necessarily mean that he would be interested in purchasing at your price.
So, learn to be flexible and bargain with the buyer once you see that he is serious. If he offers a lump sum cash payment and you are taking a slight hit, then so be it. After all, the holiday season is close by and the market will drop even further.
If you want any more information on selling your house as soon as possible, you should get in touch with me at http://platinumrealestate.com/ or mail me at luther@platinumrealestate.com. I am available for a free consultation and I would love to discuss ideas that will help you to sell your house fast.
