If you have looked at the news lately you know that trying to sell your home fast in today’s real estate market is difficult if not impossible. Home sales have dropped and things don’t look good for the near future. As a real estate investor, I have learned a few tricks on how to sell my homes fast. Most of these tips are common sense but unfortunately, many real estate agents and home sellers don’t practice them.
Price your home appropriately for the market. Most people will overprice their home simply because it is their home. The fact is that your home is worth what someone is willing to pay you. So to find out what your home is worth making sure you look at comparable home sales in your neighborhood. After you find your true home value discount the price by at least three percent. No other factor determines how fast a home sells than price.
Advertise your home in as many low-cost sources as possible. If you have listed your home then your home is most likely on the MLS system. The MLS system is your best source of advertising but there are many other forms of low-cost advertisement. Many websites allow you to list your home and a picture of your home for free. Some of the sites charge a few dollars. Make sure you make plenty of flyers and signs and put them everywhere. Make sure you obey local laws concerning where you can place signs and flyers.
Visit your local real estate investor club or call them. Many investors are willing to buy your home for a fair price if you are flexible. It never hurts to get an offer. If the offer is too low then don’t accept it.