Selling your home can be a challenge, especially if you are hoping to make a quick sale. There are plenty of valid reasons to want to sell your home quickly, and fortunately, you can take steps to increase the likelihood that your home will sell.
Choose the Right Agent
Finding an agent who is tech-savvy, highly involved, and dedicated to selling your home will be crucial in selling the property faster. You will want to find an agent who will monitor the multiple listing service (MLS) and do sufficient research on the neighborhood before listing the property. Speaking to numerous agents before choosing one is a course you should consider taking if your goal is to sell your home quickly.
Set An Appropriate Price
A competitive price is key to selling your home. Determining the prices of similar homes in your area will help you set a price. Still, if you are aiming for a quick sale, many professionals advise taking about 15% off your initial price to attract buyers even in difficult markets. Doing so can attract a higher number of potential buyers and result in a bidding war that can give you a higher sale price and a quicker sale.
Create a Half-Empty Appearance
For closets and rooms alike, removing about half of your belongings to help potential buyers recognize the space available and envision their furniture and items in these areas can effectively show them how much storage and space is available. This strategy will help present your home in a more positive light than if you leave all of your belongings in the house before the showing.
Similarly, be sure to remove personal artifacts such as photographs and other keepsakes; the easier it is for the potential buyers to envision themselves in your home, the more likely they are to buy.
Take Care of Quick Fixes
Undertaking any major remodels is generally a bad idea right before a sale, as you may not be able to sell the home for the full value. However, quick fixes, minor repairs, and detailing are excellent choices for giving your home a fresh appearance and a higher chance of selling. You may choose to add a new coat of paint to the walls, update the hardware on your kitchen cabinets, or fix leaks and creaky doors. All of these tasks will not be costly on your end and will give your home a fresher look.
If you are looking to buy or sell a property in the GTA, please contact Mehran Redjvani of Re/Max West.