The longer a property sits on the market for, the less likely it is to receive significant buzz – so what are the basics when it comes to a quick house sale?
Regardless of whether you’re looking to offload an investment property, downsize into a smaller abode or transition into your dream home, the aim of the game for just about every seller is to get a quick house sale. Whether we like it or not, potential buyers tend to perceive that if a property has been sitting on the market too long, then there surely must be something wrong with it.
In reality, publicly listed properties can fail to sell or gain traction for a wide variety of reasons. One of the most common reasons for a home not selling is that many homeowners list their property at an unreasonably high price. Some list their family home that they have lived in for years, but mistake sentimentality for value, while others make the mistake of listening to a real estate agent motivated by greed. However, it’s also important to remember that achieving a quick house sale is about so much more than just the money.
Five Ways To Encourage A Quick House Sale
If you’re thinking about putting your property on the market in the not so distant future, now is the time to get organised to ensure that your property doesn’t wind up listed for months on end with no nibbles from potential buyers. Thankfully, there are a few key factors to consider which can help you to avoid such a conundrum and generate a quick house sale.
Find The Right Agent – When it comes to separating the good from the bad, choosing a real estate agent that’s right for you can be a gamechanger when it comes to a stress free and quick house sale. As they are often a seller’s greatest asset, don’t partner with the cheapest agent, and consider using a property advisor if you’re struggling to sort the good from the bad.
Auction vs Private Sale – You’ll need to decide on going to auction, or a more traditional private sale. The decision on which option to choose usually involves a variety of contributing factors, such as the type of property being listed, it’s style, the location, the level of interest it’s received and even the time of the year – all of which are big factors in nailing a quick house sale.
Add Real Value – Many homeowners renovate their properties before selling in the hopes of commanding a higher sale price. Be sure to avoid overcapitalising on this practice though, and instead focus on appealing to the emotions of prospective buyers by showcasing key areas like outdoor entertainment and multi purpose rooms to generate more interest.
Ditch Your Personality – When it comes to selling property, first impressions do matter. Also referred to as property staging, the end goal of property styling is to highlight your home’s unique features and potential, whilst diverting attention away from the flaws. Ultimately, the practice removes your personality from the home as a means to appeal to more buyers.
Do The Marketing – If you want your property to ‘get seen’ by potential buyers, then professional real estate marketing via photos, floor plans, internet listings, brochures and even social media campaigns are all necessary evils to generate as much buzz as possible. As a general rule, aim to invest 0.50% to 1.00% of the value of your home into the marketing efforts.
Should you be looking to sell your home or purchase a new one, enlisting the services of a free property advisor like ESPA can often be a game changer. As an example, your advisor would likely research the property, local agents, check the zoning, evaluate market conditions, and communicate clearly with you regarding all of your options – but where do you find one?
Take The Stress Out Of Selling Property
As a completely free service, Emergency Services Property Advisors provide property advisor services to Police, Fire, Ambulance and S.E.S personnel and their families right across Victoria.
Luke and the team at ESPA are passionate about providing support to some of Australia’s most valued public servants. Along with key industry insights, ESPA also works with a broad range of service providers linked to the real estate industry such as conveyancers, trades, legal practitioners and mortgage brokers.
If you are an emergency services worker looking to potentially buy or sell property in the future, please get in touch with Emergency Services Property Advisors today to discuss how we can turn your real estate dreams into reality, or call Luke directly on 0414 757 705.