If you’ve been looking at what’s new lately, you know that trying to sell your home quickly in today’s real estate market is difficult, if not impossible. Home sales have fallen and things are not looking good for the near future. As a real estate investor, I have learned a few tricks on how to sell my houses fast. Most of these tips are common sense, but unfortunately many real estate agents and home sellers don’t practice them.
Set the price of your house according to the market. Most people will overvalue their house simply because it is their home. The fact is that your house is worth what someone is willing to pay you. So to find out your home’s value, be sure to look at comparable home sales in your neighborhood. After you find the actual value of your home, discount the price by at least three percent. No other factor determines how quickly a home sells than price.
List your home on as many low-cost sources as possible. If you have listed your home, chances are your home is on the MLS system. MLS is your best source of advertising, but there are many other low-cost forms of advertising. There are many websites that allow you to list your home and a photo of your home for free. Some of the sites charge a few dollars. Make sure to make lots of flyers and signs and put them everywhere. Be sure to obey local laws regarding where you can post signs and flyers.
Visit your local club of real estate investors or give them a call. Many investors are willing to buy your home for a fair price if you are flexible. It never hurts to receive an offer. If the offer is too low, don’t accept it.