Trying to sell your house fast can present a much bigger challenge than trying to sell at a slower pace. Maybe you are moving to a different city for a new job opportunity and need money fast to fund your move. You could be trying to sell a house you have recently inherited and don’t want to put time or money into. It is easy to make mistakes when time is of the essence. Here are 5 mistakes to avoid when trying to sell your house fast, followed by what I know to be the most hassle free way to sell your house fast.
1. Not accepting the first offer quickly
There is no feeling like finally getting an offer on a home you’ve been trying to sell, especially if you are trying to sell your house fast. Unfortunately, this often leads to ditching the first offer in hopes that something bigger and better will come along. Not accepting your first offer normally leaves you waiting for less serious buyers to make you an offer. If you are serious about selling your house fast then you don’t have time for that. Your first offer may not be the highest offer, but it is coming from a motivated buyer who is ready to buy quickly.
2. Sell your house fast, don’t stick it out
Waiting to sell your house can be an expensive mistake to make. Whether you are holding out for a better offer, waiting for the market to change or spending too much time convincing yourself that you really want to sell, you’re losing money. Before trying to sell you will probably want to have the outside and garden updated. You’ll definitely want to have the house cleaned and decluttered . The house will probably need to be painted depending on how long you’ve lived there. The list of repairs and their costs could go on and on. There is also marketing to be done to make sure your house gets to the right audience. The longer you wait, the more likely these become recurring expenses repeating each and every month.
3. Showing potential buyers your house instead of their house
If you walked into a house that was covered in dust, littered in trash, and smelled like dirty washing would you be in a hurry to buy it? If you answered no then you are among the majority of home buyers who want to walk into a house and see themselves living in it. If you want to sell your house fast you need to take the time to clean it. This means going further than just dusting and making sure that all your surfaces are clean. Take the time to set your table. Make sure the remote controls and magazines are all in their correct locations. Take out the trash and even consider steam cleaning the carpets. The bottom line is if you want to sell your house fast, make it shine!
Cutting your pricing in tiny increments
If you are trying to sell your house fast and you haven’t gotten any interested buyers yet then it may be time to cut the price. Another huge mistake sellers often make is trying to maximise their offers by only cutting the asking price 1% or 2% at a time. If you want to sell your house fast you need to calculate how much your house is worth and slash the price 10%. Slashing your price is not only good for traffic and viewings. It shows that you are serious about selling your house and will attract a higher volume of serious buyers. As an investor I am constantly combing the market for motivated sellers who want to sell their houses fast. If I see a dramatic drop in price I am immediately on the phone trying to contact the seller. The slash method is a great strategy when you can’t afford to waste time or money on a property. If your viewings or interest is stagnant or low don’t cut your asking price, slash it. You will sell your house in no time!
Do not settle on estate agent
Not everybody is cut out to sell a house. Putting your own For Sale sign in the front garden is easy, but marketing your house can be confusing and expensive. Many motivated home sellers will contact an estate agent to help make the process easy. You should not settle for just any estate agent. Since estate agents sell houses for a living they have plenty of experience in property. Make sure to do your homework and find a reputable estate agent in your area. An experienced estate agent will know the trends and can help you make informed choices. While using an estate agent does still cost you money it could save you some time which, if you are reading this post, is your goal.
How you can sell your house fast and avoid the hassles?
By now you should be able to see that in order to sell your house fast there are big mistakes that need to be avoided and a lot of work to be done. So how can you avoid estate agents fees, buyers who aren’t serious and cleaning costs? If you really want to sell your house fast try selling directly to an investor. K&G Lettings Limited are investor who pay cash for houses. This allows us to make on the spot offers and to buy your house fast. While we can’t speak for all investors, we can say that customers that have sold their houses to us didn’t have to worry about cleaning or removing clutter. We took care of that for them at no extra cost. The most important service an investor can offer you is speed. We’ve bought houses in as quickly as a few days, but that may not be the case with all property investors. If you don’t want to pay commissions, worry about what to do with junk or personal items lying around the house and you want to sell your house fast, try reaching out to a property investor.
Call K&G Lettings Limited on 01482 961961 or complete the form below. What ever your needs were happy to help, whether its buying your property or discussing your options. Call today!