A roller coaster ride begins the day you decide to put your home on the market. You have to follow so many obligations that you may wind up being confused and stressed from time to time. Even before you list the property for sale, you have to do a lot of things such as performing a comparative market analysis (CMA), determining the right price and preparing the house for sale.
Selling a home can take up to 100 days, and that too if everything goes smoothly. A small oversight or mistake can cause all the hard work to go up in smoke, forcing you to start over.
Here are a few simple tips to sell house quick in New York you can follow:
Price your home competitively
Overpricing a home is almost always a bad strategy. On the other hand, you can create a lot of buzz in the market by pricing your home competitively. You can even manage to sell your home for more than the asking price if your list it just a few hundred dollars below market value because it may lead to a bidding war. So what it basically means is that you can actually sell for more by pricing competitively. Analyze the details of the homes recently sold in your neighborhood to come up with the right price.
Focus on online marketing
Most home sellers start their search for a home online, so you should aggressively market it on all the prominent online listing websites in your area. Identify your target buyers – whether they are families with kids or empty nesters – and come up with a marketing strategy accordingly. By spending just a few hundred dollars, you can promote your home to your target buyers on social media channels.
Decide whether you want to make repairs or not
You have two options when it comes when you want to sell house quick in New York. You can either stage the property to make it look at its best or sell it ‘as-is’ without making any repairs or renovations. Staging is a long process in itself and some of the steps involved are as follow:
While staging will help you to sell your home faster, it is a very time consuming process. It can take you several weeks just to prepare the house for sale.
The other alternative is to sell your home as-is. You may have to either accept the buyer’s request for a repair credit or price your home more competitively, but you won’t have to spend any money and time on staging the property.
Find a cash buyer
The buyer’s dependency on a mortgage is one of the main causes for delays in a property transaction. A conventional lender will want to have the property’s value appraised and follow many underwriting norms such as checking the borrower’s credit rating and loan-to-income ratio before approving the mortgage. The formalities can take several weeks to complete.
You should try to find cash buyers if you want to sell house quick in New York. You can promote the property to cash buyers. You can even mention this in your online listings. Almost 25 percent of the home deals involve all cash buyers in America, according to the National Association of Realtors.
E2F Properties is Westchester County’s premier real estate redevelopment company. We would love to help you sell your home anywhere within Westchester. If you have a home that you need to sell or if you know of a property in your neighborhood that you think needs renovation, please call us to discuss your options! We are a solutions company and are available to help! (914) 999-2293