This BLOG On Tips And Advice Selling Home Fast By Real Estate Professionals Was UPDATED And PUBLISHED On February 17th, 2020
Many home buyers have an existing home and need to sell the existing home to purchase the new home.
- Other homeowners need to sell their homes fast due to a job loss, job transfers, or immediate relocation due to expanding family
- Others want to downsize and need to sell their large home and buy a smaller home
- Gustan Cho Associates are direct lenders with no lender overlays on government and conventional loans
- We understand the needs of homeowners who need to sell their homes to purchase another one
- Real Estate Purchase Contracts With Contingencies such as a contingency of selling their current homes often are deal breakers on purchase contracts
- Gustan Cho Associates offers a short term bridge loan program
- We will get homeowners with equity in their homes funding on their exiting property so they can use that towards their down payment on their new home purchase
- This is a short term bridge loan for 90 days
- Homeowners taking advantage of this bridge loan program can purchase the new home with no need of selling their exiting property
However, they need to still sell their exiting home. In this blog, we will offer tips and advice selling home fast.
Best Advice Selling Home For Sellers
The best Advice Selling Home fast is to seek the advice of a trusted real estate professional.
- The agent should know the area and be an experienced full-time agent
- It’s okay to hire a less experienced real estate agent but the rookie agent should co-partner with a veteran Home Buyers and/or Homeowners need to get along with the agent
- The realtor needs to understand the needs of the home buyer/seller and be accessible at all time
If the realtor has a delayed response in getting back to buyers/sellers, this will be a problem and will not be a good fit.
- The realtor can Advice Selling Home on how to window dress home in order to sell home fast for the least cost possible
Most of Advice Selling Home by realtors should not be expensive and many times will not cost anything,
Typical Advice By Realtors
The realtor Advice Selling Home may be the following:
- Clean up clutter
- Do minor yard work
- Clean windows
- Organize garage
- Rearrange furniture
- Do some minor repairs or minor landscape
Tips And Advice Selling Home By Most Realtors
Most realtors advice selling home fast is to give potential home buyers a great first impression when buyers drive up to the listed home:
Make The Most Of First Impression for not just potential buyers but other realtors:
- Well-Manicured Lawn
- Trimmed Shrubs
- Clutter-Free Porch
- Clear Driveway with no vehicles or vehicle parked in the garage
Paint is cheap and goes a long way:
- Paint exterior and interior if possible
- If it is the fall, rake the leaves
- If it is winter, shovel walkway, and driveway
The fewer obstacles between potential buyers and the true appeal of the home, the better chance of getting offers.
Get The Most Out Of Investment
A home is a person’s largest investment in their lifetime. Invest several hours to maximize profit from the sale of the home.
Clean The Following:
-
- Bathroom
- Kitchen
- Make sure garage, basement, attic, the shed is clutter-free
- If the woodwork is scuffed or the paint is fading and/or peeling, consider doing some minor restoration
- Fresh Wallpaper adds charm and value to the home
- If time is a major obstacle and factor, hiring a professional cleaning crew or painters will not break the bank
- Home Buyers first impression is what sells homes
Light Bulbs & Leaky Faucets:
- Dripping water rattles the nerves, discolors sinks, and most home buyers will take leaky faucets as a sign of worn-out plumbing system
- Burned out light bulbs and/or faulty wiring leave potential homebuyers in the dark
Do Not Shut Out A Sale:
- If cabinets or closet doors stick in home, home buyers will pick this up
Safety And Security
Homeowners learn to live with all kinds of self-set booby traps:
- Roller Skates On Stairs
- Festooned Extension Cords
- Slippery Throw Rugs
- Low Hanging Overhead Lights
- Make home as non-perilous as possible for uninitiated visitors
-
Advice Selling Home With Ample Space And No Clutter
A home that is overloaded with furniture and clutter WILL NOT sell.
- Make sure to make room for space
- Potential home buyers are looking for more than just comfortable living space
- Most home buyers are looking for storage area
- Attics, basements, closets, and other potential areas need to be clean, organized, and clutter-free
Closets:
- The better organized a closet is, the larger it will appear
- Box up unwanted clothes and store them off-site or donate them to charity
Bathrooms:
- Bathrooms sell homes
- Let bathrooms shine
- Repair damaged areas
- Caulk tub and shower areas
- For added allure, display best towels, mats, and shower curtains
Bedrooms:
- Wake up prospects to the cozy comforts of the home’s bedrooms
- For a spacious look, get rid of excess furniture
- Colorful bedspreads and fresh curtains are a must
Open Up During The Day
- Let the sunshine in
- Pull back curtains and drapes so potential homebuyers can see how bright and happy the home is
- Lighten up at night
- Turn on the excitement by turning on all lights in the home: Both interior and exterior lights
When showing home in the evenings, lights add color and warmth and make potential home buyers feel welcome.
Advice Selling Home On How To Treat Potential Home Buyers
Home Sellers should avoid crowd scenes:
- Potential home buyers often feel like they are intruding when they enter a home that is listed
- Home Buyers feeling like they are intruding will often not pay the attention the home deserves
- They will most likely want to rush viewing the home
- Keep the company present to a minimum
Watch Pets:
- Most folks love animals
- However, this is not the case when it comes to showing the home
- Keep pets out of the way so homebuyers can concentrate with viewing home
Keep Volume To A Minimum:
- Loud noise from television and/or radio will become a distraction
- Keep volume and noise to a minimum when showing home
Vacating Home When Showing
- Many realtors recommend that home sellers vacate the premises when there is a showing
- In the event home sellers are home, be friendly but do not try to force a conversation
- Most home buyers want to view home with minimal distraction
- Never apologize for any shortcomings
- If a prospect volunteers negative comments about certain features of the home have the real estate agent deal with it
- Keep a low profile
Many exiting homeowners will want to sell their furniture:
- Do not offer any sales of furniture until a contract is in the works
Potential Offer & How Qualified Is Home Buyer
If a potential home buyer is really interested in making an offer, please have the real estate agents do the negotiations. Never talk price, terms, or other real estate matters with the home buyers. This is all part of the negotiation process among the buyers and sellers realtors.
Most of the time, a sellers realtors will not show a home without the buyer having a pre-approval letter. Unfortunately, not all pre-approval letters are solid. There are many loan officers that issue pre-approvals in a matter of minutes. All pre-approvals from Gustan Cho Associates are solid full credit loan approvals that are fully underwritten and signed off by our mortgage underwriters. Sellers and/or sellers agents may want to talk to the buyer’s loan officer and do their own due diligence on how solid the home buyer is.
February 17, 2020 - 5 min read