In a competitive real estate market where supply outstrips demand, selling a home can often be a stressful experience. If you are looking to sell your home in a hurry, we bring you five tips that will help you generate buyer interest and get the best price possible.
1) Select the right platform
Many times when we are interested in selling our property, the first option that comes to our mind is to enlist the help of local sales agents. However, these agents have a limited local reach and are often unable to give home sellers city wide or nationwide coverage. Instead advertising on property portals offers an excellent and cost effective medium for advertising a property. By listing the property online, sellers are easily able to attract a larger pool of prospective buyers.
2) Package it well
Websites such as indiaproperty.com allow sellers to write their own property description and upload their own photos, so sellers have plenty of opportunity to creatively package and market their homes thereby making it more appealing to the buyers. Highlighting the property’s USP and using effective photographs is a sure shot way for garnering genuine buyer attention.
3) Price it right
A fairly priced house is the key to selling a home quickly. If the property is priced too high, you may scare away prospective buyers and miss out on potential opportunities. Experts suggest pricing your home aggressively. At first glance this may seem like undervaluing your property, but a low price often calls for quick and competing bids, thus ensuring that you get a fair price at the end.
4) Sweeten the deal
Many times, buyers sitting on the fence need an inducement to close the deal. At that time, you could encourage potential buyers by offering them hard to resist incentives such as including a few pieces of used furniture or appliances in the deal.
5) Prepare you home
It is imperative to remove all clutter and completely clean the home before showcasing it to potential buyers. This often includes adding a fresh coat of paint, removing additional furniture to make the room look bigger and fixing small repairs such as leaky taps or broken windows. Don’t forget that you are not just competing with other resale homes in the market, but with brand-new homes as well.
Selling a home in today’s competitive market requires a little extra work. It is therefore essential to ensure that your house is in perfect shape. These quick tips coupled with an attractive price will help you attract genuine buyers and make a quick sale on your home.
Lakshmi Datta Arun for IndiaProperty.com