Selling a home comes with so much anxiety, more so if you need to do it fast. Whether you need quick cash for the house for financial reasons, a personal situation, or job reasons, there are a few things you can do to attract strong offers and reduce time on the market.
This post discusses tips on how to get cash for house fast:
Prepare Your House for Sale
Prepping your house improves its marketability. You don’t have to do a major renovation, but taking care of the following details will help get top dollar for your home.
Declutter and Organize
Hoards of junk us always a bad sign for prospective buyers. Moreover, decluttering and organizing is one of the cheapest and quickest ways of preparing your home for sale. Get rid of any empty containers, boxes, and trash in every room.
Store away personal items like family photos that may make it difficult for buyers to picture themselves in the space. Remember to organize the closets, pack away extra belongings or furnishings, and store them in a storage unit.
Steam Clean Carpets and Refinish Floors
If you have hardwood floors, refinishing them could go a long way towards getting your house sold quickly. Alternatively, you can steam clean the carpets if you don’t want to shell out a lot of money. Both of these actions give your home a more “finished” look that buyers will appreciate.
Invest in Minor Repairs
You may not have time for significant renovations, but there are a ton of minor fixes that can deter people from paying cash for houses. Inspect your home for loose door handles, leaky faucets, loose tiles, or peeled paint and take care of any repairs.
Consider investing in minor upgrades as well. Applying a fresh coat of paint, installing new light fixtures, and updating cabinet hardware can go a long way towards enticing potential buyers.
Boost Your Curb Appeal
An excellent first impression is a MUST if you want quick cash for your house. Start by replacing old hardware such as the house numbers, the overhead light fixture, and the wall-mounted mailbox.
Consider installing window boxes, planting flowers, painting the front door, and adding potted plants.
Market Your House
Make your buyers easily find you. Utilize the home marketing tips below:
Stage the House
Highlight your home’s best features by strategically arranging furniture and other decorative items. It will not help your home sell faster but also increase its sale price. Pare down the furniture to make rooms feel larger, keep the tabletops simple and uncover the windows to let in natural light.
Add a basket with fresh produce in the kitchen, set out an aromatic bar of soap and fresh towels in the bathroom, and whittle down the closets to create breathing room for clothes, linens, and towels.
Take Professional Photos and Video
It pays to have professional photos and videos of your home – both the exterior and interior.
The National Association of Realtors 2017 study estimated that homes with one photograph spent an average of 70 days on the market while those with 20 photos spent 32 days on the market. Expect to pay upwards of $300 on professional photos and a video of your home.
Write a Killer Listing Description
Your listing description should be warm and inviting. It should paint a picture for prospective buyers – describe the perfect patio for summer cookouts and highlight perks like nearby schools, transportation, shopping, etc. Mention specific finishes and skip the nuts and bolts often highlighted by MLS in data fields.
Host an Open House
A traditional in-person open house gives prospective buyers to scout the place and take measurements. A virtual open house is often hosted on Zoom and Facebook. Prospective buyers watch and ask questions as you highlight the best features.
Leverage Social Media
Facebook and Instagram have millions of active users who log in every day, making them a powerful marketing tool. Upload a Canva flyer with 4-5 photos and highlights of your house to Facebook Marketplace, your Facebook page, and Instagram. Consider creating a squeeze page, which provides valuable information in exchange for a visitor’s email address.
Sell House for Cash: What Are My Options?
There are several ways you can sell your house, depending on the situation. Consider the following ways:
A significant benefit of selling your home without the help of a real estate agent is that you save on commission. However, you have to negotiate like a pro if you want to sell your house for cash quickly. Be prepared to negotiate escrow timelines and deal with contract paperwork.
Consider consulting an attorney for help with all things legal.
Hire a Real Estate Agent
Professional real estate agents understand what it takes to sell a property quickly in your area. Your realtor will handle everything from contract prep work and negotiations to signing and closing. The downside is that you have to pay them a 3% commission.
Sell at an Auction
While auction sales aren’t always guaranteed, they are a great way to sell your home for quick cash. The sale prices are usually 80% of the market value.
House auctions are fast, efficient, and effective as they can put money in your pockets within 40 days. They can also help you stop a property repossession.
Sell to a Cash for House Buyer
If you find yourself searching “sell my house fast,” consider selling to a company that offers cash for houses. They don’t charge any fees and you pay zero closing costs. In addition, sales close in as little as seven days.
There is less hassle, more convenience, and fewer sales falling through. In addition, you don’t have to worry about house improvements or hosting showings.
Get Fast Cash for Your House
Selling your home for quick cash doesn’t have to be nerve-wracking, thanks to the above tips. Whether you decide to work with a real estate agent or request a cash for house offer, you now know your options.
Just remember that the best way to sell your house is one that works with your needs and timeline. The choice is yours but either way, implement the above tips for preparing and marketing your home. They will help you get top dollar for the property.
If you enjoyed this, read more from our blog today!