How Home Sellers Can Sell Homes Fast While Getting Top Dollar

This guide covers how home sellers can sell homes fast while getting top dollar. When they decide to sell, it is highly recommended that they list their homes with a professional real estate agent. When it comes to a homeowner selling their home, they normally interview several realtors. Having the right realtor to represent sellers is extremely important. Unfortunately, many professional, experienced realtors sometimes do not get the listing agreement because the sellers do not like what they hear from the realtor. Here is what Dustin Dumestre, the President and CEO of F-1 Lenders, LLC, a DBA of NEXA Mortgage, says about how home sellers can sell homes fast while getting top dollar:

Sellers want to hear that their homes will sell quickly at the highest price. Many sellers do not like to hear when a realtor tells them that they need to remove clutter and spend money on doing minor repairs.

Minor repairs such as basic window dressing like landscaping and painting before officially listing their home can make a big difference in how fast a home sells. More often than not, and unfortunately, there is a percentage of uninformed home sellers who choose a realtor who is not from the area and recommends the highest listing price. Initial pricing on a home is extremely important if the most important factor for home sellers. The following paragraphs cover how home sellers can sell homes fast while getting top dollar.

How Home Sellers Can Sell Homes Fast By Pricing Home Right

One of the most important factors on how home sellers can sell homes fast is by pricing the home right. Over pricing a home is one of the worst mistakes home sellers can make. A realtor will most likely do extensive research on comparable sales of homes that sold in area. The realtor will also have homes that are currently on the market and how long they have been in the market comparable to subject home and make adjustments compared to home

Bidding War For Homes That Are Under Priced

Homes sell for a price the home buyer is willing to pay and for a price the seller is willing to accept. If the subject home has been priced below market value, the home seller will most likely be receiving multiple offers resulting in driving up the price to its current market value. In the event if home sellers price their property too low, the risk is minimal because the market will drive it up. Pricing it too high is a problem because sellers do not want property listed for over 90 days. If home is priced right, home sellers should be able to get a purchase offers within 90 days of the listing. Therefore, how home sellers can sell homes fast is by pricing the home right.

How Home Sellers Can Sell Homes Fast Hiring The Right Realtor

How home sellers can sell homes fast is by hiring the right real estate agent who is knowledgeable about the area. I strongly recommend to hire a real estate agent who is from your area and knows the area well. Hiring a realtor who is not familiar with the area and does not have many listings in surrounding area will not be as effective as a realtor who concentrates his or her business in neighborhood of subject property. Location is key in the real estate business. The key on how home sellers can sell homes fast is hiring a real estate who is familiar with the area like its her home area. A realtor who consistently represents buyers and sellers in local area will know how to appropriately price home in order to have it under contract within 90 days

Home Sellers Advice In Changing Realtors?

I have a close friend of mine who had his home in the market for the past 6 years. He had over 7 real estate agents as well and recently fired his latest realtor and signed up with a new agent. It is a unique higher end property which is listed for $2.7 million. The property was purchased for $1.20 million back in 2005. My friend has been trying to sell it for since 2008. Every single one of his 7 real estate agents did not have a single showing in the past 6 years. Not even a call. Marketing?  The property was marketed via every available means. All of the 7 real estate agents were all reputable full time realtors who were all top producers.

How Home Sellers Can Sell Homes Fast While Getting Top Dollar

The problem here is that the property has been listed too long and the price is overpriced. The home is gorgeous. But the market is dictating that the parcel is overpriced. If he gets a potential buyer, the buyer will see that the property has been listed for 6 years and will be weary of why the property is not selling. In a way, the property has been tainted for being overpriced. Will it sell at $2.7 million?  Maybe but the probability is likely not anytime soon. Every realtor has advice my friend to lower the price. But my friend strongly feels that the home is worth every bit of $2.7 million. Advice to home sellers is sellers cannot be overly attached to their home. How home sellers can sell homes fast while getting top dollar is to have an open mind on what the market is. There is a reason why there is not a single phone call of interest. Homebuyers or homeowners who need to qualify for mortgage with direct lender with no overlays on government and conventional loans, please contact us at 800-900-8569 or text us for a faster response. Or email us at gcho@gustancho.com. The team at GCA FORUMS Mortgage Group available 7 days a week, evenings, weekends, and holidays.

Frequently Asked Questions on How Home Sellers Can Sell Homes Fast

We have prepared a list of important and frequently asked questions (FAQs) to help home sellers sell their houses fast and also elicit the maximum sale price:

How Home Sellers Can Sell Homes Fast and for Maximum Price – FAQs

How Home Sellers Can Sell Homes Fast: What is The First Step Towards Selling My Home?

First, seek to declutter and clean your home, make repairs, and, if possible, stage your house to increase prospects. Then, do some market research for basic pricing models.

What Do I Need To Do to Set a Price on My House?

Ensure every house is comparable in terms of market prices within the region, then focus on doing a proper comparative market analysis (CMA) or seeking an appraisal to ensure the property’s adequate valuation. Should I use a real estate agent, or should I just sell it alone?

The answer depends on several factors, starting with your knowledge of the market, sale prices, and negotiation expertise, which can be useful since real estate agents can minimize the effort and maximize the sale price. On the other hand, selling the property without an agent invites more effort but could eliminate commission payments.

Which Parts of My Home Should I Remodify or Improve to Maximize How Home Sellers Can Sell Homes Fasts: Appreciation in Value?

Start with kitchen and bathroom renovations, fresh paint, minor landscaping changes, and improvements in garage and driveway aspects. Small changes greatly enhance perceived value.

How Home Sellers Can Sell Homes Fast: What is The Importance of Staging a Home For Sale?

Staging makes it easy for potential buyers to picture themselves in the space. Most times, a home that has been staged sells at a better price and within a shorter duration than if it were unoccupied or in poor condition.

What Marketing Techniques on How Home Sellers Can Sell Home Fast Should I Apply?

There are several ways to market the property. I recommend implementing professional photography, virtual tours, and appropriate use of social media and popular sites. Advertising through open houses also worked well.

What Service Strategies Can I Adopt to Make My House Stand Out in Showings?

Always keep the home neat, bright, and free from smells, and use a fairly neutral style when decorating. Leverage all the lovely features with a good atmosphere.

What is Pertinent to Inform Prospective Buyers?

You must inform buyers about any issues you are aware of, particularly concerning the structure’s integrity, problems resulting from repairs, or issues about the surroundings. Being honest cultivates trust and can prevent legal problems later on.

How Do I Deal With Offers?

Scrutinize every offer, particularly the recommendations, time limits for completion, and the buyer’s financial capability. Then, get ready to bargain.

What Are The Serious Issues When Thinking About How To Sell My Home?

For instance, the most ​common mistakes one should avoid are putting the house up for sale at a price that is too high, not making necessary repairs, if any, not bothering too much for showings, and making no effort to respond to the offers made on time. Doing all or most of the things mentioned will make someone much longer in the selling period.

How Home Sellers Can Sell Homes Fast: Are All Houses Sold Within Six Months or Less?

Home selling requires marketing, and with marketing comes an expectation. Due to the expansive range of pricing and markets, homes sell in a few days to several months. Various factors like pricing and presentation timing greatly influence attracting a buyer.

Can I Reside at My House Till the Closing?

The meaning of closing is to settle all the pending issues, especially in dealings where the house is being sold. In addition, such houses are sold after the owner signs many documents. Also, the sale can not be completed without the seller’s obligations. Before occupying the house, a seller will know the terms of the sale, including the costs and any dispute that may cut across the sale.

These answers help home sellers plan how quickly they could sell and get a high price for their home or other property. Most importantly, one should build an appropriate plan, parametric pricing, and a presentation for selling.

This guide on how home sellers can sell homes fast while getting top dollar was updated on November 22nd, 2024.