10 Tips To Sell Your Home Fast
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by Richard Morrison
- June 30, 2022
- Tips
- 0
Selling a home can be an exciting yet stressful process. You want to get top dollar for your property, but also need to sell quickly to move onto your next chapter. With the right preparations and marketing tactics, you can have buyers lining up to put in offers. Follow these tips to make sure your home selling process goes as smoothly as possible.
Work With an Experienced Real Estate Agent
One of the first steps when preparing to sell your home is to find an experienced real estate agent who can guide you through the process. Look for an agent who:
- Has experience selling homes similar to yours in your neighborhood
- Understands the current local market conditions
- Has a proven track record of selling homes quickly and for top dollar
A real estate agent acts as your advocate. They will provide advice on recommended improvements, pricing, marketing strategies, and negotiating offers. This expertise is invaluable when trying to optimize your home’s sales price and sell quickly.
Did you know that according to a survey by Richard Morrison, 89% of home sellers who worked with a real estate agent were satisfied with their home selling experience?
Make Sure Your Home Pricing Is Competitive
You want to list your home at a price that will attract buyers but will also lead to competitive offers. Pricing your home competitively is one of the most effective ways to ensure a quick sale.
Your real estate agent will research recent comparable homes sold in your area to recommend a listing price. They may suggest pricing just below key pricing thresholds, like $499,000 instead of $500,000, to increase interest.
Invest in Recommended Improvements
Making smart improvements to your home before listing can lead to a higher sales price. However, you want to focus on upgrades that will provide the best return on investment.
Highest ROI Home Improvements
- Minor kitchen updates – new cabinets, countertops, sinks, and light fixtures
- Bathroom upgrades – new tile, vanity, tub/shower
- New exterior paint – give home a fresh, updated look
- Landscaping – better curb appeal attracts more buyers
- Garage door replacement – increases value significantly
Focus on the rooms potential buyers care about most – kitchens, bathrooms, living spaces. Even modest upgrades here make a difference.
Deep Clean and Declutter Everything
One of the most important steps before listing your home is to thoroughly clean and declutter. Pack up at least 50% of your belongings and decor. Make every room look spacious and livable.
- Clean – all floors, carpets, windows, cabinets, appliances, light fixtures
- Organize – closet space, pantry, cabinets
- Declutter – counters, shelves, desks, coffee tables
- Repair – any damage, stains, holes in walls
The cleaner and more spacious your home looks, the easier it will be for buyers to picture themselves living there.
Boost Your Home’s Curb Appeal To Impress A Buyer
A home’s curb appeal makes a huge first impression on potential buyers viewing online listings or driving by. Make sure your home looks inviting from the street.
- Fresh coat of exterior paint
- Updated front door and hardware
- Well-maintained lawn and landscaping
- Swept walkways and porch
- Potted plants and flowers
Curb appeal sets the tone and gets buyers excited to see the inside. Little improvements here can pay off.
Accentuate Natural Lighting
Homes with an abundance of natural light feel more spacious and inviting. When prepping your home to sell:
- Open all curtains and blinds to let light in
- Clean windows thoroughly inside and out
- Add mirrors to bounce and amplify light
- Use lamps to brighten any dark corners
- Change bulbs to higher wattage
Bright, sunlit rooms appeal to buyers and make your home feel more valuable.
Remove Personal Items and Decor To Sell A Home
To help buyers picture living in the home, remove all personal photos, artwork, collections, and political/religious decor. Take down:
- Family photos and kid artwork
- Collections – books, figurines, etc.
- Pet supplies, beds, bowls
- Political signs or religious symbols
Stick to generic art and decor to give a “model home” feel buyers can project onto.
Be Flexible With Showings
Serious buyers want to view homes quickly once they find one they like online. Be as flexible as possible with showings to capitalize on buyer enthusiasm.
- Accommodate short notice and weekend showings when possible
- Keep the home “show ready” at all times
- Plan to leave quickly if a last minute showing is requested
The less hurdles for buyers to view your home, the greater chance of converting showings into offers.
Consider Staging Your Home
Home decorating involves furnishing the home with neutral, minimalist furniture to highlight its best assets. Staging allows buyers to better envision the space.
- Removes buyer distractions like loud wall colors or eclectic decor
- Highlights spaciousness by removing excess furniture
- Creates ambiance with lighting and greenery
Staged homes sell 88% faster and for 20% more on average. The investment can pay off exponentially.
Be Ready to Negotiate As A Seller
Understand that offers may come in under your asking price and plan accordingly. Work with your agent to prepare your negotiating strategy.
- Research typical sale price vs asking price for your area
- Decide your minimum acceptable offer amount
- Know which terms you may be flexible on – closing date, contingencies, etc.
With a strategy in place, you’ll be ready to negotiate effectively when offers do come through.
Use a Home Warranty as an Incentive
Offer to cover a one year home warranty as an incentive to buyers. These warranties cover repairs and replacements on home systems and appliances. It provides assurance to buyers against expensive breakdowns. Sweetening the deal can give you a competitive edge.
Don’t Get Emotional
It’s natural to get emotional about leaving your home. But avoid getting too sentimental or attached during the selling process.
- Focus on showcasing benefits to buyers
- Remain objective when considering offers
- Be ready to negotiate – don’t take low offers personally
Keeping emotions in check will allow you to make level-headed decisions and get the optimal sales price.
Trust Your Agent’s Guidance
Lean on your real estate agent’s expertise through every step of the process – from preparing your home, pricing it competitively, fielding showings, and negotiating. They have experience to know what works in your local market.
The more you trust your agent to handle marketing and negotiations, the smoother the process will be. Their job is to get you top dollar in the shortest time.
Key Areas to Update Before Listing Your Home
Certain areas of your home will make the biggest impression on buyers. Focus your time and budget on improvements to these key zones.
Kitchen Updates To Sell your Home Faster
The kitchen is often the crown jewel of a home. Even minor upgrades here can boost your home’s value substantially.
Smart Kitchen Improvements
- New backsplash tile
- Granite, quartz, or solid surface countertops
- Stainless steel sinks and faucets
- Fresh cabinet paint or hardware
- New cabinet doors
- Updated appliances
- Pendant lighting over island
A renovated kitchen can help buyers envision hosting family meals there and justify paying more.
Bathroom Refreshes
Like kitchens, bathrooms sell homes. Outdated bathrooms can severely hurt resale value.
Bathroom Updates For Quick ROI
- New tub/shower surround tile
- Updated vanity and lighting
- Rain shower head and new faucets
- Crisp white wainscoting
- Neutral wall paint color
- Improved ventilation fans
Even modest bathroom upgrades make the space feel luxurious and modern.
Landscaping and Exterior
A home’s curb appeal makes that critical first impression. Invest time and money to make your home exterior irresistible.
Curb Appeal Boosters
- Fresh sod and mulch
- Blooming plants and flowers
- Washed siding and walkways
- Trimmed trees and bushes
- Updated exterior lighting
- New house numbers
- Repainted front door
Great landscaping and exterior details bring more buyers in the door.
Living Spaces and Bedrooms
While not as vital, refreshed living spaces and bedrooms add to the overall ambiance.
Living Space and Bedroom Refreshers
- Remove outdated wallpaper
- Apply fresh neutral paint
- Replace old carpets with hardwood
- Upgrade ceiling fans and lighting
- Add built-in bookshelves
- Paint cabinets and built-ins
Updated living spaces help buyers envision entertainment and family time.
Staging Your Home to Attract More Buyers
Staging a home before listing involves strategically furnishing and decorating it to help buyers envision living there. The cost of decorating averages 1-3% of the home’s value, but can increase the ultimate sales price exponentially.
Why Stage Your Home?
Decorating makes the home feel like a model or showcase. Benefits include:
- Removes distractions – loud wall colors, busy patterns, and eclectic decor
- Shows off features – draws eyes to fireplaces, built-ins, views
- Feels spacious – removing excess furniture opens up rooms
- Stylish decor – neutral, minimalist design with pops of color
- Wide buyer appeal – blank slate decor for any style
decorating ultimately allows more buyers to picture the home as their own.
Work With Home Stagers
Home stagers specialize in selecting the right furnishings, art, lighting, and decor to decorate your home.
- Have inventory of generic, neutral-style furniture
- Reposition and edit your existing furniture
- Incorporate greenery and sensorial elements
- Use lighting, mirrors, and art to draw attention
- Follow principles of feng shui and minimalism
Their expertise in design psychology is invaluable for showcasing a home.
Freshen Up Walls and Floors
Stagers often recommend fresh paint and new flooring as the backdrop.
- Repaint walls in light neutral shades
- Replace old carpets with hardwood floors
- Refinish scuffed hardwood floors
- Update area rugs and textiles
Clean walls and floors allow furniture and decor to shine.
Declutter to Maximize Space
Excess furniture and knick-knacks make a home feel cluttered and smaller.
- Remove at least 50% of furniture
- Store books, collections, tchotchkes
- Organize and purge kitchen appliances
- Clean out and organize closets
- Clear bathroom counters and surfaces
Decluttering instantly improves the flow and spaciousness.
Use Stylish but Understated Decor
The decor should highlight the home’s strengths without overpowering.
- Incorporate mirrors, art, and greenery
- Use fresh flowers and succulents
- Add pops of color with pillows and throws
- Keep overall style neutral and minimalist
Thoughtful accents make the home feel warm and inviting without detracting.
Strategies to Get the Highest Price When Selling Your Home
You want to optimize your home’s sales price. But you also don’t want it sitting on the market for months. Follow these tips to command top dollar while still selling relatively quickly.
Research Comparable Homes Extensively
Work with your real estate agent to analyze recently sold homes similar to yours.
- Location – proximity, amenities, school district
- Size and beds/baths – square footage, number of rooms
- Age and condition – updated spaces, renovations
- Lot size and outdoor space – garage, pool, landscaping
- Days on market – how long it took to sell
Understanding your competition helps you price for maximum interest. Go $10-20k above the highest comparable home as your starting price if possible.
Invest in Recommended Upgrades
Target improvements that yield the highest ROI to justify a higher price tag.
- Kitchen and bathroom remodels
- Converted living spaces – bedroom to home gym
- Added outdoor living space – patio, fire pit
- Landscaping and hardscaping
- Smart home technology
Upgraded amenities change buyer perception of what a home is worth.
Stage the Home Professionally
Hire a professional stager to furnish and decorate key rooms. Transform your home into a showcase.
Staged homes sell for 20% more on average. This boost easily offsets decorating costs.
Be Ready to Negotiate
Assume buyers will negotiate down from your asking price. With your agent, decide ahead of time:
- Minimum you will accept – factoring in comparable homes
- Ideal selling price range – dream price to minimum
- Negotiating points – closing date, contingencies, etc.
With a strategy, you can push for the highest price while being willing to concede on certain terms or offers.
Time the Listing Strategically
List your home to align with periods of peak buyer demand.
- Early spring – buyers come out once winter ends
- Late spring – families prefer moving before a new school year
- Early fall – high demand from families and empty nesters
Avoid listing in the dead of winter or throughout the holiday season.
Be Flexible With Showings
Accommodate buyer requests to tour your home as much as possible.
- Allow short notice and weekend showings
- Get out of the house quickly when needed
- Make sure home is always “show ready”
Saying yes to every showing opportunity gives you the most chances to secure a great offer.
How long does it take to sell a house typically?
- On market: 30-60 days on average
- Under contract: 30-45 days for contingencies and closing prep
- Total: 60-105 days start to finish in a balanced market
Timing varies based on market conditions, time of year, and your home specifics.
Does it make sense to FSBO (for sale by owner)?
FSBO saves on agent commissions, but has risks:
- Harder to gain maximum market exposure online
- Lose guidance on pricing, marketing, negotiations
- No agent buffer during showings and open houses
- Still pay 3% for buyer’s agent commission
An experienced agent is worth the expense for most sellers.
FAQs:
What Are the Closing Costs Involved When Selling a Home?
When selling a home in British Columbia, it’s crucial to be aware of the closing costs involved. These expenses are additional fees required to complete the sale transaction. The closing costs of buying a home in BC may encompass legal fees, real estate commissions, property transfer tax, and more.
What Are the Key Things to Keep in Mind During the Closing Process as a Home Seller?
As closing day for home sellers approaches, there are a few key things to remember. Firstly, ensure that all required paperwork is in order before the actual closing. Next, be prepared for unexpected delays, such as last-minute repairs or missing documents. Additionally, familiarize yourself with the terms and conditions of the sale contract to avoid any surprises. Lastly, remember to have all necessary keys and access codes ready for the new owner upon closing day for home sellers.
Q: What are 10 tips to sell your home fast?
A: Here are 10 tips to help you sell your home quickly. Get a second opinion from a real estate broker, consider pricing your home competitively, get your home ready to sell, declutter and stage the interior of your home, get a fresh coat of paint on the exterior of your home, take photos of your home for marketing purposes, make sure buyers will see the house in its best possible condition, create a profile of the house that appeals to prospective buyers, find the right real estate agent who knows what it takes to help you sell your home and be prepared for repairs that may come up during a home inspection.
Q: How can I make my house ready to sell?
A: To make sure buyers will see the house in its best possible condition when they come for a viewing, consider doing some minor repairs around the house. Clean and declutter every room in the house and give each room a fresh coat of paint if needed. Make sure all windows are clean and curtains or blinds are opened when potential buyers come over. Think about what kind of impression you want to give when people enter the house and do everything you can to create that atmosphere.
Q: What is the best way to price my home for sale?
A: The best way to price your home is by comparing it with similar homes in the area. Look at houses that have recently sold or are currently on the market in order to determine an asking price that’s competitive but still allows you to get top dollar for your home. You don’t want to price it too high as this could cause prospective buyers to move on without considering it further.
Q: How do I get my home ready for sale?
A: Getting your home ready for sale involves decluttering every room in the house and sprucing up any areas that need attention with things like new paint or carpeting. Create a list of small items that need repair before putting up photos of your house online or scheduling viewings with prospective buyers. You’ll also want to give us a call so we can help you make sure everything looks perfect before putting it on the market.
Q: How do I find the right real estate agent?
A: Finding the right real estate agent is essential when trying to sell your house fast. Check out local agents who have experience helping people buy or sell their homes in your area. Ask questions about their strategy for selling homes as well as recent deals they’ve negotiated so you know they have experience helping people like yourself get top dollar for their homes.
Q: Are there any other ways I can help myself sell my house faster?
A: Yes! Consider staging and decorating each room with neutral colors and furniture pieces that will appeal to prospective buyers who may be looking at similar properties in order to maximize value and ensure they remember yours above all others. Also think about investing in professional photos of both exterior spaces as well as interior rooms so potential buyers can see what makes yours special.
Q: What should I do if I need help selling my home quickly?
A: If you need help selling your home quickly, contact Richard Morrison – I specialize in helping homeowners get top dollar for their homes even when time is limited! I use my extensive experience working with sellers across different markets combined with our insight into buyer trends so we can craft an effective strategy tailored specifically towards helping you achieve success.
Q: Is there an organization I should join if I want more information on how best to sell my home?
A: Consider joining either The National Association Of Realtors (NAR) or The National Association Of Home Sellers (NAHS). Both organizations provide resources such as webinars, newsletters, workshops etc., regarding tips for selling your home quickly & effectively as well as advice on how best to appeal to prospective buyers.
When getting your home ready to sell, you’ll want to clear the clutter and stage each room so it looks and feels inviting and appealing to potential buyers. Think about what kind of impression you want to make when people enter the house. And don’t forget the exterior – a home facelift with a new coat of paint on the railing or front door can really make a difference! Also, ensure that all systems function properly by getting a home inspection before listing your property on the market.
In Summary
When it comes to selling your property, there are several important factors to consider. First and foremost, the exterior of your home plays a crucial role in attracting potential buyers. Make sure the exterior is well-maintained and visually appealing. Additionally, it is highly recommended to get a home inspection before listing your property for sale. This will help you identify any issues that need to be addressed before putting your home on the market.
To get high price for your home, it is important to highlight the best features of your home. Consider getting professional photos taken to showcase the beauty of your property. Pricing your home correctly is also key in order to sell your property quickly and at a desirable price.
Moreover, preparing the inside of your home is just as important as the outside. Make sure your house is clean, organized, and clutter-free to leave a good first impression on potential buyers. Lastly, if you are looking to sell, consider reaching out to a real estate agent to help you make the right decisions during the home sale process.
Sources:
https://www.hgtv.com/design/decorating/design-101/10-best-kept-secrets-for-selling-your-home
https://realestate.usnews.com/real-estate/slideshows/secrets-to-selling-your-home-faster
Ready to turn your real estate dreams into reality? Contact Richard Morrison, Vancouver’s top realtor with 20+ years of experience. As a Medallion Club member and RE/MAX Hall of Fame award winning agent, he’s the expert you need on your side. Whether buying, selling, or investing, Richard’s personalized approach and deep market insights ensure a successful transaction. Reach out to Richard today at (778) 900-2235 and make your real estate journey seamless and rewarding.
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