The most basic way to sell your house faster is to have a complete understanding of a potential house buyer, or we can call it a buyer persona.
In a buyer persona, you note all the possible factors that the buyer would be considering while buying your house, such as the location, appearance, no. of rooms, etc.
Also, you need to keep in mind the places and platforms where you can find them or who they trust and are comfortable dealing with.
Now, to make it easier, we have listed down the top factors that will help you in selling your house quickly.
The good looks of a house play an important role when it comes to selling it. As no buyer would be interested in buying a house, that looks old or bad!
Therefore, you should focus on improving or enhancing your house aesthetics to leave a lasting impression on the buyer.
Now, do not just spend a lot of money on everything. By improving the looks, we mean that you work on the interiors and exteriors of your home or a "surface remodel."
Both the exterior and the interior have to look good enough for someone to consider it to be their new home.
Again, we recommend that you need to identify the changes that you need to make and spend money accordingly. If your house got painted recently then, do not paint it! If you have a lawn, then consider changing its fences or mowing your lawn. Also, fix everything that needs to be repaired, like leaky faucets, light fixtures, etc. Also, keep in mind that you have to keep the cost justifiable and reasonable for the buyer, as nobody would like an overpriced property.
Now, in some cases, these changes might be expensive, but you can always price your house to make up for everything, and when you put together an offer that fits the buyer's need, this will help in making a quick sale.
Once you have worked on the appearance of your house, then the second step is to get in touch with the real estate agents in your area.
Now, the most important part here is to associate with competent real estate agents. Getting a real estate license has become very easy, so there is a lot of real estate agents that are not competent in their field.
So, you need to identify and associate with the real estate agents who have a good selling record and know about all the tricks for selling houses at a good price.
Also, all good real estate agents have contacts of buyers who listen and trust them, and this increases the chances of selling your house faster.
So how to propose to a real estate broker for selling your house?
This is the next question that comes to mind, which is how will you propose to the real estate agents to sell your house?
The answer to this is simple, just offer them incentives!
By incentives, we refer to offering something that interests and adds value to your proposition.
It can be monetary like offering a high commission like 5-6% of the sale.
So, the overall proposition has to be profitable for you and the real estate agent.
Internet marketing is the current platform for selling houses, everybody checks the internet before checking other things like billboards, magazines, newspaper classifieds, etc.
Selling/purchasing real estate is no different!
You can get in touch with distant buyers who are interested in buying your house while sitting in front of your computer.
So, here is a list of place you can promote your house:
Craigslist.org
The first website that you can use for promoting your property is craigslist.org
When you list your house on craigslist, you need to add the location of the house and specify that you are the owner of the house.
Listing your property as the owner boosts your chances of getting the buyer's attention. One thing that you need to make sure is that you upload all high-quality images, and most importantly, you should upload a high definition walkaround video on YouTube. And, it will help your house listing to stand out from others that will help in getting more inquiries from potential buyers.
AssetColumn
Another platform that you can use to market your house is the asset column, and it is a platform that has a lot of real estate investors. Most real estate investors buy properties in cash, which will help you to make a quick sale!
One thing that you need to know is that AssetColumn is targeted more towards selling cheap houses that require repairs, so in case if you have some expensive repairs that you want to spend money on, then Assetcolumn is the right platform for you.
Everybody uses Facebook, and thus it is a great platform to sell your house.
One way you can use Facebook is by browsing through Facebook groups, and one easy way is to create a detailed post with all the pictures and videos of your property. Also, you can search for the active real estate agents in your locality using the Facebook graph search feature.
Google is the biggest search engine on the planet. Therefore, it has a lot of potential to sell your house quickly. You can list down keywords like, “Sell my houses fast Huntsville Alabama", or, “We buy houses fast Huntsville, when you search for these keywords, you can see all the people who are ranking on this term. Now, you can use strategies using SEO and Google Adwords to make your website visible to the interested buyers.
Now, this might take time, especially in the case of SEO, because it takes time for the websites to rank your website, but when it does, you will start getting more inbound inquiries than ever before.
These are the websites that are created for buying and selling properties online. Such websites already have a lot of visitors coming every day. Therefore, this will help you in selling your house faster!
All you have to do is to create an account and list your house with all the details, images, and videos on the website. Examples of such websites are zillow.com, apartments.com, loopnet.com, etc.
Now, in case if you do not want to give out any commission to a real estate agent, then this can help. Attend all the real estate investment association meetings, as there are a lot of buyers that attend these meetings, so it is an effective way to market your house directly to your potential buyers.
Sell your house today for the right price!
That was our blog, and I hope that this article helps you in your house selling journey!
We at Veritas Buyers are always there for help, where we put all our efforts to help you in selling your house faster. We are based in Huntsville, Alabama, and we want you to get the right price for your property as soon as possible.
Therefore, we have developed a 3-step buying process, where we schedule a no-obligation consultation, then we propose a fair cash offer that excludes any fees or commission.
Then, if you like our offer and after accepting it, we will issue a check or pay in cold hard cash!
We pay you immediately, and you have sold your house successfully at the right price.
Once again, we hope this blog helped you, and in case if you want to sell a property in Huntsville, Alabama, then you can contact us, or you can call us at 256-488-4055.
We are always here to help you!
What Are My Options?
Home selling is already a daunting task. It becomes even harder if you want to sell it quickly. There are plenty of reasons a person might want to sell his home. It could be unforeseen troubles, downsizing, financial disturbances, a new job, or an upgrade.
In any case, the pressure of selling your house could lead you to make some sloppy decisions. If things get out of control, you might end up underselling your house, consequently leaving money on the table. We have gathered some safer routes for you to take to sell your house quickly at a considerable margin.
You want to sell your house fast, but unsure how?
The following five options can help you make informed decisions that align with your current situation and help you sell your house faster.
1. Short Sale Your Home
There could be plenty of reasons why you might want to sell your home fast. You might be going through a divorce, the property might be behind its payments, or maybe you are going bankrupt. These reasons could lead you to homelessness.
To avoid these situations, you could short-sale your home, which means selling your house for a price less than you owe to your lender. However, these sales take longer, usually 3 to 4 months more than regular sales. Hence, it is not a fast route to sell your home.
2. Hire a Professional Realtor
Around 89% of homeowners hire realtors to sell their property. That is because these realtors are professional home sellers, and for a small commission, ranging between 6% to 8%, they can sell your house quickly and for a profit.
A good realtor can help you set your home for viewing to setting a price for your property. Moreover, their chain of network helps them to gather the maximum number of potential buyers possible.
3. Auctioning Your Home
Auctioning your home could be another solution to your problem. Selling your house through auction might sell your house within a couple of months. The great thing about auctioning is that not only can a distressed seller sell their house, but any homeowner can.
Selling your home at an auction comes with its fair share of risks as well. You will have to pay a percentage of your sale to the auctioneer. That can a hard pill to swallow if your house does not sell at a price you were hoping for.
4. Underselling Your House
This one is an obvious option if you want to sell your house. All you need to do is undercut your competition. In this case, other houses in the neighborhood. For example, if you want to sell your house in Huntsville, Alabama, quicker, then you have to drastically reduce your asking price to attract the maximum number of offers.
5. Sell Your Home to a Cash Buyer
This method is exactly what it sounds like. This is the quickest, reliable, and one of the most favored options of home sellers who want to sell their homes quickly and hassle-free. It is estimated that every one out of four homes is sold for cash. This statistic might indicate how popular this form of home selling has become.
What is the Process?
It does not matter where your home is located; the process of selling your house is usually the same. More often than usual, the process starts with a phone call. This allows the buyer to gather the information he needs to decide whether to buy your house or not. Some companies might do a bit of research to come up with an offer.
Once all of that has been done, the buyer will approach you with an offer. If accepted, the deal is closed in a matter of days, usually in a lawyer's office.
Very Few Sales Fall Through
When you decide to sell your house to a cash buyer, it is very unlikely that your sale falls through at the last minute. Since there is no bank or third party involved, after the transfer of cash, there is no backing out.
No Fees
Usually, there are several fees linked with selling your home in an orthodox way. The biggest of them is the commission that you have to pay the real estate agent.
When you are selling your home to a cash buyer, you can bypass paying commission to the real estate agent. You will also be able to avoid fees for property inspectors, appraisers, closing costs, sellers commission, property tax, insurance, and everything in between.
You Might Get to Rent the Place
Usually, cash buyers invest in properties to put them up for rent to earn a profit. This can be a great opportunity for you to keep a roof over your head if you do not have anywhere else to go. You can be asked to rent the place by the buyer. This way, you can avoid foreclosure and still have a roof over your head.
You can Sell Your House As-Is.
If your house is not in the best of shapes, then it is probably better to sell your house as-is, to save money and time. Such houses are not easy to sell to families looking for their next home. But cash buyers will have no problem buying such a house from you.
Quick Sale
Instead of waiting for an offer and hoping that everything goes through, selling your house for cash is a much faster option. You can close the deal within a few days after the cash offer is accepted. No more waiting for months to get your house sold.
Selling your house for cash is very convenient when you want to move quickly or in need of cash. You can avoid financial problems sooner if you sell your house for cash.
Ease of Sale
Dealing with cash buyers can be very convenient for you, as all the parts of the sale will be handled by the buyer. You will not have to worry about staging your house or having people coming in and out. The whole process is smooth, speed, and, most importantly, a stress-free sale.
In a perfect world, your job is secure, and your health is fantastic. Then the unthinkable happens and you're losing your home. We understand how devastating facing foreclosure can be.
These unfortunate events can affect how you pay your bills, including your mortgage. But whatever your setback is, we can help!
In this article, we will help you understand what a foreclosure is and the process. Then we'll discuss how to avoid foreclosure and how you can stop foreclosure proceedings. As we move forward, we'll explain how we can help get you back on the right track.
A foreclosure is when a homeowner falls behind on making their mortgage payments. If the house doesn't sell at auction; it becomes a property of the mortgage company.
Home buying is a gigantic step and nothing beats providing shelter for your family. Most home buyers don't have the full amount to pay for it upfront. So they choose a monthly payment method and apply for a home loan through a lending company.
A lending company is a bank, credit union, or financial institution that lends you the money to buy your home. When you're ready to close on the home, you will sign the lender's mortgage note.
This note states you agree to pay the loan back over a specific period. This agreement also states that the lender is the official owner until you pay the loan back.
If you miss your monthly loan payments, the lender will take your home as collateral and then auction it off. This is foreclosure.
Each lender has a different policy on how many months you can miss. It can be as few as two months late. However, according to the Consumer Financial Protection Bureau, 120 days late is common.
When you exceed their late payment threshold, the lender records a public notice. They report this public notice called a Notice of Default or NOD. A NOD is a record that shows you have defaulted on your mortgage.
Next, they give the notice to you or post it on your door depending on state law. This notice is a warning to let you know that you are heading towards foreclosure.
There is a grace period where you can make a payment arrangement with the lender to pay the amount you owe. This grace period is a pre-foreclosure. If you pay off the amount agreed upon, the foreclosure ends.
If you can't work out negotiations with your lender and can't pay, the house goes up for auction. At the auction, the highest bidder will get the home.
If the bidder does not buy the home by the end of the auction, it will become bank-owned property or real estate owned. These properties are sold by a local real estate agent on the open market.
But if the foreclosure process has started, can you stop a foreclosure? Next, we'll talk about how to stop foreclosure auctions immediately.
Here are a few tips to avoid foreclosure. If you see a mortgage payment issue in the upcoming future, call your mortgage lender immediately.
This is the best among the foreclosure prevention options.
Even if only one month's mortgage payment could be late, contact your lender
immediately. Contacting them early as possible before the first late payment is the best thing you can do. Avoiding your lender is the worst thing you can do.
Life happens, and sometimes payments become past due. Your lender provides loans to many homeowners. They hear many reasons homeowners could be late.
If you don't have the full payment, contact them and pay what you can. Give them as much incentive to work with you as possible. If you can't afford to pay anything make sure you tell them. You want to be as upfront and honest with your lender as possible.
If they can't seem to help you with options, you can get help through an MHA program.
The Make Home Affordable program is a modification program. This program provides free advice from counselors who can tell you your options.
Also, be sure to contact your state's housing agency. They might offer a housing counseling program in avoiding foreclosure like MHA does.
Did you know you can stop foreclosure? If you know your options, mortgage relief is possible.
Going through a foreclosure can be tough. Remember that many people go through this and that you have options. If you don't know what's right for you, reach out to your state's housing agency.
