If you have ever been in a situation where you need to sell your house faster, you know how exasperating it can be. Each day you wish that a good buyer would come along to make a good deal and purchase your property.
Fortunately, there are several ways you can hasten the sale of your home without sacrificing the price. Last time we talked about some questions you should ask to a realtor and today I am going to walk you through some steps on how to sell your home quick in any real estate market and get your leg up in the real estate competition.
I’m sure you know real estate market is a little bit different in Hawaii. For example, if your buyers come from top cities in other States such as Florida, San Francisco, New York, and Seattle you would probably want to offer a great deal that will put them out from a real estate shock.
The prices of properties for sale in these cities and the Maui do not really feature much difference. In San Francisco metro area you can a home for $688,600 in the same way as you can buy a house in Maui for $540,000 to $640. But if you bring the same amount of money to central Florida you can have the mansion of your dream, while you can be hard-pushed to find a mansion in Maui for the same price. So you now see how much convincing you can do before you make your property attractive to buyers from any states.
So here are some things you can do.
First of all you need to improve the curb appeal. Try looking outside your home and see its shortcomings. Is it clean and well-maintained? Check for broken windows, corroded roof, and fading paint. Take note of your landscape and make sure your lawn is mowed 24/7. Make sure your driveway, exterior porches, and exterior walls are well-groomed and functional.
If you take these steps before putting out your home in the market, I’m sure that buyers will be more likely to have a tour of the inside. Unless you are willing to discount your home price well below the market value, buyers do not want to buy houses that needs a lot of work.
Make some small upgrades to erase red flags. So if you have an extremely outdated kitchen sink or bathroom tiles, you probably need to replace them. Remember that the ROI (return on investment) is not 100% but making small upgrades can increase the value of your home.
The next you should do is depersonalize your home. Later on you’d be surrendering possession and ownership of your home to someone else who might not like your personalized design. Unless it is part of your home design, you can take out pet accessories, movie collection, clutters, and over-stuffed cupboards.
The next most important thing is to price your home competitively. If you sell your home for a price too low, you are like leaving money on the table. And if the price is too high, you are sending prospective buyers away to greater offers in online listings. So price your house correctly or better yet check market listings and see how strong the competition is for properties like yours.
The last thing to do is to advertise your house or place in the listing during the peak season. Sometimes the peak season depends on the prices of homes going down but naturally more homes are sold during Christmas season to the middle of April. Maui’s peak season usually coincides with the primary visitor season where most number of visitors come in. Most of these visitors come for vacation but many of them come for investment opportunities.
However, even if the peak season might be over, you can still get a speedy sale. So how do you get the offers rolling after people stage in to your house? Remember that when prospects get into your house, they can still change their mind or haggle for discount.Better yet, you can hire a real estate professional to help you get trough the way. As a realtor, I can tell you good ones will save you both time and money without a doubt.
Selling a house can really be challenging, considering the rigid market competition. Home sales were down in May 2014 from the with a total of 85 homes sold for a median price, according to the Realtors Association of Maui. However, now is not the time to wine about it if you really need to sell your home that fast. It takes a blend of good effort, the right steps, and luck to get into your goals. Just follow these simple tips and you will have a leg up in the market – and will attract many buyers for the right price.