How To Sell Your House In 5 Days?
No one likes to wait around to sell their home. What if you could sell your home in 5 days? To learn more about selling your home in an accelerated time frame, let’s take a look at some strategies to find buyers ASAP!
Hire Professionals to Get Your Home Ready
Time is of the essence for fast home sales, so you don’t want to spend valuable time and effort on something that others can do. That’s why you will need to hire professionals to take care of the grunt work.
First, hire a professional cleaning company to make your home sparkle and dazzle. Professional cleaning companies often use specialized equipment and a team of technicians that can quickly clean your home, as well as address any issues that may escape your watchful eye.
Most likely, you’ll have furniture and belongings to remove. Homebuyers need to be able to see themselves living in the space without your idiosyncrasies distracting them. That’s where a professional moving company can save you the backaches and energy that moving takes. If you have a 2nd home already lined up, the moving company can transport your belongings there. If you don’t, renting a storage space can temporarily relocate your belongings until the home is sold.
Once your home is decluttered, it’s time to hire a professional stager. Stagers are commonly used to rearrange your home’s remaining belongings or use rented furniture to create a home that’s appealing to those who see it.
Price Your Home Below Market Value
Nothing motivates potential buyers more than a great price that they can’t let get away! Price your home at least 5% less than the last sale in your neighborhood. For a $200,000 home, this would only be $190,000 - not a significant sum when you consider that the longer you wait, the more time you’ll lose to holding showings and negotiating with buyers.
Research is obviously need for recent home values, so websites like Zillow.com and City-Data.com are great resources to find home values. You can also book an appointment with a home appraiser who will give you an honest assessment of your home’s value and any issues that could be warding off potential buyers.
Use a “One Day Only” Sale to Spark Immediate Interest
Make your home a can’t-miss event by advertising it as a “One Day Only” sale. Just like a garage sale or estate sale, everyone wants to catch a deal. By having this time frame, you can weed out people who may not be ready to purchase or only want to look at your property during an open house.
To get your one-day sale off without a hitch, you will need to take immediate action to spread the word, so be prepared to do the following:
- Place fliers around your town, including sign posts, community centers, laundromats, and major intersections.
- Create an eye-catching sign in your front yard that informs a passerby of the event and the time you intend to hold the open house.
- Tell everyone you know. Word-of-mouth is exponential, and those who see your sign can inform their network who may be in the market for a home.
- Take out an advertisement on www.craiglist.org. Only costing sellers $25, you will place the ad in more than one category to guarantee an optimal number of viewers for the most exposure. Be sure to include “One Day Sale” in the title, eye-catching photos, and a thorough description.
Offer “Can’t Miss” Incentives
For a speedy sale, you should get creative to entice buyers. If your home has any assets that you don’t mind selling as part of a package deal, you can throw these in to distinguish it from other deals on the market. For example, if you have a vehicle that you’re willing to part with, you can include that in the price of the home. Similarly, including a boat is another great option, especially for homes that have water access or are located near bodies of water.
Expedite Your Closing
Once you’ve received some offers, the closing period of the home sale can take some time. Negotiations often take place over a prolonged period, where the buyer may reinspect the property or ask for repairs to be made.
To forgo these delays, offer to sell the home as-is and itemize each request for a quick sale. For instance, you may experience a delay if your home needs to have a new water heater, which would require a delivery and installation that delays the process. Instead, offer a price reduction that covers (or exceeds) this repair and include this explicitly in the contract.
Last, seek out cash buyers versus those with mortgage loans. Loans typically take some time to approve and unless the lender supplied a preapproval letter for the buyer to show you, you may find that offers fall through at the last minute or the buyer may back out.