Do you want to sell your house quickly? Follow these 5 tips from Dave Ramsey
These moves could be your ticket to a quick sale.
- Although buyer demand is still strong, homes are not flying off the market like they did last summer.
- If you want to sell your home quickly, it pays to use the right strategy.
- Dave Ramsey’s tips include finding a good real estate agent and framing your home for sale.
There was a point last year (and even in the first half of 2022) when selling a home fast all you had to do was create a listing. For months, the housing market faced a serious inventory shortage, causing homes to be thrown off the market within days (and sometimes hours) of being sold.
These days the real estate market has shifted. Buyer demand is still strong and stock is still limited. But we’re not seeing the same surge in demand that sellers were able to capitalize on last summer or earlier this year. So, if you want to sell a home quickly, some strategy is required on your part. Luckily, financial expert Dave Ramsey has these effective tips on how to get your home off the market as quickly as possible.
1. Choose the right real estate agent
A real estate agent can help you strategically value your home and present your home in the best light to buyers. And if you receive multiple offers, your agent can help you evaluate them and decide which one to accept (eg, a cash offer to a buyer who needs a mortgage).
It pays to consult a few brokers before signing a contract. Better yet, ask for recommendations from people you know who have had good recent experiences.
2. Declutter and clean thoroughly
A cluttered house discourages buyers. So if you’re looking to sell quickly, do yourself a huge favor by downsizing your belongings. Of course you don’t have to throw anything away. You can rent a temporary storage unit to store your non-essentials until your home is sold. But when you’re about to bring in potential buyers, you want your home to look as tidy as possible.
With that in mind, make sure your home is immaculate ahead of open houses and screenings. Buyers tend to be picky about details and it would be a shame if excessive bathroom grime made the difference between receiving an offer or not showing up.
3. Anticipate major repairs
Buyers may be willing to overlook minor issues with your home, but a major repair could be a huge deal-breaker. If you are aware of issues related to your home, address them before your listing is published. That could mean replacing your roof when you know it’s on the way out, or hiring an electrician to bring your older home up to date.
4. Stage your home
The purpose of home staging is to highlight the best features of your home and make it look as open and inviting as possible. Your real estate agent may be able to help you stage your home, or there are professionals you can use for this service.
Part of the staging process can involve depersonalizing your space. This way, buyers can more easily imagine living there. That could mean removing artwork that you might love but that suits your tastes.
5. Priced just right for your home
It is important to set a realistic and competitive price when listing your home. You don’t want to put yourself in a position where you’re getting less money than you can ask for, but you also need to make your listing price seem reasonable to buyers. A real estate agent can help you price your home, but it’s also a good idea to see what the competition is doing. Check out listings for similar homes in your area to get a feel for the price you should set.
Gone are the days when buyers made offers on houses without even seeing them. With the housing stock rising, buyers can now be a bit more selective. But if you follow these Ramsey tips, you can expect a quick home sale — and a less stressful experience from start to finish.
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