On average, more than five million homes are bought and sold in the United States every year. This means that if you are looking to sell your property, you shouldn’t have any trouble finding a buyer.
However, high-demand for property sales doesn’t necessarily mean a potential buyer will snap up your home quickly. In fact, last year homes in America sat on the property market for an average of 56 days.
Fortunately, there are plenty of things you can do to speed up the process. Need to sell your home quickly? Then you’ve come to the right place!
Read on to find out exactly how to sell your house in 5 days!
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How Fast Can You Sell a House?
The property market in America is in a constant state of flux. Demand for properties, asking prices, and how long it takes to sell all varies throughout the year.
This can depend on a number of things including:
- The location of a property
- The time of year that you want to sell
- The global economy
- The condition of a particular property
- Whether or not the sellers and buyers are tied into property chains
For example, the best month to sell your home in America is May. This is because people are keener to move into properties during the summer months. So properties on the market during this time of year will generally sell quicker than winter properties.
However, even these properties will still be on the market for longer than a few days. If you want to find out how to get a house sold fast then you need a solid game plan in place and there are a lot of factors to consider.
Pricing Your Home to Sell It Quickly
There is a fine art to pricing your home so that it will sell quickly. Going in too high will reduce your chances of a quick sale. However, if you go in too low, you may lose out on a lot of money.
The average closing house price in America is currently $230,000, although this depends on the size and location of your home. Deciding how to price your home requires a bit of research on your part or with the help of an agent.
Try to look for similar properties that have recently sold in the local area. Finding out as much as you can about the state of the property and its asking price will help you figure out how to price your property.
For example, if a smaller property down the road from you sold for $500,000, you could put yours on the market for $540,000.
If you have an agent on your side, you will be able to do more digging about properties that are just entering escrow. This will help to find out the asking price of a property and how much it sold for.
That way you will be able to pitch your property at just below market value to attract buyers, without underselling by too much. If you manage to get multiple buyers interested in your property then they may compete with one another and raise the asking price.
However, price isn’t the only thing that is important when it comes to selling a house. There are plenty of other things you can do to secure a sale as quickly as possible. Let’s take a look at some of the other things you can do to sell your home in five days!
Provide a Thorough Listing
If you are going to sell your home as quickly as possible, you need to provide as much information about it as you can. This means you will answer the potential buyer’s questions quickly.
Any buyers will want to see:
- Excellent quality photos of a property
- An up-to-date floor plan
- Information about the neighborhood and local area
They may also have questions about the history of the property itself, so it is good to have this information to hand. If you have had any work done on a property, make sure you know who carried it out and when.
3D property tours are one of the most recent developments in property listings and it is worth including one of these if you can. This allows buyers to view your property virtually rather than in person. For some buyers, especially those overseas, this will be enough to secure an offer quickly.
If you are carrying out viewings in person, make sure you offer flexible viewing hours. This means that buyers will be able to view your property as soon as they can, which is key to selling a house fast.
Work on Your Curb Appeal
First impressions matter when it comes to selling your home and making a bad one could significantly slow down your selling time. This is why ‘curb appeal’ matters.
‘Curb appeal’ refers to what a potential buyer will see when they arrive at your property for the first time. This includes:
- Your driveway
- Any front garden or greenery in front of your property
- The sidewalk outside your home
- The state of any paintwork on your property
- The condition of your window frames, doors, and shutters
A shoddy outside appearance can get a viewing off on a very bad foot. It will immediately make your house look like it needs work, which will put some buyers off. On top of this, a poorly maintained exterior could leave buyers concerned about how well you’ve looked after the rest of your property.
Giving the exterior appearance of your property a little bit of TLC will improve your curb appeal and make a great first impression with buyers. This shouldn’t take too long but it will make a big difference.
Declutter Your Home
Presenting the inside of your property well is also important when it comes to how to get a house sold fast. This is the case whether you are doing viewings in person or online. Try to get rid of as much clutter as possible.
This will make your property appear more spacious and makes it easier for buyers to look around it quickly. They’ll be able to see all of your home’s potential.
A great way to do this is by boxing up as many of your personal possessions as possible before viewings and storing these in a garage, attic, or at a friend’s. This will also save you time when you do come to move!
If you do have to keep things in your property, try to make them look as minimalist and neutral as possible. The aim is to create a property that feels light, open, and airy.
Connect With a Broad Buyer Pool
Thanks to the internet, it is now possible to reach more buyers than ever before and this means it is easy to broaden your buyer pool extremely quickly. This is one of the fastest ways to sell a house.
To do this, make sure that your property is listed both locally and internationally. When advertising your property online, make sure you check the radius of your advertisement.
For example, if you are promoting a listing on Facebook, make sure you increase the radius of who you are targeting. This will ensure that people from out of town also come across your posts.
Get Creative With Your Marketing
Making your house stand out from the crowd is a sure-fire way to bring in more potential buyers. This significantly increases your chances of a quick sale.
To do this, you will need to think outside the box for how to advertise your property and any viewings of it.
You may want to take the time to make short videos about your home, its features, and the local area. Making a series of videos means that you can share information about your property multiple times. If you do this, make sure that each video ends by directing your viewers back to your property listing or open house.
You can also attract local viewers by hosting a moving sale outside your property. This helps you to clear out any clutter and promotes your sale at the same time!
If your home has any links to famous people or events, make the most of these when trying to sell it. Getting in touch with local news outlets could result in a valuable promotion about your home sale!
Provide a Home Warranty
One of the biggest challenges about trying to sell your home quickly is to create a relationship of trust between you and the buyers. You don’t want them to feel like you are trying to push a sale through. This can create suspicion that something might be wrong with the property.
You can overcome this issue by offering a warranty on the property along with a home inspection report.
A home inspection will highlight any work that needs to be done on a home. Ideally, you should carry out these repairs yourself to help close a deal on your home as quickly as possible.
You can also sweeten the deal by offering a warranty for any issues that arise during the first year of ownership. This means that if anything goes wrong in the first year, you will make a contribution to any repairs or emergency works. Usually, sellers offer between $300 and $500 for warranties.
Give Potential Buyers an Incentive
Throwing in a limited-time offer is a great way to secure offers from potential buyers. These are incentives that are only available if a buyer makes an offer within the first few days of a property being on the market.
Including any of the following may entice a quick offer on your property:
- Gym equipment
- The first year’s worth of HOA fees
- Entertainment systems
- Games equipment
If you know that your property has a certain flaw the buyers will notice you might be able to deal with this in your offer.
For example, if the garden is in need of some love you could offer to pay for a full landscaping job on it and for a year’s worth of gardening. That way buyers will feel like they’re getting a good deal even if your property isn’t in perfect condition.
How Can iBuyer Help You Sell Your Home Fast?
Real estate agents are no longer your only option when selling your home. Using iBuying is by far one of the quickest ways for you to sell your property online.
An iBuyer is a type of instant buyer that is interested in buying properties online quickly. This process is much more streamlined so you don’t even have to go to the effort of listing your property in multiple places.
Instead, you simply need to sign up to an iBuyer platform that will connect you with iBuyers. These may be local individuals, investment companies, or people living abroad.
Once you have had your property valued and listed its details, all you need to do is wait for the offers to come in! If you receive an offer that you are happy to accept then you can begin the closing process, which takes about one working week.
This is a great way to connect you with buyers who are interested in closing a deal as quickly as possible!
Now You Know How to Sell Your House in 5 Days!
While some houses sit on the property market for months at a time, knowing how to sell your house in 5 days will ensure this doesn’t happen to you! Keep these tips in mind and you’re sure to get a sale in no time at all.
Ready to get help selling your property from an iBuyer? Then get the ball rolling today with an iValuation of your property’s market worth in a matter of seconds!