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6 Tips to Sell Your Home Fast

1. Find the Right Real Estate Agent

If you want to sell your home fast, the first step is to hire a real estate agent. The ideal person will know the local market and have a sales record that proves they know how to sell. Keep in mind the seller is often responsible for paying the commission for both the buyer and seller agent. In exchange for the convenience of an agent, you're likely on the hook for a selling commission between 2% and 3% of your selling price.

Keep in mind that a real estate agent will help with the entire process. They'll oversee the professional photographer who will take top-notch photos of your home as well as negotiate the best price. They also will write up a real estate listing that sells, schedule and host showings, and market your property to get it seen.

2. Price It to Sell

One of the most effective ways to sell your home fast is to price it competitively. If you price it too high, you detract prospective buyers and price out potential bidders. In addition, it may take longer to settle the negotiation process if prospective buyers want your price to come down.

Your real estate agent (or realtor) will research comparable homes (aka “comps”) in your area to set a realistic price. If you really need to sell fast, then consider pricing your home a little lower to attract interest (and maybe even spark a bidding war). If you haven’t received any offers by a certain date, your agent can further reduce your selling price.

It’s also helpful to think about the price points that buyers search for in your area. If you list your home for $302,000, for example, then you’ll miss all the potential buyers who are looking for homes under $300,000. It’s probably not worth asking for the extra $2,000 if it means fewer buyers will see the home.

3. Clean, Declutter, and Depersonalize

Buyers need to be able to picture themselves in the space, but they won’t be able to if your house is a mess. Give your home a thorough cleaning from top to bottom, get rid of clutter, and hide the family photos and other personal items. It's fairly standard industry practice to hire external cleaners especially prior to a major showing.

Rearrange the furniture so your home looks inviting and so buyers can move through your home without bumping into anything. If necessary, put bulky items in storage. A crowded room looks like a small room.

4. Boost Your Curb Appeal

If you want to sell quickly, it’s essential to make a good first impression. The first thing a buyer sees is a home’s exterior and how it fits into the surrounding neighborhood. To boost your home’s curb appeal, give attention to both the house and its surroundings.

Make sure the pathway from the curb to your porch is clean and safe to walk on. This includes straightening any uneven paths and pruning overgrown bushes. In addition to being a safety hazard, you want to make sure prospective buyers can see and focus on the appearance of the house as they approach.

There's plenty to do with your surroundings as well. Plant flowers or sprinkle bark mulch to give your yard a freshly-landscaped feel. Lay out a welcome mat and make sure your mailbox is clean. Dust away spiderwebs and debris from windows, eaves, and porches.

Not only does a positive curb appeal welcome prospective buyers, but it also signals to the market that you've cared for the home and they can believe the rest of the house has been well taken care of as well.

5. Take Care of Quick Repairs

You won’t have time for any major renovations, so focus on quick repairs to address things that could deter potential buyers. Survey the house and take care of the easy fixes including:

• Fix all loose tiles in the bathroom or kitchen.
• Fix all loose hinges on doors or cabinets.
• Unclog or replace stuck drawer tracks.
• Repair any leaky faucets and ensure all plumbing systems work.
• Remove carpet stains or refinish hardwood floors.

Depending on how much time and money you want to spend getting the home ready, you might also want to update fixtures, buy new appliances, install new hardware on the cabinets, and give the interior a fresh coat of (neutral) paint.

6. Sweeten the Deal

Another way to make the home and deal more attractive is to offer something to sweeten the pot. Buyers love financial incentives, and if you are pressed for time, consider how you can make your offer attractive. Examples include:

• covering all closing costs
• accommodating move-out/move-in schedules with the buyer's preference
• agreeing to all inspections
• agreeing to pay for known items of concern to a buyer
• offering a transferable home warranty that provides discounted repair and replacement services for household appliances and systems

Source: https://www.investopedia.com/articles/mortgages-real-estate/08/sell-down-market.asp