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How to sell home now for top dollar and without real estate commissions.
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Cheap Ways to Sell a Home Now!We know it's frustrating when you are in a position where you have to Sell Home Now. As corporate employees we were constantly moving and having to sell another house. We finally got so we had done it so often we stopped hiring agents to do what we could do better. I remember a conversation I had with an agent who called and said, “Are you ready to drop the price of your house and sell home now?” The answer was, “NO!” Our house had only been for sale a few days. We were not ready to give up. I replied, “If you can’t sell our house better than we can and for more money, how do you earn your money?” He hung up on me without replying or answering the question. Our house sold a few days later for the asking price. A real estate lawyer handled the closing for us for a small fee. Most lawyers can handle real estate transactions. We didn’t have to drop the price of our house or pay a real estate agent and we pocketed at least $25,000 dollars he could have cost us. We started marketing our own houses when realized that WE, not out real estate agents, were doing the tasks that REALLY sold our houses. And with most corporate moves we always needed to Sell Home Now! How Do You Sell Home Now? Here’s how we did it. The first task is to decide what your asking price will be when you sell. The pricing component is a key component to sell home now. What you can’t do is add together your purchase costs and the costs of remodeling and set the price with wishful thinking. We usually check selling prices for homes nearby at the tax office. You want to check at the tax office so you have the facts and you want to use very recent sales. The last 30 to 60 days work. Ignore anything older. Throw out the low and the high and average the rest. You want a market price to sell home now and this is a good way to set one. It’s similar to a comparative appraisal. (You also have to consider the market when you do any remodeling. It’s the real reason a fixer upper has to sell significantly below market. Remodeling costs a lot of $$$.) Next you must prepare your house for showing. If you really want to sell a home now and have not done these tasks, do them now. You can sell home now.
Here’s how to Sell Home Now:1.
Clean up and donate junk. Remember to make lists for tax deductions. Once you have finished cleaning then you need to stage your house for showings. Staging is important to sell home now because what you are doing is creating a fantasy in buyers’ minds. “If I buy this house I will be perfect and serene.” If you want to sell home now, you want to make your house look like a 5 star hotel suite. Staging is another critical component to sell home now. 1.
Stage your living room or family room like an inviting conversation
area. Yes, we all watch TV but try to make a focal point that seems
more inviting. If a buyer comes in and sits down they are interested.
What’s the first thing buyers see when the walk into your house
or any room of your house. You want them to see a great picture.
The next Step to Sell Home Now is to get the word out and draw people in to see your product.1.
Tell everyone you know that you are going to sell home now. Now, notice that most of the tasks we have recommended are not expensive fixes. Many can be DIY and only involve cleaning and staging things you already own. Painting is the least expensive of all the remodeling options and I always do it myself. In fact I have done so much painting I am better at it than many pros. I often do it for fun. It’s the best way there is to freshen a space and give it new life. Real estate agents will tell you to do expensive remodeling that could cost much more than you make at resale. Few remodeling projects bring a 100% return on investment. What that really means is you lose! Only do projects that make the house look good and clean. Granite countertops could cost thousands more than they would bring at resale. But an extra ¾ bath in a 1 bath house could cost less than $1000 bucks and make your house more marketable. Pick the upgrades that really work and keep the costs down. You can save money to invest in a business opportunity or save the credit card interest costs. Both are good for you and your family. In the current real estate market, less is more. Cleaning and staging are way better than a new kitchen. But can you make your kitchen look better? Sure you can. Clean, try some new paint, and put away most of the stuff on the counters. Do NOT spend tens of thousands of dollars on a new kitchen unless you plan to stay and enjoy it. Any serious buyer is likely to open any door, drawer or cabinet in your house. An inspector may also. You need to be ready for this kind of scrutiny. But getting houses ready for resale is a matter of cleaning and polishing more than actual remodeling. Sure, it’s not fun but it is not really expensive and it’s doable. The other issue to sell home now you have to address is that you need to get the word out. Many real estate pros are cutting back on advertising. Your home could linger on the market forever if you don’t work to get the word out to potential buyers. It is much more effective than any remodel for getting your house sold. Another good way to sell home now is to attract a buyer by offering owner financing. Many potential buyers can’t pass the new very stringent rules for financing. Or your buyer may be self employed and keeping to an aggressive tax strategy. These people could be good candidates to buy your home. You must still check a buyer’s credit and background to avoid difficulties. After the sale and a good payment history from your client you will have a marketable financial instrument you can sell to a note buyer. For some homeowners who need to avoid capital gains taxes it might actually be best to delay the gain for tax purposes. Everyone is different, but do what’s best for you. If you have a good product and let people know you can sell home now. Tidy things up instead of doing expensive remodeling.
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