How Do I Sell My Home Quickly?

At a time of economic uncertainty, more and more people are willing to relocate out of state for find themselves gainful employment. These individuals often cannot wait too long for their home to sell, as they will be making 2 payments - one on their current home and one mortgage or rental payment on a new home - financially just not doable for most. There is such a hurry that mistakes cannot be made. Pricing too high and "testing" the market is definitely not a viable strategy for these sellers, as most likely their home will not even be looked at by today's hyper-bargain conscious buyers. And competing against foreclosures, which are accounting for about 80% of all home sales today, there is another potential hurdle to overcome. Pricing below other "normal" homes by 10% or more seems to be the best advice around.

1. Make improvements to the home - buyers just want to move in, they don't want to fix anything or deal with a property that needs work, unless that property is steeply discounted. If you don't have savings and have to borrow money to fix the home and make it presentable, than do so. You money will be more than made up. Try borrowing from friends and family first. You may be able to get a contractor to agree on delayed payment, such as when the home closes so you don't have to come out of pocket. Alot of businesses are struggling right now and are able to come to different terms than in the past.

2. Clean it up - clean and declutter the home, these 2 items could make a substantial difference in buyer perception, and often don't cost anything, other than time involved and elbow grease. By decluttering, remove anything visible that is personal in nature, family photos, etc, as this will deter the buyer visualizing themselves in the home, rather that it is someone else's.

3. Curb appeal - Buyers primarily use realtors to email them possible home listings. Most times buyers will opt to drive by your home before deciding if it's worthwhile to set up a private showing of the home, so make sure eyesores from the front of the home are removed.