Listing your home and waiting for it to sell is a tedious task. Home selling can take up to a few weeks to a year depending on the condition of your house. If a house sits on the market for more than a month it loses its value. People consider it a negative sign thinking the house may have certain defects making it unsellable. If you think your house has been sitting in the market for a long time you may try these methods to sell your house fast.
Set A Realistic Price
Setting a realistic price of a house is a vital step towards faster home selling. High-pricing is the most common mistake made by home sellers. Setting a realistic price for your home is a big challenge. It is recommended to take professional help before fixing the price in alignment with the fair market value of the house.
In such circumstances, you may consider slashing the price of your house. It is advised to wait for three weeks to a month before dropping the price of your house. The National Association of Realtors state around 40% of home sellers reduce the price of their properties at least once. You must be thinking what is the exact amount to attract buyers? There is nothing like a precise amount but you may consider reducing a significant amount from the total value. Although, deducting some thousand dollars may help gain attention to your house.
Lack Of Staging
For a buyer to buy any product or service, it should be appealing to the eyes. Similarly, for houses, it is an essential aspect to stage it properly to make it appealing. A staged home will sell fast for cash than any other house. While listing your home in the market make sure you stage it nicely to entice potential buyers. You can take some ideas from Pinterest or hire a professional stager to make the work easy.
Consider Making Improvements
Curb appeal will make faster sales. When you do improvements in your house just before listing it gives a good impression on buyers. Enhancing the interiors of the house requires staging, similarly, the exteriors need enticing curb appeal. Having mold-infected exteriors, untrimmed lawn, leaking pipes, etc. may result in delayed sales. The fix here is to carry out an improvement session to address the basic problem areas of your house.
Bad Quality House Pictures May Delay Sales
Nowadays buyers prefer viewing properties online instead of stepping out for house hunting. The National Association of Realtors state that around 87% of buyers find online listing useful. If you have listed your home online and it still isn’t selling, the reason might be poor pictures. Make sure your pictures are not blurry as you’ll be uploading them online for potential buyers. You can click pictures yourself or hire a professional photographer.
Avoid Selling Your House In Winter
Winter is the slower time of the year where the sales are typically low. It is a holiday season where people move out of the cities for social engagements or go on holiday to warm places. There are chances that your house may take longer to sell or you may have to sell for a lower price. It is advisable to wait for winter to pass on instead of selling in this period. Although selling your house in winter is not an ideal situation; you can still sell it to buyers who are on a house hunt.
Keep Renting As An Option
If you’re having a hard time selling your house you can try renting. When you rent your house it promises monthly cash which is a good option when you are running out of savings. If you have moved out already and have the pressure of paying two mortgages then renting can be an ideal option. It will allow an ample amount of time and aid in saving money in the future.
Sell To A Cash Buying Company
If you are running out of time and are looking for a solution you can contact companies that give cash for homes. Elite Properties is one such company that buys remodeled houses New York. We close a deal in as less than 7 days, which makes you move with your plans at a faster pace. Selling your house to a cash buying company promises faster sales with no hassles paperwork.
Do you wish to sell properties online but don’t know whom to approach? Well, we are here to suggest and help you pick the right person. Many homeowners call up real estate agents for selling their house for a bigger profit and faster sales. Although, it is advisable to check both the options before proceeding with one to know what favors you best.
You might think what is the difference between both of them anyway? The difference is negligible as they both generate revenue from the same field. Scroll down to know the difference between real estate agent and a real estate investor.
License Plays an Important Role
To make valid transactions it is important for a real estate agent to have a license. An agent requires a license of his/her particular state of service. Also, an agent will only need a license if they plan to represent someone else in the home buying or selling process. On the other hand, an investor does not require a license to run the business.
Commission Has Different Aspects
Let us say, the commission is involved in agents and investors both, but the methods for extraction is different. Real estate agents earn commission on every sale carried by them. The amount can be anywhere from 1-5% of the total share inclusive of the other costs. Agents usually rely on the sale value of a property to earn commission, high sale value means greater profit.
A real estate investor offers cash for homes, which means they offer you hard cash in return for your property. An investor has a faster pace of working when it comes to making fair cash offer and regulating the cash flow. They will sell the property at market value or flip it to another investor for lesser price. Sometimes investors sell properties in bulk to earn more with each sale, this way investors find ways to earn commission.
Maintaining The Integrity of the Brand Has Diverse Ways
Talking about the integrity of the brand, real estate agents make sure they promote their brand name to gain business. Agents maintain a good networking system with the help of websites and business cards to increase the client count. Real estate investors on the other hand do not spend a lot on marketing. They use signboards with ‘we buy ugly house’ or ‘we buy house for cash’ written on them. These signs are placed in cities or nearby yards, which can be easily spotted from a distance. Retaining the integrity of the brand may have different modes, but the motto stays the same.
Involvement of the Brokers
Real estate agents have to work under brokers rather they are employed by brokers. Once the agents are trained and have a license by the state, they are required to work under brokers for better earnings. A real estate investor does not have the need to work under a broker as being licensed isn’t mandatory.
How Elite Properties Is Better Than Any Other Agent
We covered the basic differences between an agent and an investor so you can figure out the best option for yourself. Although, there are some more differences, which will help you choose better.
Agents: Real estate agents sell home with the help of MLS also known as Multiple Listing Service
Elite Properties (Investor): We buy house individually without any listings
Agents: You’ll have to pay closing as well as additional costs to cover a sale.
Elite Properties (Investor): We cover everything inclusive of closing costs and legal fees to make your home sale process easy
Agents: A traditional home sale through an agent will take approximately 30-60 days to close a deal
Elite Properties (Investor): We close a deal in as less as 7 days
Picking the right person to sell your house is vital. One has to research their options before proceeding with a home sale. Elite Properties is cash buying company, we sell your house in 3 days in any condition and any location. Furthermore, we will also pay your legal fees and closing costs. Call us on 718-977-5462 or visit our website https://www.elitepropertiesny.com/ to know more about the home selling process.
To increase a property’s value there are so many enhancement options available in the market. Although, are they sustainable? Will they add value to the house? Asking such questions will help you choose better options while you do renovations. Instead of paying huge bills you can invest in smart appliances and save later. Switching from grid to solar energy. Getting your home LEED certified. Investing in a rainwater harvesting system are some eco-friendly enhancements to add value to your home’s worth. Taking these miniscule steps will encourage you to live a sustainable life.
Consider Smart Windows for Saving Big On Bills
The weather plays a vital role in your monthly bill savings. On hot days you would need an AC whereas, cold days will require heating systems. The question here is how you can take an eco-friendly step? The answer is installing smart windows. Smart windows come with a darker tint and have an opaque facade. The dark cast helps in regulating the energy intake while the opaque facade helps with maintaining privacy. These windows cut your power consumption by 20% as they are good for retaining temperatures.
Invest In Solar Panels for Good Returns
Solar panels may come with upfront costs, but it will aid in saving energy bills. Installing solar panels will assure great ROI. Although the prices are on the higher-end it may lessen the rebate reliant on your state/city. It is also essential to make proper calculations before shifting from grid to solar energy. If you live in warmer areas, changing entirely on solar energy can be a wise option.
LEED Certification Is Essential
A LEED certification works as a verification platform for a house/locality’s green traits. The analysis features consist of the construction material, electrical appliances, etc. The certification is mostly pertinent to new commercial buildings. Although, the certification may be applicable to the residential sectors soon. Also, if you need cash for homes, it is time to get your home certified.
Switch To High Energy Efficient Machines
Switching to high-efficiency appliances comes with profit. While selling the remodeled houses New York, energy-efficient appliances act as a bonus for potential home buyers. High-efficiency appliances consume less energy, but it is essential to compare the energy performance before installing them. Switching your old HVAC system with energy star rating appliances cuts the energy consumption by 40%. You may also consider installing a solar water heater and save a few thousand dollars.
Use Green Seal Certified Materials and Recycled Wood For Renovations
If you are thinking about renovation, you can select from green seal-certified materials. The green seal certified material are non-toxic and are eco-friendly. Products like carpets, industrial glue, wood stains, etc. are prepared with VOCs, which are chemical-free. To increase your home’s value you can also switch to using recycled wood for furnishings. Reuse and recycle is the need of the hour, and using reclaimed wood can be the best choice.
Rainwater Harvesting Adds Value to Your Home
Rainwater harvesting is a natural option when it comes to saving water. It indeed comes up with an upfront price, but the profits may prevail over the costs in the future. Mounting a rainwater gathering system can be favorable for you and can save nearly $200 yearly. This way, you are taking small eco-friendly steps towards a sustainable living, which adds value to your home.
Going eco-friendly is not just a step but a routine in itself. Adapting the above mentioned changes will entice more buyers and help you sell your home fast. While doing these renovations it makes your home green or sustainable and increases your home’s worth. Furthermore, you can contact Elite Properties to sell houses for cash on 7189775462. We buy houses for cash and offer you fast closings and an easy home selling process.