Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

How to Sell Your House Fast in a Slow Market

By Simon Macharia Subscribe to RSS | January 22nd 2012 | Views:
loading
 
  



There are more homes sitting on the market than there are buyers in the current real estate market. More and more homes are entering the market, either from home owners or from banks trying to offload their foreclosed homes.

Selling your house fast can therefore quickly become a challenge. So how can you get your house sold in such tough conditions?

When most home buyers start looking for houses, they start their search on the internet. They will usually search in real estate websites like Realtor.com and other real estate websites.

This usually happens even before they call a Realtor. Then the next steps of looking for the right home, narrowing down on several properties and driving out to see the house depends on several factors.

1) Price

Price is the first thing they look at after they have selected the right criteria like size, neighborhood, etc.

Naturally, a home buyer will go for the lowest priced. This means if your house has to sell fast, you must price it below similar houses in the neighborhood.

Even though price is not the only thing they notice, it is the very first thing that makes an impression.

It is important to remember that a newly listed property holds more appeal than houses that have been in the market for months, so it is important to get the price right the first time.

Of course you can only price it low if your mortgage balance allows it. Your Realtor will help you get the best price for your house.

2) Staging and presentation

Staging seems to get overlooked when selling a house. The pictures posted with the listings can make a big impact with the buyer.

Again, notice this happens long before they drive out with the Realtor to see the house.

Is it presentable? Are the most prominent features of the house highlighted by the pictures?

If at all possible, it is better to present a house with furniture than one without it. If this is not possible, always try to cover all angles of the house while trying to present the best features of the house.

Remember, the first impression the home buyer gets will determine if they come take a look at the house.

3) Curb appeal

The first impression the home buyer gets when they drive out to see the house is the outside of the house.

Is the yard clean? Is there a big tree hanging over the roof? A simple coat of paint on the outside and the mailbox can drastically improve the curb appeal.

Remember for the them to even take a look inside, they must be attracted by how the house looks like on the outside.

4) Condition of the house

Does the house need repairs? Repairs turn off most home buyers. Majority of them cannot handle repairs.

And if they can handle it, they will expect a further price cut to cover it.

Are the main appliances working? If at all possible, fix the house with a new coat of paint and carpet. However, be careful not to break the budget fixing the house.

5) Negotiate

If need be, be ready to negotiate. Most of the times a small price break is all they need. It can make the difference between selling or not, or even keeping it for months.

Simon Macharia - About Author:
Most home buyers start their search on the internet from websites that have mls idx where they can search for homes available. If you are a Realtor, learn how you can super charge your business with an automated direct response real estate website .

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/real-estate-articles/how-to-sell-your-house-fast-in-a-slow-market.htm

Related Real Estate Articles Subscribe to RSS

Costa Rica real estate investment opportunities
Published by John Mathews on July 11th 2012 | Real Estate
Costa Rica presents some of the very best real estate investment opportunities with a massive market...
 
Real estate in India an ideal destination
Published by Deepti on April 17th 2012 | Real Estate
The real estate of the country significantly contributes to its economy. The Indian realty contribut...
 
Investment in residential real estate- a lucrative option
Published by Neha Gupta on May 8th 2012 | Real Estate
For a potential investor, investment in the real estate means a good deal of sense. When it comes to...
 
Booming real estate industry in India
Published by Deepti on May 10th 2012 | Real Estate
The real estate industry has been flourishing in the last couple of years. If you wish to buy a home...
 
 
 
Looking for the best real estate companies in Delhi?
Published by Mike Nicholson on May 2nd 2012 | Real Estate
Real estate investment is a kind of investment that sometimes involve your whole life earning so bef...
 
Luxury real estate auction – Added Benefits of Real Estate Auctions
Published by Landmark on December 30th 2011 | Real Estate
Real estate auctions have become a popular way of buying a home or investment property. Auctions be...
 
Are you searching for real estate project in Bhopal?
Published by Manish Kumar on June 14th 2012 | Real Estate
Many homebuyers sometimes get confused about buying a new home or apartment. They think that waiting...
 
Real estate in India- an ideal destination
Published by Deepti on April 16th 2012 | Real Estate
The real estate of the country significantly contributes to its economy. The Indian realty contribut...
 
Buy a Property in Cyprus in real and very cheap rates
Published by Jane Cyrus on February 6th 2012 | Real Estate
Are you planning to buy a property in Cyprus? But purchasing a property without an agent is stressf...
 
Real estate agent is helpful to find suitable property to invest
Published by Glyn Jones on January 13th 2012 | Real Estate
The estate agents can be very much helpful in finding the right kind of property or investing in the...
 
Residential real estate in India- a lucrative investment
Published by Deepti on April 30th 2012 | Real Estate
Buying or selling property is always a great investment option as it is likely to give good prospect...
 
Know something about the Carson Valley Real estate
Published by Dany on August 3rd 2012 | Real Estate
Having been located in the County of Douglas, the Carson Valley is a beautiful place somewhere at an...
 
Real estate investment at Riggsbee Farm
Published by Steve Elloy on January 17th 2012 | Real Estate
The bankrupt economy of Greece and the clueless future of the EU have taken the international market...
 
Real estate agents with a touch
Published by Loo821ql on January 19th 2012 | Real Estate
People look for types of businesses that can help them climb the ladder faster, but the truth is if ...
 
Real estate agents for your property needs
Published by Glyn Jones on June 4th 2012 | Real Estate
The estate agents can help find the right kind of properties that suits your specific requirements a...
 
Why you ought to Buy a home in Bay Location Real estate Like Walnut Creek, Brentwood and Antioch?
Published by Yurem on January 3rd 2012 | Real Estate
As a result of continuing economic situation worldwide the values of bay area houses for sale may be...
 
Residential real estate investment-things to consider
Published by Deepti on May 9th 2012 | Real Estate
With increasing prices of the residential real estate, there has been increasing number of real esta...
 
Real estate – Definitely a money-spinning investment
Published by Deepti on May 22nd 2012 | Real Estate
Nowadays people have become cautious that living at own home is far better than a house on rent. It ...