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

Buy real estate French Riviera or real estate Cote d'Azur after checking online
Published by Julia Bennet on February 15th 2012 | Real Estate
French Riviera or Cote d’Azur is one of the most happening places in the world. Some of the places...
 
 
Discover reputable estate agents in your area
Published by Glyn Jones on June 18th 2012 | Real Estate
There are fairly a few different accreditations real estate agents can have. When on the lookout for...
 
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...
 
Cape Coral - a real opportunity
Published by Anne Mary on December 10th 2011 | Real Estate
Real estate investing in Florida continues to grow with some terrific opportunities presenting thems...
 
Reasons for hiring an experienced real estate agent
Published by Deepti on April 17th 2012 | Real Estate
In today’s world if you want to be successful while investing in real estate you can hire the serv...
 
Lucrative investment options in Indian real estate
Published by Deepti on May 3rd 2012 | Real Estate
While opting for a perfect life, having a roof over the head is not a difficult thing to achieve any...
 
Shaky real estate off Andheri
Published by Prop Tiger on July 16th 2012 | Real Estate
Maharashtra Chamber of Housing Industry, shaped in 1982, is that the most distinguished and also the...
 
Cape Coral real estate a great investment make no mistake
Published by Anne Mary on December 10th 2011 | Real Estate
Cape Coral has some of the finest properties in fantastic surroundings, but mistakes in the real est...
 
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...
 
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...
 
Port Washington real estate brokers are professional enough to handle your requirements
Published by Jack Smith on June 19th 2012 | Real Estate
People get confuse while dealing with home purchase, so contact Port Washington real estate brokers ...
 
 
Important Strategies to Make Good Investments in Foreign Real-estate
Published by Dale Smith on December 27th 2011 | Real Estate
Purchase in property is commonly thought to be the beneficial method for generating revenue. It is p...
 
Jacob fox real estate agents
Published by Glyn Jones on July 17th 2012 | Real Estate
Real Estate Agent or Realtor is a person certified within a specific state to help and support peopl...
 
Kelowna real estate is the best properties of Canada
Published by Warner on April 23rd 2012 | Real Estate
Kelowna real estate is the most reputed name when it comes to purchasing a residence in the locality...
 
Consult a reputed real estate dealer to know more about Temple TX real estate
Published by Sophiegeorgia on June 18th 2012 | Real Estate
Home buyers opted for panic selling which have of course opened up profitable avenues for buyers who...
 
Reasons for hiring an expert real estate agent to invest in property
Published by Deepti on April 17th 2012 | Real Estate
Buying your dream home for the first time is an incredible learning experience. Today, with the help...
 
Playa Del Carmen real estate – the right buy for Retirees?
Published by Tom Budniak on December 27th 2011 | Real Estate
Whenever a retirement destinations of international quality are discussed, one name that features am...
 
Rising investments in Bangalore real estate
Published by Prop Tiger on July 4th 2012 | Real Estate
The Bangalore commercial market has witnessed a healthy transaction activity throughout the month of...