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

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...
 
Attributes of a good estate agent
Published by Glyn Jones on May 24th 2012 | Real Estate
Canary Wharf Estate Agent, Rent Canary Wharf, Canary Wharf Estate Agents, Docklands Estate Agents...
 
Need of estate agent in real estate investment
Published by Glyn Jones on December 20th 2011 | Real Estate
When you are looking for some property dealings, there is need to consult some very good estate agen...
 
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...
 
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...
 
Assistance from a good estate agency is essential in property investment
Published by Glyn Jones on January 4th 2012 | Real Estate
The estate agents can help you with the property dealings. They can make it really very easy for you...
 
Mohali real estate- the right time to seize the opportunity of profitable investment options
Published by Deepti on April 11th 2012 | Real Estate
Mohali is fast turning into the next Gurgaon or Noida. This city with its growing developments is no...
 
Online estate agents to sell your property
Published by Matthew Watson on April 29th 2012 | Real Estate
Using an online estate agency will allow property owners to perform the majority of the sales proces...
 
Looking for an estate agent
Published by Glyn Jones on May 10th 2012 | Real Estate
Is it advisable to work with several agents, probably not. Agents know if you are working with more ...
 
 
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...
 
Real estate marketing is essential
Published by John Mathews on August 4th 2012 | Real Estate
In the real estate business, marketing is very essential. The more effort you put in with your marke...
 
Options for a real estate
Published by Loo821ql on February 26th 2012 | Real Estate
If you are learning how to be a registered realtor or simply would like to know more about real esta...
 
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...
 
Tips on how to make money on real estate foreclosures
Published by Shaz Memon on December 26th 2011 | Finance
Making money on real estate foreclosures is indeed a good idea. Get cheaper ones and earn good money...
 
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...
 
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...
 
Real estate agents in Malaysia
Published by Jeevan Nanthan on May 30th 2012 | Real Estate
Recently, a new trend called real estate bidding has also started in Malaysia that has further helpe...
 
Growing demand of residential real estate in India
Published by Deepti on May 1st 2012 | Real Estate
The ever increasing population has made it quite essential for the real estate industry to take the ...
 
Real estate advancements in Houston
Published by Brad Hermes on May 9th 2012 | Real Estate
Just as in other United States global cities, Houston real estate market is proving to be a very unp...