Do you have an idea how long it can take you to sell a house? According to recent research, most houses stay in the market for 56 days from listing to closing. However, homes sell 8% faster every year. When you want to reduce your house’s time in the market, you can consider working with cash buyers near Indianapolis who have years of experience in the industry.
In this piece, we will be looking at ways that will ensure you sell your house quickly.
Asking Price
Your asking price is one of the first determiners of how quickly you sell your house. When you ask for an amount above the market value, it will take you more time to sell it. When you price your house far below the home’s market value, you may sell it within a shorter time, but you will not get an amount equal to the value of your house.
It would help if you got a professional real estate agent to do a proper house valuation. An experienced real estate agent will help you make the right decision and determine the price of your home. The longer your house stays in the market, the harder it is to get a potential buyer. It can force you to lower the price to get more interest from potential buyers.
If you are looking to sell your house fast, lowering your asking price can be a great marketing tool to propel your property in front of more willing buyers. As a result, potential buyers may try to outbid each other, which may see the house price increasing again.
House Condition
House conditions play a crucial role in determining the length of time your house stays in the market. It does not mean that you cannot sell your home as-is; however when you want to sell fast, you need to ensure the house’s condition is excellent.
When the condition of your house is perfect, you will receive lots of interest, increasing the chances of selling your home in the shortest time possible. However, when your house is not in good condition, it will take some time before you start receiving interest as people may be discouraged by the amount of work, money, and time they will need to put in the property.
There is nothing you can do when it comes to your house location. However, you need to note that house location plays a significant role in determining how fast it sells. Although you cannot change your home’s location, you can always research the prices of comparable homes in the area and list yours at a similar price point. Houses in urban and highly populated areas tend to sell faster than homes in rural and low-populated regions.
Real Estate Agent
Your house may take less time before getting a buyer when you decide to list your market with a real estate agent. This is because real estate agents have great marketing tactics, experience, and extensive knowledge regarding house selling. They will strive to sell the house quickly to move onto another home in their list. However, when choosing an agent, ensure that the agent is licensed to operate in that particular region.
Promotion
The current art of selling is quite different from a few years back. Today, house buyers will do an online search on sites like Zoopla. An online search will provide them with thousands of houses available for sale. To help increase the chances of your house getting a buyer fast, you should consider working with an online real estate agent. Online estate agents are much cheaper, and you will not have to travel to their offices for them to list your house. With online advertising, hundreds of potential buyers can view your home within a few hours or days.
Calculating Average Days, a House Spends in the Market
Real estate professionals can approximate the number of days a house will be on the market. If you are interested in knowing how long your home will take in the market, you just need to inquire from a real estate agent in the neighborhood, and they will give an approximate figure. However, it is also possible for you to estimate the days by yourself.
Conclusion
There is never a specific time on how long it will take to sell your house. There are times when you will be lucky enough to sell your home quickly, especially when the buyer is at a convenient place and time, or it can be due to factors like the level of competition, house condition, and house price.
