1. Pinpoint the Perfect Price for your Home
Listing price is the single most critical factor that will help you sell your house fast.
REMEMBER! The purpose of the LIST PRICE is to DRIVE TRAFFIC to your listing. It’s not your SALE PRICE!!!
If you price your home too high, you risk it staying on the market for too long. Few things hurt a home sale more than a stale listing.
2. Make your Home Market-Ready
Below are a few things you can do to make your home ready for sale:
- Declutter & Depersonalize: Tidy up your place and keep the surfaces like coffee tables, countertops, etc. clean. Keep trash cans, dirty dishes, and towels away. Also, remove personalized items such as photos, keepsakes, fridge magnets, etc.
- Repaint Neutral: Neutral colors appeal to a larger pool of people. This will help in attracting more buyers.
- Keep the Lights On: Use light bulbs wherever necessary. Natural light works best for photography. Ensure to keep the curtains and blinds open.
- Improve Curb Appeal: To enhance curb appeal, go for clear landscapes, fresh flowers, or exquisite wall paints. Remove dead plants, trees, etc.
- Hire a Professional Home Stager: Staged homes can sell for up to $40,000 over the list price. Also, staged homes sell 9 days faster. An average home seller spends $1,774 on home staging. Hire professional home staging companies to stage and prep your house for listing photographs and walkthroughs.
3. Boost Your Home's Visibility
- Hire a Pro Photographer: Implementing real estate photography in Texas can greatly impact the home-selling process by attracting more buyers. According to VHT Studio’s Analysis, homes photographed professionally sell 32% faster. Hire professional real estate photographer to collate an appealing portfolio.
- Write a Powerful Property Description: Combine a catchy headline with an engaging opening statement. Use popular adjectives like captivating, luxurious, impeccable, stainless, etc. Also, talk about special features of your house like the type of flooring, energy-efficient devices like solar panels, etc.
- List on MLS: Homes listed on the Multiple Listing Service (MLS) sell faster and for 13% more.
- Put a “For Sale” Yard Sign: You can attract unrepresented buyers with a yard sign.
4. Organize Home Showings
You can do the following to show your home to potential buyers:
- Open Houses: According to the NAR, 92% of home buyers find open houses useful. Hosting an open house is a good low-pressure way to show your home to potential buyers.
- In-person Showings: Use an online showings tool to manage showings. With an online showings tool, buyers and buyer agents can choose a showing slot stated by you. The tool also provides features like requesting, rescheduling, updating, and canceling showings.
5. Review, Compare and Negotiate Offers
Review the offers on all their merits and never ignore an offer. Look for contingencies offered by the buyer.
- Will you get a cash offer on your house?
- Is the buyer offering to cover some closing costs?
- Did the potential buyer get preapproved for a mortgage?
Keep these questions in mind when comparing offers.
6. Close the Sale with a Professional
- The HUD-1 or Closing Disclosure: A closing disclosure contains a summary of all the detailed costs for homes purchased with a mortgage. If you accept an all-cash offer, you may get the HUD-1, which is less common. These documents detail the amounts you pay, your loan payoffs, and the net proceeds you will take to the bank.
- The Deed: It enables the legal transfer of title from the seller to the buyer. Read this document carefully to verify the legal description of the property, the deed book, and the Property Identification Number, if any.
- Settlement Statement: This statement summarizes all the expenses involved in the transaction. These expenses are usually split into whether they have been paid prior to closing or are due at the time of closing.
- Certificate of Title: It allows you to state that you have the right to sell your own home in Texas.
- Two Forms of Official ID: You will have to swear on your identity in the presence of a licensed notary. You will have to furnish identity proof (like a passport, driving license, etc.) during the process. The closing process might also require you to produce secondary identity proof.