What You Can Do To Sell Your Home Fast
By Sameer S Panjwani
Yes,
you want to sell your home and you want to sell it fast. It may
be a seller’s market and every other home in your neighbourhood
is selling and you think it’s going to be a cakewalk selling
your home. You put your house up for sale, people come, a few
offers pour in, negotiations take place and then something happens
that the deal falls through! This happens more often than not
when it comes to selling homes.
The
critical stage in the home selling process is when someone’s
given you an offer and when the negotiation starts. First things
first, when you get an offer, which in your opinion is ridiculously
low, don’t just reject it outright. In most cases, the buyer’s
just testing the waters to see the best price he can get. Always
give a counter-offer however disparate your figure may be with
the home buyer’s offer. Once that’s done, you want
to make sure the deal doesn’t fall through.
There
are many ways in which you can close the deal fast and ensure
that both you and the home buyer are satisfied. What you can do
is use negotiation to your benefit and negotiating with some items,
which may be better for you to let go off than reducing the price
of your home. Here below are a few examples:
-
Include a few items or appliances along with the price of your
home, like your alarm system, dishwasher, dressing table, etc.
This may also be a good excuse for you to rid yourself of the
items you were in any case not very keen on using for yourself.
-
Offer a home decorating allowance. This may be particularly applicable
if the home buyer likes everything about your home but for the
way it's done up.
-
Offer a pre-sale inspection and home warranty. A comprehensive
home inspection combined with a home warranty reassures buyers
that the house is in good condition and that certain repairs will
be covered by insurance.
-
Offer a lease option where the buyer may rent the property with
an option to buy it later on. A percentage of the rent may be
set aside as the buyer’s down payment.
- Offer to
pay for some of the closing costs such as the prepaid interest charges
or the first year’s property taxes.
Feel
free to be a little innovative with your negotiation and you may
just find yourself with a deal faster than you thought.