• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Boy Sets Fire

Lifestyle Blog

  • Home
  • About
  • Blog
  • Humor
  • Lifestyle
  • Money
  • Marketing
  • Business
  • Travel
  • Contact

How to Sell a House Fast in a Slow Market: The Complete Guide

November 10, 2020 / by Andrew / Leave a Comment

Selling a house can be stressful even in the best of times. However, in a slow market, it can be twice as frustrating.

If you find yourself in a buyer’s market, that means there are countless houses for sale and few people looking to buy. As such, getting an offer on your house can take weeks, if not months. And once you get an offer, there’s no guarantee that the buyer will follow through.

C:\Users\samsung\Desktop\load-image (20).jpg

But don’t worry, you can learn how to sell a house fast in a slow market. There are things you can do to attract more buyers and encourage them to put an offer down.

We’re here to help. Keep reading for the complete guide on selling a house quickly.

How to Sell a House Fast in a Slow Market

Selling a home in a slow market requires upping your real estate game. You need to pull out all the stops if you want to sell your home as fast as possible.

In some cases, this means spending a little extra money. However, if it means selling your home faster, it might be worth it.

Hire an Experienced Real Estate Agent

Start by finding an experienced local real estate agent. They need to be familiar with the neighborhood and know how to navigate a slow market. They’ll be able to provide more insight on how to attract buyers, both through marketing techniques and through home preparations.

Realtors also have connections with other people in the industry. They may know several other realtors with clients looking to buy a home.

Make Sure the Home is Move-In Ready

Learning how to sell a house fast in a slow market means making sure your home is picture-perfect for buyers. A buyer needs to feel like they can move in the next day without needing to do any work or make any major changes.

To accomplish this, take care of all of the small repairs and damages around the home. This includes things like damaged drywall, water damage, damaged trim and baseboards, and more. We recommend getting your home inspected first so you’re aware of any potential red flags.

Make Small Updates and Renovations

One of the fastest ways to sell a house is by updating it to meet current housing trends. However, this also depends on how much you’re willing to spend.

If you’ve got the budget, you can’t go wrong updating the kitchen and master bathroom. You can also focus on creating a more inviting outdoor living space.

Thoroughly Clean the House from Top to Bottom

Once all of the repairs and renovations are complete, you need to clean the house from top to bottom. Start by decluttering your home significantly or moving out entirely. The less potential buyers feel your presence in the house, the better.

If you don’t have the time or inclination to give your home a proper cleaning, hire professionals to do it for you. Cleanliness is incredibly important for encouraging buyers to put down an offer.

Hire a Professional House Stager

Once you’re moved out, your home can feel cold and empty. To warm things up and show off the potential of your home, we recommend hiring a professional home stager. Professionally staged homes can sell up to 87% faster than non-staged homes.

Price Your Home Competitively

Learning how to sell a house fast in a slow market means pricing your home to sell. In a buyer’s market, it’s important to understand that you’re going to take a hit on the sale price. However, when there are multiple houses for sale and limited buyers, it’s something you’re going to have to accept.

If you have a realtor, ask them to help you price your home competitively, yet fairly.

Offer Incentives

You can also attract buyers and encourage people to make offers by giving them incentives. For example, if you took the advice above and have already had your home inspected, it’s one less thing the buyers have to do and pay for. This can save weeks in the buying process.

You can also offer to pay all closing costs and realtor fees, which will save the buyers thousands of dollars. Though you’ll be the one picking up that tab, it will likely result in selling your home much faster.

Finally, consider throwing in extras, such as allowing the new homeowners to keep your appliances, window treatments, or furniture. Ultimately, it comes down to how quickly you want to get out of the house.

Take Dozens of High-Quality Photos

Though your realtor may take it into their own hands, you need to make sure your home is represented online with quality photos. Buyers quickly lose interest in homes if they only have a handful of pictures to view. They’re equally turned off if the photos are of poor quality.

Buyers are more likely to put an offer in on a home after touring it. Your job is to use your photos to entice online shoppers to come by for an in-person tour.

Use Multiple Marketing Platforms

Learning how to sell a house fast in a slow market also means taking advantage of every available marketing platform. If you have a realtor, they can list your home on various real estate listing sites. However, you can take things into your own hands and market your home on social media, craigslist, the local paper, and more.

Consider Other Options

Finally, if selling a home as quickly as possible is your top priority, you may not have time to dress it up and sell it traditionally. If this is the case, there are a few other options you can consider.

First, you can try selling the home as-is. This will attract home flippers and young couples looking for a cheap project home. However, you may not get the money you want out of this deal.

Alternatively, consider using cash home buyers. These companies exist for people in your exact situation looking to sell their home fast. In many cases, you can close on a sale within a couple of weeks.

Looking for More Upscale Living Tips and Advice?

We hope our guide on how to sell a house fast in a slow market provided valuable insight into your situation. If selling your house quickly is your major concern, remember to stay flexible and consider all of your options.

And if you’re looking for more lifestyle, money, or business advice, be sure to check out some of our other articles before you go. Our blog was created to help people maximize their upscale lifestyles.

Filed Under: Money

Previous Post: « 3 New Cuisines to Try Right Now
Next Post: Increase Your Open Rates: 5 Tips for Writing Good Email Marketing Subject Lines »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

About Us

Hey guys it’s Andrew! I am a writer, a blogger, and a curious human being full of ideas. I remember as a teenager going to my local store to grab a freshly published magazine about the ins and outs of the online business world. Read More…

Facebook

Boy Sets Fire

Lets Connect

  • Facebook
  • Instagram
  • Twitter

Newsletter

Planning the Ultimate Florida Vacation

Florida is the second most popular state to visit in the US. Millions of tourists, from around the US and around the world, come to Florida each year for its warm, tropical weather, beautiful beaches, and world-class theme parks. Are you looking to travel south for your vacation? Wondering how you can plan the ultimate […]

20 Facts About Real Estate Business In Australia

In Australia, the real estate business is booming. According to recent studies, the industry has been growing steadily for the past few years and is expected to continue doing so in the foreseeable future. There are a number of reasons for this growth, chief among them being the country’s strong economy and population growth. Here […]

15 Ways To Vet Your Future Tenants

When you are a property management professionals, vetting potential tenants for your rental property, there are many things to consider. You want to make sure you’re choosing the best possible tenant for your space, and that means doing your research ahead of time. Here are 15 ways to vet your future tenants and ensure you make […]

https://contentmanager.io/job/load-image?id=344977&filename=415c1bc904d3469bd7dd91f45255a992.jpg

7 Reasons Your Website’s Organic Traffic is Low

Do you have a small business or another kind of site? All your efforts in building a website can easily be wasted if you don’t consider your organic traffic. You need an organic way to reach your audience and let them know about your company and your products. A great way to increase this kind […]

https://contentmanager.io/job/load-image?id=345809&filename=d6c44a9d215da58ac18bb45f9cd1b3be.jpg

Photo Editing Tricks: How To Use Photo Editing Software

Did you know that the secret behind an incredibly mind-blowing photograph is the editing? Photo editing is the key behind creating those classic, jaw-dropping images you come across on social media. In fact, many photographers have become famous due to their photo editing tricks, such as Brandon Woelfel. Yet, learning how to master photo editing software […]

Footer

Lets Connect

  • Facebook
  • Instagram
  • Twitter

Recent Posts

  • Planning the Ultimate Florida Vacation
  • 20 Facts About Real Estate Business In Australia
  • 15 Ways To Vet Your Future Tenants
  • 7 Reasons Your Website’s Organic Traffic is Low
  • Photo Editing Tricks: How To Use Photo Editing Software

About Us

Hey guys it’s Andrew! I am a writer, a blogger, and a curious human being full of ideas. I remember as a teenager going to my local store to grab a freshly published magazine about the ins and outs of the online business world. Read More…

Facebook

Boy Sets Fire

Copyright© 2023 · boy sets fire