Here is an infographic on ‘How to Sell Your House Fast!’
If you are looking to sell your home, it is a pretty easy assumption, that you’re looking to sell it as quickly as possible for as much money as possible. After all, selling a home under the best of circumstances is quite stressful. Selling it and ending up with a price that is well below your original asking price can be downright impossible.
So, if you are looking for ways to sell your home fast and make as much money as possible while doing it, you have come to the right place! Jerry Pinkas and his real estate team are experts with great experience with buying and selling Myrtle Beach Real Estate.
Let’s break down some top tips for selling your home fast. Some of the most impactful things that you can do might surprise you!
Assessment and Preparation of your Home
There are many outside forces that defect the value of your home in Myrtle Beach. Real estate cycles, seasonal market conditions, new homes for sale, economic trends, supply and demand, along with the number of homes for sale can make your home worth more or less than you thought. Assessing and positioning your home for sale is an important step where the money is made. The main things that you have better control over are the curb appeal, condition, online marketing, and the exposure to available buyers in the marketplace (way beyond just the MLS). Assessing your financial goals, the number of homes currently for sale (your competition), and preparing your home for sale, can take time and can be pretty hectic. Our team of real estate experts does this every day. Scheduling a meeting with one of our experts can give you tips and shortcuts with this important step in purchasing Myrtle Beach real estate.
Add Value through Home Improvement
One of the best ways to sell your home in Myrtle Beach for the greatest price is to make desirable renovations to your home that can improve the value by thousands of dollars or more. For example, based on many professional studies, doing a job like a bathroom upgrade and remodel can increase the value of your home by a huge amount. Updating countertops, windows, trimming the bushes, and getting a fresh paint job can also have a major impact on the final amount that you sell for. We have seen homes built just a few years ago, and selling for an increase of 27% with just a few updates and upgrades.
Before you decide to go through with any kind of home improvements with the hope of increasing the value of your home, you should consult a Realtor to learn about how much improvement will really impact the final value. After all, you do not want to spend thousands of dollars on a renovation that will end up making your home harder to sell. Make sure that you will get a great return on the new expenses you are adding to your home. Also know that a clean, well-staged, uncluttered home always has better odds of getting a higher price. Top priorities vary, but we have seen buying customers requesting and specifically looking for homes with a golf course view, or a backyard pool, or granite countertops, or stainless steel appliances.
Know your Target Buyers Needs
Obviously, the best time to sell is during a seller’s market, because this market condition is going to push prices up, based on the competitiveness that exists. That is especially true if you are selling a home that offers people a ton of value. But think about who your target customer is when you’re selling. For example, if your home has a large number of bedrooms and is in a great public school district, your home may be more valuable to a young family. Or if you have a home with a master bedroom on the first floor, that is in a great location close to shopping, doctors, and entertainment your home could be in more demand from retirees. Think about comparing your home to a new construction home. How does it compare? Keep in mind if you have or do not have the current upgrades that are in high demand it could affect the value of your home. Dark cabinets, ceramic tile floors, laminate countertops, dark or jewel tone paint, will all decrease a home’s value since they tend to be dated and out of style. Upgrades that are in demand are quartz countertops, light-colored custom cabinets, light washed wood-tone floors, and open floor plans that include kitchen, living, and dining rooms as open space.
Price it RIGHT The First Time
Sometimes all it takes to sell your home fast is the right price for a Myrtle Beach property. Your goal should be to set the right price from the jump. Setting a price that ‘you believe it’s worth’, rather than what ‘it is actually worth’ may feel like a good idea, but this can end up hurting you in some really important ways. Keep in mind that the home still has to be appraised and the value must be equal to or greater than as much as it is selling for. First and foremost, if you have to keep reducing the listing price, it will reduce the interest in the house and will likely lead to the home staying on the market for far longer than you hoped.
This delay in a sale could end up looking really bad for the home. Even worse, you could end up reducing the price even lower than something that you would actually be comfortable selling for. When buyers see price reductions they may feel like they can make low-ball offers due to the perceived loss in value.
When you are thinking about putting your home on the market for sale, consult with the local Myrtle Beach Realtor, at your home, in order to get an accurate home value. Many of the online home value tools may give you ‘an idea’ of price, but these values can vary wildly. Zillow Home Values in Myrtle Beach is NOT precise or accurate. The valuations online are based on computer algorithms that can not view the inside of your home, see the condition, or give you the most accurate information. Only a professional who does this every day can give you the most up to date information. Giving you a price without seeing it in person is like a Doctor giving you a diagnosis before prognosis. Don’t leave money on the table. Don’t overprice it either. Seek expert advice to set a price that will help you sell fast for a great price.
Understand The Local Market Trends
One of the most important things that you should keep in mind when you are preparing to put your home for sale, the neighborhood its located, and the current market that you are actually selling the home in. There two primary types of selling market trends. You are either a buyer’s market (that’s the people who are looking to purchase a home) or a seller’s market (that’s you). Right now we are in a seller’s market and most home buyers will compare your home to new construction. So since your home maybe even just a few years old, it has to offer better value and what they will see with a new construction home.
Analyze the Selling Steps and the Process
A great way to gauge what kind of market you are currently in is to look at the average DOM or Days on Market that houses that have been for sale are experiencing. If homes that are similar to yours have a fairly low DOM, chances are good you are in a seller’s market and there will be a large amount of demand for your home when you officially go to market. An expert advisor can help you through each step of the sales process. There are many moving parts to successfully completing a sale. We have seen many deals fall apart over an unskilled agent, skipping a step or cutting corners in the process.
There are 3 types of buyers! Buyers in town, buyers out of town, and buyers working with another agent. In order to get the most money when you sell your home, you need to expose your home to all three levels. It’s like a military attack! By land, by sea, and by air! The more traffic, the better your batting average will be in getting the maximum dollar for your home sale. A professionally trained team along with lead follow up systems for interested buyers will bring you the best return.
The amount of exposure an expert real estate agent can give you is worth its weight in gold. Attracting the buyer, the listing agent must allocate a marketing budget in areas proven to expose the benefits of your home to the highest number of qualified buyers. Many top real estate agents have loyal, qualified buyers already in the pipeline who are ready to buy. Our team are experts in Myrtle Beach real estate and has over 69,783 people in our database. When we meet, we will show you live, the number of active buyers we have in our database who are ready, willing, and able to buy your home. The more connections you can make the better price you can get!
Professional and Skillful Negotiation
The art of negotiation is a powerful tool that most people ‘think’ they have, but only a few possess. We see mistakes made all the time. If you pick a new sales agent, they may need to sell your home more than you do. We have seen sellers taking newbies advice based on shaving points off a seller’s net proceeds check. It’s all about YOUR money when you are selling. A highly trained expert is in a non-emotional state of mind. They have proven techniques and strategies that position you, the seller, in control. An expert listing agent, skilled in the process of negotiation, always keeps the seller’s bottom line in mind. Getting you the best price for your home.
Execution of Contract
Even before you get the offer, if your listing agent sets the proper expectations, your success rate goes way up. A properly written contract offer has a better chance of successfully closing and a sloppy, poorly written one, has better odds of falling out. There are many moving parts that need to happen in order to get your home sold. Buyer financing, appraisals, and home inspections are deal killers! When navigating through the sales process, the skill of the agent you are working with can be either a blessing or a curse. The number one reason deals fall apart during an inspection report, can many times be avoided if you are working with the right agent. Our team has seen it all! By managing expectations upfront, you can avoid many slick moves from the buyers’ side.
How to Sell Your House For the Most Money in Myrtle Beach, South Carolina
Looking to sell your home fast? I hope you enjoyed our complete guide on selling your Myrtle Beach Real Estate property. Contact Jerry Pinkas and his team of top-rated Myrtle Beach Realtors today!
One of the top things you can do to sell your home fast for the most amount of money is to talk with a top Realtor and just pick their brain. Homes in Myrtle Beach, SC have been selling fast! If your home is priced correctly and not overpriced, this is the best strategy for success.
In the end, the best thing to do is to have a plan. But a great plan will win and help you every step of the way!
Feel free to share this article socially, call, or email us, so we can help you put that sold sign in your yard too! We look forward to talking with you soon!