9 Reasons How Homes Sell Faster
So many homeowners would love to sell their homes as fast as possible and be done with this overwhelming process. So how can you sell your home faster?
Being in the real industry for over 20 years helping sellers to declutter and stage their homes taught me a lot!
I truly believe that the presentation of your home is the key to the successful sale of your home, of course along with location and the price as well.
Selling a home faster means that you will sell for more money too. Let’s get deeper into the most important 9 reasons why some homes are selling faster than others on the market in New York Hudson Valley real estate.
1. Price Your Property As It Should Be:
Homes in Suburbs of NYC can be very high so pricing a home is not like pricing a car or TV. What the buyer ultimately pays is rarely what the list price is. In most markets, the best strategy to attract the buyer is to price just a bit low. Normally this results in multiple offers, competitive bidding, and a fast sale at a high price. In other markets. The reason this works is that the lower price makes the home visible to more buyers and appears to be a bargain. When this pricing strategy is combined with all the steps mentioned above, buyers see a beautiful home in excellent condition at a great price. Of course, they want to write an offer!
2. Boost Your Curb Appeal:
Remember nothing beats the first impression. Realtors® named curb appeal the No. 1 factor affecting the amount of time a home is on the market. Just think what a potential home buyer may consider while driving up to your property for the very first time. Is it attractive, clean, and well-kept, or does it need maintenance that you need to complete? Make sure that your landscaping is well-groomed and your lawn is mowed 24/7. Plus, your driveway, exterior porches, and outer walls must be clean, too. Curb appeal is what lures buyers in, helps maintain their interest, and sets your home apart from the competition. Yes, New York State indeed has four seasons and sometimes it can be challenging to keep up with falling leaves or the snow on the ground. Just try to keep it clean, and neat overall!
3. Proximity To School:
Education is king, at least for home buyers. Homes located near a school, especially one described by keywords like “top” or “best,” Homes linked to good schools sell faster and at a premium price. Based on a recent study, one in five buyers said they’d pay 6% to 10% above their budget for the right school. Suburbs of NYC offer many beautiful towns with great schools. The best place to check it out and I tell my buyers to look is www.Greatschools.org
4. Move-in Condition:
Homes that can be marketed as move-in condition sell 12% faster. To a buyer, this phrase tells them they can move into this house on a Friday, put their belongings away over the weekend, and go to work on Monday to settle into their new home. But, buyers are looking for small defects in a house to have a reason to bargain. So it is important that your home not only be in a move-in ready condition but be in impeccable condition for showings. Not just Buyers in Rockland, Westchester, or Orange counties value move-in conditions but most buyers would appreciate it!
5. The Staging Impact:
Staged houses sell up to three times faster than non-staged houses”. As staged homes spend 73% less time on the market than non-staged homes. 81% of the population believes that it becomes easier to visualize property. 46% of the BUYERS prefer home staging to viewing the property online. With my background in Staging in interior decorating, I believe that staged and well-presented homes are eye-catching keys to potential buyers and super important to sell faster and for more money. Rockland County, Westchester counties, and NYC value staging as a very important factor in selling homes. I provide free staging to my sellers because I truly see the value in selling faster and for more money.
6. Use Professional Pictures:
Use a professional photographer and produce professional marketing materials with high-quality photos. Professional photos are essential in attracting more buyers and selling the home faster and at a better price. Good marketing makes a huge difference in how buyers see a home. So, make buyers fall in love with photos to let them drive in to buy your home on a positive note. Most homes in New York Hudson Valley use professional pictures and I personally use them for my listings.
7. Virtual Tours- The Best Home Selling Marketing Tool:
In the era of the internet and viral marketing, where the customer experience comes first, there is hardly any other more engaging marketing tool in the real estate domain than virtual tours. Statistics show that home buyers spend as much as two-thirds on the Internet before actually buying a property. For that reason, breaking the ice between sellers and buyers is mandatory. The secret? Virtual tours make the entire selling process easier! Adding a virtual tour to marketing decreases sales time by 20% and increases the price by 2%.
8. Design Features That Sell Home Faster:
According to one study homes bombarded with the following features sell anywhere from 38 to 63 days faster. Just a few examples:
- Barn Door: A barn door is a golden ticket and is a signal of a strong design sense. They help a home fly off the market 57 days faster and fetch a 13.4% higher price than homes without it.
- Shaker Cabinets: 9.6% higher, 45 days faster
- Farmhouse Sink: 7.9% higher, 58 days faster
- Subway Tile: “Subway Tile” sold on average 63 days faster, and for 6.9% more, than those without it
- Quartz or Marble: 6.0% higher, 50 days faster
- Exposed Brick: 4.9% higher, 36 days faster
- Frameless Shower: 4.6% higher, 38 days faster
- Stainless Steel: Listings with stainless steel appliances come off the market in around 79 days, 15% faster than the average.
- Plus some special features, like an unground pool, beautiful deck, fireplace etc
9. Hiring The Right Agent:
A good agent will analyze recent sales and select a price that is designed to entice buyers to make offers. An experienced agent, who knows the market and has a network of potential buyers can help sell a home 32% faster than an inexperienced agent. You want someone who will bring value to your home, like offering free staging, a very communicative agent and you feel comfortable with.