Selling a house fast in Cleveland Ohio is not easy, but fortunately we have done it before. Read this article to find out our tips for how to successfully sell a house fast. Read all of them to maximize your chances of selling super fast. At the end we will give you an option that will ensure you can sell it quickly.
Our tips are as follows (read below for details on each):
- Price your house right
- Market your house everywhere
- Be flexible and give concessions
- Make your house stand out
- Get an Offer from a Cash Home Buyer
Our 5 Tips for Selling a House Fast
We have bought and sold quite a few houses and have some proven tips on how to sell a house fast in Cleveland Ohio… or any other city.
We use these tips every time we sell a house, especially when we are in need of selling a house fast.
In this article we are passing some lessons we have learned on to you so that you are more capable of selling a house anywhere.
Tip #1: You have to price the house right
When selling a house fast is critical the price of the house is a critical factor. In fact, the single biggest factor in selling a house fast in any market is the price.
The price you list the house for plays a huge role in being able to get buyers in the door and get offers quickly.
Consider this from the point of view of buyers looking to buy a house in your neighborhood or area. They are likely going through dozens or even hundreds of listings that are most likely sorted by price. Every buyer has a price ceiling or maximum they are looking to stay under. If your goal is selling a house fast then you need to give the property the best chance to get the most buyers in the door and interested.
Everybody wants a bargain. Buyers are judging your house and its price against what your neighbors are asking for a similar house. Take it from us, an overpriced property is not a house that is going to help you accomplish your ultimate goal of selling a house fast.
If you price it right the chances of getting multiple offers and buyers who bid it up also increase.
Below are some quick tips to help you determine a great price:
- Check comps: Find out what other similar houses are selling for and how fast they are selling. Take the closest matches that sold quickly and average the selling prices.
- How does your home compare?If you are working with an agent, you can have them show you pictures of the houses that sold. If you aren’t working with an agent, many times you can see pictures of houses that sold on Zillow.com or Realtor.com. Compare the fixtures and finishes to what you have in your house and adjust your price up or down based on what you find. Always be considering this from the buyers’ perspective. What would you think when you saw the houses that sold and then came and saw your house? It’s very important to be objective here.
- Have friends give their opinionsSometimes we as homeowners are seeing things through a different lens. We need to get unbiased opinions from friends or family that are completely objective.
For more great tips on pricing your house for sale, check out this helpful article on Zillow.
Tip #2: Market Your House EVERYWHERE
If your goal is selling a house fast (as fast as possible) you can’t slack when it comes to marketing. The quickest way to sell a house you put up for sale is to get as many eyes on it as possible. You need to make sure everybody looking at houses in your market knows the home is for sale.
Place an ad in the local newspaper, and online classifieds such as Craigslist
If you want to sell a house fast in any market you might consider putting an ad in the local newspaper or the newspaper’s website and other online classifieds such as Craigslist.
Use a Listing Agent
If you decide to sell your house without an agent, as a for sale by owner you can get a ‘For Sale By Owner’ sign from HomeDepot or Lowe’s and stick it in your front yard. I highly recommend you get the directional signs as well. This will allow you to point people driving around your area to your house that is for sale.
Use Social Media: Facebook Marketplace, YouTube Video Walkthroughs, Instagram, etc.
Take lots of pictures and do a video walk through. You can post these on Facebook and Youtube.
One social media platform is perfect for beautiful pictures: Instagram. If you have taken good quality images or hired a photographer this would be a perfect outlet to post them up.
Word of mouth: tell everybody you know
Tell everybody you know, both in person and online that your house is for sale. Ask everybody you talk to if they know of anyone looking to buy a house in the area. You never know who might be looking for a house just like yours. This will certainly help you with selling a house fast.
Tip #3: You have to be flexible and give concessions
When your objective is selling a house fast one way to accomplish it is by being flexible, creative and giving concessions.
Here are some concessions you may think about trying when trying to sell your house fast:
Entice agents by offering an agent’s bonus
Don’t be afraid to reward agents for finding you a buyer. Like everyone else working on 100% commissions agents are motivated by earning money. Giving bonuses of $1,000 or more for buyers’ agents that sold their buyers on our houses is a great way to bring more buyers to your house and to get agents to talk about your house to everyone they know.
There are agents that look for listings of houses for sale where these bonuses are available and start showing their clients these houses first. Get yourself on the top of potential buyers’ must-see lists with this trick.
Closing cost assistance
Not all buyers need assistance with their closing costs, but most do. Even if the buyer doesn’t need assistance everyone loves to save money and get a good deal. This will help entice all buyers to buy your house.
If you offer to help pay closing costs for your buyers, they will much more likely to buy your house over others on the market.
To accomplish your mission of selling a house fast, you should consider offering closing cost assistance. Be sure to write this incentive into the description of your listing. It really goes a long way in persuading buyers to give your house more consideration. It also helps them choose your house over a similar house they are considering.
Another tip for selling a house fast is something you might not have even thought about. Including a home warranty gives buyers a peace of mind.
They might be nervous that they are overextending themselves or that the house is not brand new and something will probably break after buying your house. They will likely feel better knowing that if something goes wrong, they have a warranty that will cover it. This is a safety net to say the least, and it creates a peace of mind and security.
One example of this type of warranty is American Home Shield, which offers a great home warranty that is pretty comprehensive. It’s great because it doesn’t cost an arm and a leg either. We’ve offered their warranty dozens, if not hundreds of times.
Offering a home warranty gives your home a competitive advantage that will allow you to accomplish your goal of selling your house fast.
If you want to shop around and find the perfect home warranty, check out these reviews.
Tip #4: Don’t Be Afraid to Be Different
Find economical ways of setting our houses apart so that they sell much faster. In other words, find creative ways to sell a house fast.
The secret is spending some time to see what houses are for sale that your home will be competing with. Then, make note of the similarities between the houses.
- Do they all have light grey walls with white trim?
- Do they all have formica counters?
- Do they all have oak cabinets?
- Do they all have brown exterior paint?
After doing this find some things to do that will make your house stand out. In other words, figure out what you can do so that your house doesn’t just match all the others that are for sale.
Selling a house fast is easier when you have done a good job of making it unforgettable.
Tip #5: Want Easy? Get an Offer from a Cash Home Buyer
Not everybody is aware there are people and formal companies who buy houses cash. They will make you an offer to buy your house quickly.
You might wonder,”why do they buy a lot of houses?” or “why do they buy houses for cash?”. These companies buy for investment purposes and usually have the cash, which allows them to close a lot faster than a traditional market sale. If selling a house fast without even putting it on the market then this is a great option.
What’s the catch with these house buying companies? They usually don’t pay full market value. That might be an issue if you need to sell for top dollar.
Of course, this option doesn’t make sense for all home sellers. It makes the most sense for people that don’t have the luxury of time or the energy to deal with the hassles of getting their house fixed up and put on the market. This is also a good solution for sellers that don’t like the idea of having dozens of complete strangers going through their house for open houses and showings, looking at all of their stuff.
We buy homes in Cleveland Ohio and other areas and would love to talk with you about what we can pay for your house. We can give you an online quote.
Conclusion: How to Sell A House Fast in Cleveland Ohio
Whether selling a house fast is an absolute necessity or you just want to move on to your next house or project you can follow these 5 tips we’ve outlined to pretty much guarantee a quick sale.
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We’d love to hear any tips you might have for selling a house fast. If you have some tips, please don’t hesitate to leave them in the comments below.