The median US house price reached $295,300 in June 2020. With inventory historically low, you might struggle to sell your home. It helps to have a plan before you put your house on the market.
Are you trying to sell your house for cash in Chicago? Make sure to run through these tips first. With this guide, you can experience the benefits of selling a house for cash firsthand.
Ready to get started? Start reading this guide and discover how to sell your home today.
1. Set a Deadline
Before you put your house on the market, set a deadline.
It can usually take months to sell a home. Failing to sell your home before you start a new job or relocate can put unnecessary stress on your shoulders. By setting a deadline for yourself, you’re pushing buyers to hurry through the process, too.
Place a deadline for cash offer for my house. Set the deadline a week or two from when you list the property.
Avoid giving buyers a reason why you want to sell quickly. Otherwise, they might recognize you’re desperate and avoid your listing. Some buyers even take advantage by asking for a lower sales price.
Using the fear of missing out to your advantage could help you attract potential buyers. They’ll want to explore your property before the deadline lapses.
2. Find a Pro
If you want to sell your house for cash in Chicago quickly, you don’t have to work through the process alone. Instead, consider hiring a professional who is familiar with the area. Their experience and expertise can help you sell before your deadline.
Many companies that buy houses for cash understand the stress you’re in. They can help you sell your house within as little as seven days.
Make sure you choose someone who has experience selling homes in the Chicago area. These companies will know how to find local buyers quickly.
Otherwise, you could end up with a seller who lacks the experience and know-how you need. Instead of a fast sale, they could end up wasting your time.
Make sure the seller inspects every inch of your property. A professional, in-person evaluation will ensure they get a fair offer for your home.
By working with professional companies that buy houses for cash, you won’t have to worry about wasting time or money. They can make the process stress-free. You won’t even have to worry about a realtor.
You can discover more like this and experience the benefits of selling a house for cash here.
3. Sell to a Developer
Before you Google “how to sell my house fast for cash,” consider researching developers in your area.
Many developers purchase homes for the value of the land they sit on. Instead of updating your current home, they might tear down the property to develop a new one in its place.
Are you worried about the state of your home? Is the value of your property deprecated because it’s old? Selling to a developer could help you make a sale.
Many homeowners choose to sell to developers when their homes aren’t attractive to buyers. However, you could also sell an ugly home to companies that buy houses for cash. Exploring your options can help you find the best sale.
4. Offer Incentives
As you list your property online, consider the incentives you can add to the listing. You can sell your house for cash in Chicago a lot sooner if you add incentives.
For example, you can offer a flat-screen TV or Tempur-Pedic mattress with your home. Other pieces of furniture and appliances are great incentives, too.
Otherwise, consider offering cash incentives if the buyer purchases your home before your deadline.
5. Speak With Friends and Neighbors
If you’re trying to sell your home, speak with friends, family members, and neighbors. Your neighbors could have a friend or family member who wants to live in the area. As word gets around, you could attract an audience of prospective buyers.
Selling your home to a friend or family member can help you avoid stress, too. You won’t have to waste time or money advertising. You can save money on attorney’s fees as well.
6. Avoid Guarantees
As you try to sell your home for cash, you’ll likely see many guarantee sales programs. Don’t fall for advertisements that claim “We’ll Buy Your Home If We Can’t Sell in 30 Days.”
Some real estate agents will claim they can sell your home within your deadline. If they fail to sell the property, they’ll buy it from you. However, many of these guarantee sales programs end up as scams.
Make sure to avoid these programs. Instead, research companies that buy houses for cash.
Otherwise, you might end up receiving the lowest possible market price for your property.
7. Update Your Home
If you want to sell your home quickly, take a look at your property. If you were driving by, would you stop to take a second look?
Curb appeal is an important component of selling a home. Remove any dead vegetation and weeds before planting flowers in their place. You can also give the outside of your home a fresh coat of paint.
Consider painting the inside, too. A few small upgrades can make a big difference as you try to attract buyers.
8. Stage Your Home
Staged homes sell about 25% faster than non-staged homes. As you try to sell your home, consider how it looks to buyers. Staging your home can help prospective buyers imagine their own lives there.
About 50% of buyers find homes through the internet. You can use a virtual tour to attract and entice potential buyers. Virtual tours are also ideal now that more people are social distancing during COVID-19 quarantines.
Sell Your House for Cash in Chicago: 8 Tips for a Fast Sale
As you use these tips to sell your house for cash in Chicago, make sure to remain patient and flexible. With the right plan, you can sell your home quickly without stress. Speed up the sales process with these eight tips today.
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