5 Tips That Will Help Sell Your Home Quickly in a Softening Market

Though we’re in a softening market, you can still get your home sold quickly, and here are five tips that will help you do it.

Though we’re in a softening market, here are five tips you can still use to help get your home sold quickly:

1. Price it competitively. This will open the market up instead of narrowing it. You’ll receive more viewers coming through your home, and the more people coming through your home, the better the chances someone will fall in love with it and write an offer. You might even generate several offers!
   
   
2. Make pricing adjustments fairly quickly (if your home is already on the market but you’re not getting any offers). Don’t let your home languish on the market, because as each month passes, prices will drop even further. If one of your neighbors needs to sell their home quickly and they have to drop their price, for instance, you won’t have any control over that. Don’t just drop the price by $5,000, either. If you’re not getting any showings or offers, you’re generally between 3% to 5% overpriced.
   
   
3. Declutter and depersonalize it. If you haven’t already, take some time to put away the extra items lying around your house. That kind of stuff can distract buyers and make your home seem smaller. You want buyers to be able to visualize themselves living in your home and decluttering and depersonalizing will do the trick.
   
   
4. Make sure it’s available for showings. The more available your home is for showings, the higher the number of buyers who can see it in person. If you can’t show it at certain times, make sure to let your agent know so they can plan accordingly.
   
   
5. Offer incentives. You could include closing cost credits or offer furniture or appliances you won’t be taking to your next home, for example. If you live in an HOA neighborhood, you could also offer to pay your homeowners association dues for the first year. Don’t be afraid to get creative.