If there are too many houses for sale at any time, it can be considered a buyer’s market because the limited number of potential buyers can take their time looking at all the listings before deciding. Not having to rush their decision because there is another house available if one sells, many sellers have become desperate and simply drop the house price to try an entice a buyer.
If drawing attention to your home in a slow market doesn’t work, the we buy houses representative can offer cash to close the deal with money today.
Showcasing the Best of Your Property
With so many similar houses for sale in your neighborhood, it really can be a struggle to stay on the minds of a potential buyer after they see your house. The key here is allowing your listing agent to focus on showcasing all the best of your property compared to other houses. Instead of focusing on your pool or furnished basement, your real estate agent may choose something the other houses are lacking.
Your agent might want to bring more attention to the fact that your home has a brand new warrantied roof, all new kitchen appliances, or recently was placed under a full-service pest control contract that is transferable.
Giving Buyers More to Consider
Once a buyer leaves the house, they are going to see many more and will easily forget your listing unless you give them a reason to think about your home again. With so many buyers trying to entice buyers by dropping the house a few thousand dollars, maybe you are in the position to pay for points, so the buyer can save tens of thousands in interest over the years. Perhaps you could appeal to first-time buyers who will be broke after closing, so offer to pay the closing costs to get them excited.
Your real estate agent will find things that you can offer than other sellers won’t and use them to attract and hold the attention of a potential buyer.
Making the House Buyer-Friendly
Many of the houses on the market today still look like the seller lives there. This makes it hard for a buyer to walk in and get emotionally connected. That is why buyers love model homes, the decor makes it easy to imagine themselves already living there. Your realtor will help you to neutralize the interior of the house, so it too shows like a model house.
Consider painting in neutral colors, removing personal effects from the walls, getting clutter boxed an in storage, and hiring a crew to transform the property to increase the curb appeal.
Remember that you have one chance to make a first impression on a potential buyer, and once they walk away, they are going to have hundreds of other houses to consider. When the agent is unable to get a potential buyer to take your home in a slow market, the we buy your house representative will offer cash instead.