It is a well recognised fact that the majority of buyers will make a decision on a property within the first minute of seeing it. This does not give you long to make the most of your assets but there are certain free and almost free strategies you can employ beyond the old 'baking bread' routine. If you want buyers to meet the valuation price it is vital that you use some of these techniques, the sale of your property depends upon it.
Most people are aware that a clean and well presented property will sell quicker and for a figure closer to its valuation than a dirty one. This article will present some tips that if not free, are at least inexpensive. While most people do not have the money to invest in major renovations to their property or adding an extension to improve the valuation, with a little time and effort the price you receive from a buyer can be increased.
Fundamentally, these tips are concerned with improving the aesthetics; the majority of buyers are especially swayed by the look of a property, not necessarily its valuation in terms of actual worth. The number one tip therefore is tidy your house thoroughly before any visits, this is free and simply requires effort on your part. The clean does not even have to be a spring clean from top to bottom; by tidying away debris, rubbish and items such as children's toys it is possible to make the best of your home, showing the space off to its greatest ability.
In terms of the gardens if you want the property to live up to its valuation, something free that you can do is to cut back the bushes and shrubbery to ensure they look neat and appealing; this is especially true around the house, if you have a bigger garden you may get away with some unruly growth. Well trimmed bushes and shrubs will however make the property look well maintained, this is subconscious on the part of the buyer but will definitely help you achieve that valuation price you are after, and once again this action is free and well worthwhile.
Although not free, it may be worth buying inexpensive flowers for the exterior as well as the interior of the property. Attractive flowerbeds in and around windows and doorframes can be an especially strong selling point. The same can be said for well manicured and landscaped lawns. Current estimates show that properties that have undergone landscaping receive four to five percent higher prices when it comes to a sale, that much closer to the original valuation figure.
If your window frames and doorframes are made of wood ensure these are in good condition. This can be free or cost as little as a pack of sandpaper and some varnish. All it takes is a weekend spent sanding and varnishing, restoring the frames to their former glory. This will considerably improve the buyer's response and get you closer to the valuation price. Buyers look at these kinds of details as potential problems so by making sure they look clean and tidy, as well as sturdy will make your property more appealing.
While painting the whole of your house may be an expensive remedy to a tired looking exterior, a tin of touch up paint allowing you to tackle the worst affected areas can be a great solution. This should also be applied internally making sure any chipped paint is remedied and made good. The effects will be considerable giving your house a much cleaner and tidier appearance.
The name of the game when selling your property is to get as close to the valuation price as possible. By utilising these tips that in the large part are free or at least inexpensive, the sale of your home can be speeded up and the price it sells for can be improved.
Sell Property By Owner
1.Flat Fee MLS Listing
2.Offline Marketing
3.Online Marketing
4.Virtual Tour
5. Word Of Mouth
1.Flat Fee MLS Listing
This is an easy and effective way to get your property listed without having to pay both sides of the commission for selling your house. Flat fee listings in the past had a bad rap from Realtors! Realtors would steer clients away from the listings or avoid showing the listings at all. Times have changed and Realtors will gladly show your flat fee listing now. Generally you will pay anywhere from $99 to $499 for a flat fee listing on the MLS. If you sell your house with a flat fee listing you are only responsible for paying the buyer's Realtor commission. Generally we offer 3% to the buyer's agent. You will be responsible for filling out the paperwork, taking pictures and negotiating your own contract with the buyer when listing your house with a flat fee company. The buyer's Realtor will contact you to set up a showing. Flat fee listing is a great way to get your property on the MLS and save you at least 2% in Realtor commission.
2.Offline Marketing
There are many ways to market a property offline. Offline typically consists of bandit signs, info tubes/boxes, tear off flyers in a grocery store and newspaper ads. We are going to discuss the tried and true way to get your phone ringing off the hook? BANDIT SIGNS! We have found that handwritten 18x24 white bandit signs work the best. You should put at least 20 bandit signs around your house, preferably at busy intersections. You want a lot of people to see your signs when they are stopped waiting for the lights to turn green. Below is an example of what could be written on a bandit sign:
MUST SELL
Losing To Foreclosure!
3 bed 2 bath
(555)555-5555
We had over 60 phone calls in 4 days while using this ad on bandit signs, if we do not find a buyer we will lose the home to foreclosure.
**A Word Of Caution**
They are called bandit signs for a reason!! Check for local sign ordinances.
3.Online Marketing
There are a lot of real estate websites available. I am going to focus on three sites: craigslist.com, backpage.com and kijiji.com. I refer to them as the big three! You should be posting your house for sale at least 3 times a week. You want maximum exposure and to get your house in front of as many people as possible.
4.Virtual Tour
You can make an easy inexpensive virtual tour of your house using a video camera or Flip Video. You can pick up a Flip Video camera from Best buy for about $100. There are a couple things to keep in mind when filming your video virtual tour! Always start with filming the outside front of the house while saying the address and a little description about the property. DO NOT film every step you take! Talk about the specific area/room that you are filming then stop filming before moving on to the next area/room. Post your video on Tube Mogul, online marketing sites (craigslist.com, backpage.com, etc) and your blog.
5.Word of Mouth
The cheapest and easiest way to get the word out about your house is to tell EVERYONE that it's for sale.
I hope you find these top five ways to market a property for sale helpful!
Both Thomas Pretty & Tawana Wall are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Thomas Pretty has sinced written about articles on various topics from Formula One, Debts Loans and Interior Design. Real estate expert Thomas Pretty looks into ways to make you house worth more and how a is vital when selling y. Thomas Pretty's top article generates over 1500000 views. to your Favourites.
Tawana Wall has sinced written about articles on various topics from Attracting Mate, Cars and Credit Check. Matthew Lohse is the manager of Today's Real Estate Solutions LLC. Today's Real Estate Solutions is a real estate company that specializes in finding below market value homes throughout the Chicagoland area. To gain access to our properties please visit. Tawana Wall's top article generates over 201000 views. to your Favourites.
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