Many sellers are frustrated by how long it can take to sell their home. Renting usually takes less time on average, but that doesn't mean a rental can't sit on the market for a significant length of time. Fortunately, there are some active steps you can take to increase your home's chance of selling or renting faster. These will be outlined below.
Find the Right Real Estate Agent
Finding the right real estate agent is paramount to getting your home sold faster. A professional is going to have a strong understanding of the real estate market in your area as well as what buyers are looking for in a home. Interview all agents you are considering and see which ones impress you the most with their experience and demeanor. Once you have found your real estate agent and signed a contract with them, listen to their advice on what fixes to make as well as staging your home properly.
A simple way to make your home more attractive so it will sell faster is to clean it up. This includes scrubbing and polishing surfaces in addition to removing all clutter. Rent a storage unit if you need to, but do not leave your things lying about. You want the home to come across as a spec home would - nice-looking but generic. Don't forget to remove personal items that can prevent the buyer from imagining the house as they want it to be.
Some small upgrades will help sell your house faster. For example, painting walls or tearing up old carpet in favor of hardwood floors are relatively simple upgrades that can entice buyers to buy. Generally speaking, it is better to avoid major upgrades as you are unlikely to recover your money's worth. Focus on the smaller things that will still help your house sell as soon as possible.
Whether you are selling your home with the aid of a real estate agent or a new landlord doing everything yourself, you will need to take some part in advertising the property's availability. Don't just leave the listing up to your real estate agent. Be sure to do your part to spread the word that your house is for sale to increase your chances of finding a buyer quickly. The same is true if you are renting a property. It needs to be listed in every relevant directory to make it easier to find for potential tenants.
Sell to An Investor
If you absolutely must sell quickly or your home has major problems, it might be worth looking into selling the property to an investor. An investor will buy your property for cash and take care of the closing process for you, which greatly speeds up the process. The major downside is that you often won't get as much money for the house, as investors are looking for a good deal. Be sure to do your research before deciding this is the best course of action in your situation.
Try the above tips if you are looking to sell or rent your house fast. What was gone over in this guide should increase the chances of that happening.