Are you considering putting your property on the market? If so, you should be prepared for everything that lies ahead. Like most things in life, when you finally decide to sell your house, the road ahead typically isn’t an easy one. From all the money and effort that you’ll have to sink in before the ink drys on your sale contract (as well as a host of many other stresses and hassles that will be sure to keep you up at night for months on end), getting a property sold is quite a serious undertaking. It’s also often quite challenging even under the best of circumstances.
Be that as it may, there are a few things that you can do to optimize your home sale and make everything just a little bit easier. These key tips and tricks will be sure to help you better predict, and ease, any potential stresses that may come up during the home sale process. In addition to this, they’ll also allow you to not only make the sale process easier but to speed up the timeline and potentially increase the value of your home in the eyes of prospective buyers.
In this blog, we are going to take a deep dive into this topic and highlight a few key tips and tricks one can use to optimize for better results. We’ll provide you with tips to help you sell quickly, as well as a few ways to appeal to buyers for higher offers. In addition to this, if you’ve already started the home sale process and are currently struggling with either attracting buyers or getting a buyer to commit and make a reasonable offer fit for closing, we’ve got you covered too. We are also going to touch on a couple of the most common reasons why your house isn’t selling, as well as provide you with a few tips on how to rectify these issues.
Everything You Need to Know About How to Optimise the Sale of Your Property in Minneapolis MN
Read on to discover our top tips and tricks that will come in handy when selling your house.
When it comes to selling a house, the way that you go about doing it will have a large impact on how long your property takes to sell, as well as on your final sale price. As such, if you’re hoping to sell fast, and are interested in generating top dollar offers, you should optimize your sale for these results. This is where our house selling tips will certainly come in handy. Below, we are going to break these down for you, and show you how each one can help you sell your home fast and take your property sale efforts to the next level. In addition to this, we’ll also cover a few tips that will provide you with ways to save money on the sale of your Minneapolis MN house.
So let’s get started…
Top Tips For Selling Your House in Minneapolis MN
Below, we are going to explore what exactly you can do to appeal to buyers and sell your home quickly. So read on to discover our top tips to sell your house fast.
*NOTE: These instructions are only relevant for those who are looking to get full retail value offers from their traditional buyers. However, if you don’t intend on going to the lengths included below… or do not have the time or money… you can still sell your house fast by contacting a cash home buying company such as our very own, FastPath Home Buyers.
1. Clean Deeply & Thoroughly
Even vacant houses get dusty and dirty, so be prepared for constant and consistent deep cleaning in between showings! Nothing short of gleaming perfection will impress buyers. If you’re not a total clean freak, hire a housekeeper or a professional cleaning service to make sure your home remains in pristine condition. If you’re a slob, consider finding somewhere else to live while you sell your house. Maybe you can bribe your cleanest friend to trade houses with you. Seriously though, keeping everything immaculate will really help you sell your house for top dollar. It allows buyers to feel comfortable in your space.
2. Cultivate a Cohesive, Neutral Style
Staging is very important when it comes to attracting buyers and generating offers during open houses. As such, in this section, we’re going to provide you with a few staging tips to help you sell your house fast. And our first one is for you to create a neutral and cohesive style within your home. This doesn’t mean you have to paint everything off-white. However, some more subtle colors can really help change the perception of your space. For example, a soft yellow will help brighten up a dark kitchen, while a deep dark blue will help turn a bright bedroom into a calm place to sleep.
But be careful: dark colors will also make rooms feel small. Spend the money required to get high-quality paint and professional help. Subconsciously, people will pay more money for a property that is well polished up. A fresh coat of paint makes the home feel better built, which could gain you a couple of thousand extra on the negotiation table.
3. Replace or Fix Broken Objects
Yeah, it might feel like a waste of money to spend an extra couple hundred bucks on a dishwasher that someone else might just pull out and replace again. But really, quite a few buyers will get a home inspection and use the opportunity to negotiate with you. As the seller, you’ll often end up paying more if you try to hide neglected maintenance from the purchaser – and of course, you don’t want to be guilty of fraud.
Make sure you stay in compliance with all the laws.
It’s often a good use of money to hire your own home inspector before you put your property on the market. If you ask in advance, they’ll often charge you a smaller initial rate, then come back after you’ve done a bunch of minor repairs and deliver you a clean bill of health. Prospective buyers love to see an independent report on the condition of your house – it makes them feel a lot more comfortable with the purchase.
However, if all of this is simply too much for your bank account to manage, you should consider finding an alternate way to sell your house without sinking any more money into it.
4. Make only Necessary Improvements
One of the best ways to sell your house fast if you’re in a hurry for any reason (such as having to sell quickly to buy a new house at a lower interest rate) is to invest in home improvements and upgrades, However, the biggest mistake people make when getting their house ready to sell is over-improving. They often spend too much money on customized frills that won’t be recovered through the sale.
Paint is about the only safe investment – it’s easy to overspend on almost everything else, and it’s easy to get ripped off by unscrupulous contractors.
So before you start, it’s important to know what improvements are actually required.
5. Get expert opinions
Next up, you should definitely find at least one reputable real estate broker who will help you price your property. When you do, it’s very important, to be honest with them. If you’re going to market the property on your own, don’t make enemies by lying about your intentions. Great brokers are rare, but they are sure to make more money for their clients than they earn.
6. Have a really great marketing plan.
Again, great brokers earn their value by doing this work for you and spreading the advertising expenses across many clients. It’s pretty expensive and time-consuming to start from scratch on your own, but if you’re already a marketing expert, you could try it.
If you’re not, spend your time listening to what the best brokers can do to sell your house in Minneapolis – just to educate yourself on the options.
Top Tips if You’re Struggling to Sell Your House
Have you been struggling to sell your house? Maybe you’re finding it hard to attract buyers and are wondering, “Why won’t my house sell in Minneapolis MN”. Whatever your issue, it is very important to understand that you’re not alone. Many people throughout the country struggle when it comes to selling their houses, so you don’t have to worry about your property being bewitched with an ancient curse that prevents buyers from giving it a second thought. You’ve likely just made a few mistakes when selling your home.
If you’ve spent ages either trying to find buyers or trying to close the deal to no avail, it is more than likely that you’re doing something wrong. If there were no problem areas within your overall home sale, be it in advertising, staging, pricing, or a myriad of other things that sellers typically get wrong, you wouldn’t struggle as much as you most probably are. So next up, we’re going to focus on what you can do if you can’t sell your house on the MLS in Minneapolis MN.
1. Is Your Sale Price too High?
The very first mistake that sellers often make when selling their houses is to set an asking price that’s too high, and that’s unrealistic for the home that they’re trying to sell and its present state. Such an error is often quite literally fatal for a home’s sale.
This doesn’t mean that you won’t find a buyer if your asking price is high. If you’ve invested in repairs and upgrades that significantly improve your property’s overall appeal, you’ll likely attract a whole group of people who’ll be interested in making the purchase. However, if you haven’t invested in any of these types of improvement, then it would be unrealistic to set a price that’s anywhere above market value. Lowering the price would actually be a better option if your home is close to disrepair but you’d still like to get it sold. For these reasons, you should always make sure that your asking price is balanced out with your property’s appeal.
2. Is Your Property in a Good State of Repair?
Unless your home has been recently built, it is more than likely that it will have a few structural issues from years of natural wear and tear. Time sucks like that, and it will take its toll on your property no matter how strong the bones of your home may be, or home premium and durable the materials that were used to build it are. Because of this, it is very important to make sure that all repairs are met, and every system is updated (be it plumbing, electrical, etc.) before contacting buyers. Failure to do so will likely be the reason why your home is refusing to sell.
3. How Good are Your Listing Photos?
When you first start advertising your property, it is very important to realize that no matter how beautiful your home may be in real life, buyers won’t see this until a much later stage. What people will see, and what will get potential buyers filling your voice mailboxes and knocking at your door, is the images that you take and post. For this reason, having poor-quality photos uploaded on your listing is a sure recipe for disaster. This is usually the case for homeowners who took photos with their phones and thought that those were good enough.
Sure, there are phones out there nowadays that have cameras fit to rival even the best Casios on the market. However, unless you’re a budding photographer that has significant natural talent, a good quality camera doesn’t automatically translate into beautiful photos. The lighting, the angle, and the editing are all things that need to be factored in when taking amazing photos. Because of this, simply loosening your purse strings and hiring a professional photographer to make your adverts pop is a great solution.
4. Are you Telling The Truth?
Most sellers don’t actively lie about their properties when they interact with potential buyers. However, little white lies here and there (such as advertising the nook in the corner of your bedroom as a walk-in closet and the cubbyhole at the end of the corridor as a home office) phrased correctly are often used to make the property appear more appealing.
While doing this may not feel as morally challenged as an outright lie, it’s important to realize that buyers aren’t stupid. A buyer will realize when what you say about your property is less than the honest truth, and when they detect deception of any kind, this will send them running for the hills. As such, it is very important to be brutally honest when speaking about your property. Telling your buyer about all the negative aspects of your home and neighborhood without sugar-coating anything will show them that you’re trustworthy, and this will make it easier for them to work with you.
5. Is your Property Too Cluttered?
And last, but not least, the state of your home when buyers come for showings is another common issue that could be making it a whole lot more difficult for you to sell your house. Interiors that have too much going on (no matter how decorative the clutter may be) simply appear small and cramped. And when buyers view your home as a cramped little space, this will reduce its appeal significantly. For this reason, it’s important to make sure that your home is de-cluttered and not overly decorated when prepping for a showing.
So there you have it. There is everything you need to know about how to optimize your sale for best results, as well as what you can do if you can’t sell your house and need help.
More Questions? Maybe you’re looking for tips to sell your house if you have tenants. Maybe you’re wondering how to sell your house if you have kids. Or maybe you’d like to explore our top 5 hot summer home selling tips. Whatever your questions, we’d be happy to provide you with all the answers you may need here at FastPath Home Buyers. Simply reach out to us, either by calling (612) 351-2384 or by filling in the short form below, and we’ll get back to you in no time.