how to sell your house in 12 weeks course

How to sell your house in 5 days?

When you need to sell your house in 5 days, don’t gamble a trial run with a subpar agent. Invest time in researching and interviewing candidates, so you choose an agent you trust can sell your home fast without compromising on sale price. Read reviews on agents anywhere you can find them and take notice on comments noting speed.

How much time do you need to prepare to sell a house?

Allow two months to prepare If you’re thinking of selling your home and your moving timeline allows for it, allow at least two monthsbefore listing to complete all your preparations. Allow a month to receive an offer Depending on the state of your local market, you should expect to start receiving offers within the first month of listing.

How long does it take to sell a house in 2020?

As of May 2020, properties took an average 26 days to sell, according to data from the National Association of Realtors — so if you’re able to get an offer in a fifth of that time, you’ll be overcoming some pretty steep odds. However, it’s not unheard of for properties to go under contract in 5 days or less.

What do you need to do to sell your house?

Checklist: What you need to do to sell your house Follow a detailed timeline to prepare your home for sale. Or, begin with this short checklist of presale tasks. Complete a deep cleaning of the entire home Get a pre-inspection Do any repairs and touch-ups Order an appraisal

How long before you make money as a real estate agent?

It can take about six months to start making money as a real estate agent. Everyone is different, but six months is around the time many agents make their first sale. To start making consistent money, you should plan for about a year. To make a profit, you should plan for up to 18 months.

How long does it take to prepare a house to sell?

How long does it take to prep the home?Listing prep: Staging, photography, listing description, 3-D tours, and for-sale sign in yard3-5 days, but in some cases as few as 48 hoursAppraisal period: Appraiser visits property and submits a detailed report to the lender8-10 (after buyer pays the lender an appraisal fee)5 more rows•Mar 30, 2022

Can you buy a house and resell it immediately?

The simple answer to this question is that you could immediately sell your house after closing if you really wanted to. As long as the sale is official and the house is legally yours, nothing is stopping you from selling it right away.

What is the fastest way to sell a house?

How to Sell My House FastClean and declutter.Pick a selling strategy.Set an attractive price.Invest in minor repairs.Stage and add curb appeal.Use professional photography.Create a listing strategy.Time your sale right.More items...

What is the best month to sell a house?

Nationally, the best time to sell a house is March if you're trying to sell quickly, while the best time to maximize profit is July. ... Historically, May was the best month to sell a house, but that changed to March in recent years. ... If you're hoping to sell for more than the asking price, aim for the week of April 22.More items...

How long do most houses take to sell?

Homes across the U.S. are selling faster than in years past. In 2020, homes spent an average of just 25 days on the market before going under contract, down from 30 days in 2019. After an offer is accepted, home sales typically require an additional 30- to 45- day closing period before they are officially sold.

Can I sell my house after a few months?

Yes, you can sell your house after one year or less. Technically, you could even sell it the day you purchased it. But while there aren't any legal restrictions on how quickly you can sell, there will likely be some financial ramifications.

Is it OK to sell a house after 1 year?

If you wait to sell after one year, unfortunately, you'll still likely lose money on the transaction. Though, you won't lose as much as your home has had time to appreciate. While unlikely, you may be able to break even if you live in a hot housing market with strong appreciation.

Can you sell a property within 6 months of purchase?

How quickly can you sell a house after buying? The general rule is six months — because that's how long many lenders will need a property to be registered before they'll issue another mortgage on it — but it's all down to your individual circumstances.

What makes a house harder to sell?

Factors that make a home unsellable "are the ones that cannot be changed: location, low ceilings, difficult floor plan that cannot be easily modified, poor architecture," Robin Kencel of The Robin Kencel Group at Compass in Connecticut, who sells homes between $500,000 and $28 million, told Business Insider.

What is the secret to a fast sale of a property?

the correct listing price. The secret to a fast sale is: a seller might have to lower the price of the property.

What adds most value to a house?

Top home improvements that add the most valueHome Improvement ProjectAverage Resale Value % IncreaseAverage $ Resale Increase1. Add a pool7.3%$22,0002. Finish a Basement6.6%$22,0003. Add up to a 3rd Bedroom6.2%$20,0004. Add a Full Bathroom5.7%$18,0007 more rows•Aug 29, 2019

Course Description

For most of us, our home represents the largest portion of our assets. Trying to sell a house, apartment or condo in today's fast paced market, quickly and profitably, has the potential for turning anyone's world upside down. Knowing what is important so you can meet your buyer's expectations is a necessity.

Course Lessons

Introduction to the course and exactly what the class will cover includes decluttering, cleaning, repairing and staging your residence. Additional lesson topics: Check Local Housing Prices; Prep for Photos 1 Total Points

Student Testimonials

"I liked the promptness of the feedback from this instructor. Kudos to her!" -- Vivian W.

How long does it take to get a home on the market in 2020?

home was on the market for 55-70 days in 2020, measured from the day a home is listed to the day the sale is finalized. On average, homes in 2020 went under contract just 25 days after listing, down from 30 days in 2019.

What is traditional selling?

Traditional selling includes hiring a real estate agent to list your home for sale. Your agent will generally handle the last few stages of the home selling process, helping to advise on the most important home improvements, landing on a competitive list price and advertising appropriately for the market.

What is comparative market analysis?

A comparative market analysis is o ften abbreviated as a CMA and is a report your real estate agent provides that includes a compilation of recent sales from your area.

What to do if you don't have any major repairs?

Even if you don’t have any major repairs that need to be taken care of, it’s important to go through your home and complete any minor repairs you’ve been putting off. Patching holes, repairing trim, and repainting can make a big difference.

How to stage a home?

First, you can simply declutter, remove personal effects like family photos, and arrange furniture in a way that highlights your home’s best attributes. Or, you can hire a professional stager.

What does a home inspector do?

A home inspector will take a thorough look at your home’s structural components, major systems, and appliances, and report back on any issues that may be red flags to potential buyers. A pre-inspection can help you prioritize any repairs that need to be done and direct you toward a reasonable sales price. 3.

Why is it important to have a dirty home?

You’ll want your home to give potential buyers a good first impression. Not only can a dirty home distract buyers from appreciating your home’s best features, but it can also give the impression that you haven’t taken care of bigger maintenance and upkeep tasks.

How to sell your house in 5 days

Selling your house within a week is certainly possible in some markets. In many cases, the asking price is a driving factor.

Only 5 days? Go the extra mile with these steps

Homeowners who need to move fast can take these additional steps to really supercharge their home sale.

How fast can you sell a house?

According to Griffith, it really all depends on your local market and the type and condition of your home. Late spring, it turns out, is the best time to list a home because this is when more buyers are house hunting. That’s not to say you can’t sell a home fast in the winter—just that you may have to work a little harder.

Alternatives

Again, dropping your price slightly below the average for your market could be enough to push you over the finish line. IBuyers may also be worth looking into. These are companies that purchase properties directly from the seller. They make cash offers pretty much on the spot and, most importantly, allow sellers to set their own closing dates.

How to get buyers talking about your listing?

Get buyers talking about your listing with unique marketing strategies. Marketing that inspires buyers to laugh or dream helps them connect with your property and motivates them to share your listing with others.

How much does decluttering add to a home?

And HomeLight’s Top Agent Insights Report reveals that reducing clutter can add over $2,500 to your home’s value.

What does it mean to pair a pre-listing inspection with a complimentary home warranty?

When you pair pre-listing home inspection with a complimentary home warranty, you assure buyers that your home is free from costly hidden issues. The more confident they feel about your home’s condition, the faster they’ll submit an offer.

How much does a home warranty cost?

Throw a cherry on top with an included home warranty. A home warranty costs on average $300 to $500 and covers emergency expenses that arise from appliances, electrical systems, HVAC units, garage doors, and other home systems for the first year after the closing date.

Why is precise pricing important?

Precise pricing is imperative when you’re up against a tight deadline. Price your home too high, and buyers won’t rush in with offers. Price your home too low, and you unnecessarily sacrifice thousands of dollars.

How long does it take to sell a house in 2020?

As of May 2020, properties took an average 26 days to sell, according to data from the National Association of Realtors — so if you’re able to get an offer in a fifth of that time, you’ll be overcoming some pretty steep odds. However, it’s not unheard of for properties to go under contract in 5 days or less.

How to sell a house in 5 days?

Work with an agent who moves homes like no other. When you need to sell your house in 5 days, don’t gamble a trial run with a subpar agent. Invest time in researching and interviewing candidates, so you choose an agent you trust can sell your home fast without compromising on sale price.

What to do before an open house?

There’s a classic trick clever real estate agents use before an open house: baking brownies or cookies. It floods the house with that delicious home baking smell and instantly calls up pleasant memories of home.

What is the paradox of removing personality from a house?

It’s a paradox: you removed all of your own personality from the house, everything that made it feel like home to you. Yet your goal remains to make it feel like a potential home to every buyer who walks in the door.

What are the first areas prospects see when they enter the house matter?

The first few areas prospects see when they enter the house matter. That includes the living room but might also include the entryway, hallway, foyer, or whatever else they see upon entering.

Why do we need to clean the exterior of our house?

After all, they’re outside all day every day. That means you need to clean the exterior of your house so it looks as shiny and new as possible.

Can you touch up a wall?

Not every wall can get away with a touch-up. Walk through your house with your real estate agent and look for any walls that are either badly scuffed or painted with non-neutral colors.

Do prospects tour your house?

In a perfect world, prospects would tour your house while you’re away at work, and you’d never have to interact with them. But we don’t live in a perfect world.

Can I list my home on MLS?

Yes, your real estate agent will list your home on the Multiple Listing Service (MLS), and they might hold an open house or two. But if you want to sell your home quickly, prepare to participate and support your agent’s marketing efforts.

How much does it cost to declutter a house?

Here are a few tips to get your house ready for the market: Declutter to make your house a blank canvas: Decluttering adds on an average of over $2,500 in value. In addition to getting rid of the clutter, it’s important to focus on depersonalizing your home so that potential buyers can see themselves in it.

What is a week in the marketplace?

A week is a short amount of time to accomplish any major project, least of all a task as complex as selling a house. You can’t exactly put your home on Facebook Marketplace, leave the keys on the porch, and ask the buyer to Venmo you. However, you aren’t the first seller to need a housing market express lane, and you do have options ...

What are the obstacles to selling a house?

Selling a house with a lien can be another obstacle to prepare for. The following are the most common types of liens that can disrupt a deal are: 1 Materialmen lien: unpaid contracting work 2 HOA lien: fees related to broken rules or overdue payments 3 Department of Revenue Lien: overdue tax payments

What is a pre listing inspection?

A pre-listing inspection is an inspection the seller voluntarily obtains and pays for prior to the listing , which is becoming increasingly popular for homeowners seeking to avoid potential roadblocks later on in the game.

How to increase the value of a house?

Freshen up your front door. Opt for a dark grey, charcoal, or black hue, all of which have been shown to attract buyers and increase value. Do some simple landscaping. Mow the lawn, plant a few flowers, trim the trees, and clean up your plant beds.

How long do you have to sell your house?

However, when you have only 7 days to spare, you might need to get a little creative. In your case, the alternative route of selling for cash may be a better fit for your goals.

What are the most common types of liens that can disrupt a deal?

The following are the most common types of liens that can disrupt a deal are: Materialmen lien: unpaid contracting work. HOA lien: fees related to broken rules or overdue payments. Department of Revenue Lien: overdue tax payments. Be sure to discuss your buyer’s policies on lien scenarios, as well inspections.

Get Professional Advice

When we decided to sell our New Hampshire house, the first thing we did was reach out to several local realtors.

Fix the Little Things

After we met with three realtors, we had a list of things we needed to get fixed.

Paint

In Atlanta, we hired someone to repaint our whole house, outside and in. Because we lived in a major city, we were able to find a painter who was willing to do the job for $2500.

Declutter

I know these tips are ones you read over and over again, but for the love of Pete, declutter your house.

Author: Laurie

Hi. I'm Laurie, and my family and I have set out to double our net worth and move abroad in the next three years. Join us on our journey! View all posts by Laurie