Sell a House Fast in Arkansas
By admin 2nd Jul, 2020
7 Proven Ways to Sell a House Fast in Arkansas
Gearing up to sell a house fast in Arkansas? Arkansas property market is hot right now, making it the best time to sell your house. Last year property values in the state went up by 3.5 percent, and it is anticipated that the figure will spike by close to 4 percent in the next year or so.
Even so, it can be an uphill task when you want to sell a house fast in Arkansas. This handy guide delves deep into seven tried-and-true tips for house-selling in Arkansas, helping you master how to price your home right, find qualified buyers, power through the closing, and much more in between.
(1) Ditch the real estate agent
It’s true; selling a house quickly is never easy, especially in the middle of a pandemic. House-selling can be a long, tedious process that calls for a substantial amount of knowledge, patience, and time to get top dollar for your property. That’s why most people choose to work with a realtor.
If you can find a good real estate agent, he or she may take the pressure off of you and help you find the best buyers through their active connections. However, hiring a realtor has its fair share of challenges and downsides. A realtor may complicate the process if your house is not in the best of state or neighborhood.
If the location of your house is less than favorable, the agent may sell it short, and you will lose on your equity. Let’s not forget that you will part with around six percent of the closing value in real estate agent commission. In a conventional house-selling transaction, the commission can make up to half of your total closing costs. That’s money could help you pay off car loans, start a business, or take the much-needed getaway vacation.
What are we saying? Hiring a realtor may not be in your best interest in the current property market in Arkansas. The last thing you want is to delay the sale further and still cough up some money to the realtor.
(2) Study the local market
If you want to sell a house fast in Arkansas, you want to know exactly what buyers in your area want, and how to appeal to their taste in real estate. How much are similar houses in your neighborhood selling for? Should you do major renovations or carry out minor fixes to improve the curb appeal of your house?
If possible, get in touch with someone who just sold their house, and ask for support, guidance, and advice every step of the process, from how to list the property to handling house opens and showings.
Doing some due diligence and local market research will help you get the timing right, which is very important when you want to sell a house fast in Arkansas. After all, house prices rise and fall during certain periods of the year, and timing the sale can help you get more money from the transaction.
More often than not, house prices in the Natural State fall sometime in winter, and may reach the bottom of the through in January or February. As such, if you want to sell a house fast in Arkansas, winter may not be the absolutely best time.
Nonetheless, the house prices hit the peak right about the start of winter or late fall. That’s what real estate experts call the sellers’ market. So, if you are looking to recoup the most profits, this is the perfect time to put your house on the market.
(3) Price the house right
The key is here is “right.” You’ll want to price your house in a way that guarantees good profits and yet still attractive to high-quality buyers, particularly fast house buyers who will pay cash for the property.
Here’s the gist of it: there are a plethora of factors and considerations to keep in mind when setting the home price. The property market trends, economic outlook, job market, and house values are some of the crucial factors to consider. During the low demand season like winter, for instance, you may have to push the price of your house lower to stay ahead of the competition.
That doesn’t mean you should undervalue your property too much. That is big no-no if you want to attract the right group of buyers. On the flip side, you also don’t want to over-value your home too much as it will be a huge turn-off for most fast house buyers.
As a general rule of thumb, you should check out the price at which most similar houses in the market are going for. That’s only half the battle; the next half is to know the true value of your house. To do this, you can bring in an appraiser or do comparable market research or analysis (CMA). Once you know how much the most houses in the area are selling, you should undercut them, but not by too much.
For example, if several similar homes in the neighborhood are selling at $250,000, you might be better off setting your house price at $235,000. This will help lure in buyers who are after getting the lowest price.
(4) Get your house ready for showings
Prepping your house for sale is of paramount importance if you want to snag the best price. There are numerous steps you can take to get your house ready for sale, but doing simple, low-cost repairs is perhaps your best shot. Broken lights, ugly fence, malfunctioning doorknobs, or cracked windows are supposed to be taken care of.
The real magic is to ensure that potential fast house buyers see your property in the best light possible. Of course, you must also clean the house, starting with the most important rooms like the bathroom, kitchen, and living room. Give them a deep, thorough clean-up until they are squeaky clean.
Give your front-yard features like the porch, fence, windows, and so forth a fresh coat of paint to improve the curb appeal of your home. Do all of these fixes and improvements before you put up the “for sale” sign.
Should you do major renovations? At the current housing market, it may not be a great ideal to do expensive repairs and renovations as you may not be able to recoup your money.
(5) Marketing is crucial too
In a highly digital world, marketing is the be-all and end-all of selling a house in Arkansas. It pays to remember that marketing is an art and science that you need to get just right to reach as many prospects as possible. Use the following marketing tactics to make sure many potential buyers know about your house for sale:
Leverage social media: everyone’s on Facebook, Twitter, Instagram, and other social media sites. This is a cost-effective method to let people that you’re selling your house. Use high-quality photos that paint your home in a good light. If your kitchen is your home’s best selling point, ensure to take as many photos of it as possible.
List your house on several MLS sites: The internet is your BFF when you want to sell a house fast in Arkansas. Take advantage of MLS listing portals like Zillow, Homesnap, Trulia, and Realtor.
Create print advertising materials: Don’t forget to pack the material with great photos of your lovely home.
Use signage: Your home for sale in Arkansas should have a “For Sale” sign right outside to catch the attention of passers-by and potential buyers.
Send out e-flyers: Technology has made it effortless to generate and send e-flyers. See to it that electronic flyers have multiple photos of your property.
(6) Declutter your house
The chances are good that you will hold several house opens and showings. The last thing you want is for potential fast house buyers to find your home in a pathetic condition. That’s why you should declutter your house so that it looks more spacious and its great features will take the spotlight.
Moreover, buyers are often interested in houses with large storage space. The good news is that decluttering will make more room in your closets, garage, and other rooms, creating a sense of more storage space.
A few days or weeks before the showings, go through everything that you own. If something hasn’t been useful in the past 12 months or longer, get rid of it. Purge unnecessary stuff.
If you’ve got the time and space, arrange for a yard sale. Give away, donate, or trash stuff that you don’t need or love. Best of all, decluttering will minimize the things you will need to move when it’s time to leave.
(7) Sell your home to fast house buyers
If you think the standard house-selling procedure is complex, you aren’t alone. But why go through all the trouble when you can simply sell your house to fast house buyers like WeBuyPropertyUSA.com.
WeBuyPropertyUSA.com, you don’t have to worry about house opens, hiring realtors, closing costs, and whatnot. They will give you an all-cash offer in the shortest time possible so you can focus on the next chapter of your life.Your rating: noneRating: 4.8 - 2 votes