If you’re trying to sell your home, you’re probably anxious to seal the deal as quickly as possible. Whether you’re moving and trying to avoid dealing with a long-distance sale, or need the proceeds to buy a new property, the faster you can sell, the sooner you’ll be able to move on to the next stage of your life. Luckily, it’s possible to speed up the frequently slow real estate process.
How to sell your home fast
There are a few things you can do to hurry things along if you want to sell your home as quickly as possible. Here are some quick-sale strategies and options to consider.
Find the best agent
If you choose to hire a real estate agent, be sure to put in the effort to find the right one for your situation. A good agent will give you valuable advice that can help you secure the best price for your home and make sure the sale goes smoothly — and quickly. An inexperienced one may slow down the process.
One good practice to help find the right agent, according to Kevin Bazazzadeh, founder of Houston-based homebuying firm Brilliant Day Homes, is to ask for references. This will help you find someone you can work with easily. “Knowing their work history will tell you about their work ethic, and how they communicate and negotiate with clients,” he says.
It can take about 76 days from listing to closing if you work with an agent, according to data from Redfin and Ellie Mae. On average, it takes 18 days to receive and accept an offer after listing and then another 58 days from the time of accepting the offer to close on the deal.
Sell to an iBuyer
iBuyers are real estate technology companies that purchase homes online. You provide the iBuyer with your property information, and it uses an algorithm to make an offer that you can either accept or decline.
With an iBuyer, you might not get as high of a price as you would with a traditional listing, especially if there are competing offers. But the process is usually smooth and fast. Selling with to an iBuyer can take as little as a few weeks, start to finish.
If you want to avoid paying fees to an agent or getting a low offer from an iBuyer, you can list your home for sale by owner (FSBO). If you know what you’re doing, this can speed up the sale process because it eliminates waiting on someone else to get things done.
However, this process involves significantly more legwork, because you won’t have the …….