Incentives To Help You Sell Your Home Fast

For some people, moving is one of the most stressful events of their lives. This can especially be the case when homeowners must sell their houses quickly. If you need to sell your home quickly, but aren’t sure how to do so, consider hiring a reputable, real estate agent near you. This professional can walk through your home and provide ideas about how you can make it more attractive to potential buyers. For example, your real estate agent might recommend you replace the carpet in your living room with hardwood floors. On this blog, I hope you will discover the numerous ways a real estate agent can assist you during the home selling process. Enjoy!

Incentives To Help You Sell Your Home Fast

11 June 2019
 Categories: Real Estate, Blog

If you are struggling to sell a house, one of the tactics you can use is incentivizing your potential buyers. Seller incentives come in various ways, but they all have the endgame of sweetening your offer to buyers. Here are some of the incentives that may work.

Share Closing Costs

Buying a home is an expensive venture for most people. Apart from the down payment, the buyer also has to pay for closing costs that include things like mortgage origination fees, appraisal fees, title insurance, property inspection fees, and property taxes, among others.

Individually, each of these costs may be relatively small; taken together, however, they add up to a considerable amount. You can ease a buyer's burden considerably if you offer to pay some of the closing costs.

Throw In Some House Contents

Another incentive is to offer the eventual buyer some of your house's contents, furnishings, or appliances. For example, you may offer the buyer your washing machine, television set, or window coverings. This incentive is particularly welcome if you were planning to upgrade those items anyway. For many buyers, functional items would be more of an incentive than decorative items.

Buy Lender Points

Interest rates are one of the long-term costs buyers who buy properties on mortgages have to worry about. Many mortgage lenders allow buyers to pay some money up front so they can lock in their rates or enjoy lower rates. You can offer to buy these points for your buyer to reassure them that they won't shoulder unreasonable high-interest rates for the loan term.

Be Flexible With Closing Dates

For buyers struggling to close a property purchase deal, a tight closing deadline can be a deal breaker. If it all means the same to you, you can be flexible with the closing deadline to encourage such a buyer to make an offer.

Pay For Some Repairs or Upgrades

Most homes, even those that aren't visibly rundown, require one or two repairs or can do with an upgrade or two. Most buyers make a purchase offer when they already know what they want to change, fix, or upgrade in a house. You can offer to pay for these repairs or upgrades to incentivize your buyers.

The best incentives are those that your buyers find worthwhile but won't cost you an arm and a leg. Talk to your real estate agent about home selling incentives plus any other tips and tricks you can use to sell your home first.