You could be selling your house for any number of reasons, but once you decide you want to sell, of course, you want to sell your house fast in Ontario. Here are some things you should do to sell your house faster in Ontario.
How To Make Your House Sell Faster – Appropriate Asking Price
The number one thing that will sell your house fast is to offer it for sale at an appropriate asking price. Spend some time and research on the recent comparable sales in the close area to the property. Make sure to analyze all aspects of the property: whether or not it has a pool or access to a body of water or canal, the year the property was built, the proximity to shopping plazas, grocery stores, or other points of interest in the neighborhood. Determine the appropriate asking price by using the most recent sales possible, preferably in the past 6 months. If there are no recent comps in the offer, consider using other properties in the area and subtracting or adding value based on features that your property does or does not have. If your asking price is too high, you may not receive as many offers because that lends a buyer to believe you do not really want to sell your property. If you offer the property for sale too far below market, then buyers might believe there is something wrong with the property.
How To Make Your House Sell Faster – Aesthetic Improvements
Making necessary upgrades and improvements to the property will definitely help sell your house faster. If a buyer can walk into the house and imagine themselves and their family living in the house, this will definitely help sell the property faster. If your kitchen is showing signs of wear and tear, updating your kitchen might help a buyer fall in love with the property and make an offer quickly. Other areas of the house you’ll need to look at to make your house sell faster are bathrooms, flooring, paint on the walls and curb appeal.
How To Make Your House Sell Faster – Host Open Houses
We are dealing with unprecedented times. Traditionally, hosting an open house would have sold the house faster. This would have encouraged the local real estate professionals to visit the house in hopes that it will meet the criteria of one of their clients. If a real estate professional is out searching for client houses, this means that their clients are pre-approved and ready for a quick sale. The real estate professional may even like the property for themselves! Other potential buyers would have also attended; however, some of them may not be pre-qualified or even able to obtain a loan. What can you do to make your house sell faster without an Open House? You’ll want to make sure that you have plenty of marketing with great pictures of your house and a walk-through video so that potential buyers can still see your house quickly without worrying about COVID-19 before making the commitment to take the next steps.
How To Make Your House Sell Faster – Network
If you are an investor who flips properties, you most likely know other real estate professionals, or professionals of related fields, such as pool cleaners, property inspectors, or contractors. These connections have access to a large word of mouth database made of the customers they do business with and can mention your property to them, especially if they mention that they are in the market for a new home. Even if you are not a real estate investor, make sure to tell all of your friends and family your house is on the market. This is a great way to spread the word.
How To Make Your House Sell Faster – Prepare a Proforma
For multi-family property or even single-family residences, preparing a proforma for the property will be another tool to sell your house fast. This will be especially attractive if your property is multi-family because this is the most important part of an investment: the return on investment! Doing your research on the rental market in the area will definitely be worth it because it is the backup of your estimated rental amount. Investors will be able to compare this with the initial investment they are making and determine if it meets their investment goals.
Call GTA House Buyers today at (647) 848-7790 or tell us about your house to discuss these and other things you should do to make your house sell faster in Ontario. If you are not able to do any of the things mentioned in this blog but would still like to sell fast, we can make you an offer and close quickly.