How To Sell Your House Fast

It makes sense that most people want to earn the highest amount of money possible when selling a house. The only problem is that getting the property ready for maximum impact in the market can take time.

You have the luxury of being able to paint, perform minor repairs or even undergo substantial renovations when you plan months or years in advance. However, the only certainty in life is that life happens – as evidenced by the frantic Google searches for “how do I sell my house quickly” and “I want to sell my house urgently.”

Sometimes, you need or want the fastest transaction possible with the least amount of preparation you can get away with. Let’s take a look at how we can pull off the almost impossible.

An accurate, unbiased assessment is the foundation of your effective home-selling strategy. Book your complimentary home evaluation here.

How Long Does It Take to Sell a House in Ontario?

Practical expectations are the first step when buying or selling a home. Even if you find a buyer right away, a real estate transaction still takes time. Think of everything that has to happen from the moment you decide to sell and when the buyer gets the keys.

The Pre-Selling Period: During this time, you do what you can to prepare your house for the market. Typically, this means cleaning, decluttering and taking care of any necessary repairs. You’ll also want to choose a real estate team to represent you if you haven’t already.

Time on Market: After your house is listed, you will have showings and your real estate agent will help you negotiate any offers you receive.

The Closing Period: This refers to the time after you accept an offer and before the transfer of ownership takes place. A lawyer reviews all of the paperwork and runs a title search while the lender finalizes the mortgage approval.

The fastest possible scenario likely involves a cash buyer (who also wants a quick transition), a clean offer, a lawyer available immediately and absolutely no complexities. In this rare situation, the transfer of ownership still takes a couple of weeks due to the legal aspects of selling a home. Anything that happens in less than 30 days is considered an unusually fast transaction in Ontario.

Real estate transactions can be complex, and no one can expect a sale to happen overnight. What you can do is streamline the process as much as possible to make it easy for a buyer to find and fall in love with your home.

Understanding your buyer’s perspective can help with a fast home sale. Here’s Why Home Sellers Need to Think More Like Buyers.

Understand the Current Market

How quickly your house sells depends on the market, the property type and your selling strategy. Homes sell quickly during periods of high demand and low supply. Selling during a buyer’s market usually takes longer unless you are lucky or have an impeccable strategy.

For a realistic timeframe, take a look at the current market. Consider the average number of days on the market and average selling prices for similar homes. If those statistics work with your timeframe, you’re likely in a good position to sell your house on your terms.

You may need to consider some compromises if you need to move faster than the market. No one can say with certainty whether or not you can beat those numbers, but effective planning gives you the best chance.

The real estate market changes, but the foundations stay the same. The posts below can guide you to a successful sale in any circumstance:

Top Strategies for Selling Homes Fast

You may not be able to complete all of the preliminary steps when you need a quick sale. However, it’s critical to do the best you can with the resources you have to appeal to as many potential buyers as possible. Think of the three P’s of selling a house.

Presentation

Lacklustre presentation can make it harder to sell quickly, not easier. It’s worth a little extra time and effort to make your home show well. A total remodel may be off the table, but you can still clean and declutter thoroughly to make a positive impression on potential buyers.

When working with a full-service real estate team, you’ll be surprised at how much of a transformation we can make in a limited amount of time. With almost immediate access to tradespeople and contractors, we can ensure your home stands out in the market.

Price

A compelling price point is always essential, but it’s even more critical when you’re relying on a fast transaction. We never want to undervalue your property. However, your listing price must show real value and generate excitement in the market. A realistic price is a valuable piece of the puzzle in enticing qualified buyers to place an offer.

Want to get your home show-worthy in record time? The posts below can help:

Promotion

Massive exposure is the final component of a fast and successful home sale. The more people who know about your listing, the better. However, it’s the combination of all three elements that really adds up to the results you want.

A house that shows beautifully at a compelling price point and high levels of excitement is the winning formula for all real estate transactions. When you want to put the move behind you with as little time and stress as possible, smart pricing, presentation and promotion always help.

Do you have questions about selling your home in today’s market? Our top agents in Hamilton & Burlington can help you get the results you need. Reach out today with any questions you have, or call 905-332-9223 to connect with our office.

How Long Does It Take to Sell a House in Ontario?

Understand the Current Market