New York is a unique state due to its diverse locations and population outlay. You may find a median home price around $300,000 in New York State, but median prices in New York City stay around $2 million. Regardless of your location in New York, there are certain tricks to sell a house in record time. Follow these steps to a lucrative sale that doesn’t take years at a time.
Homes in New York will typically stay on the market for 80-120 days. This average is based on the market environment from 2016 to 2017. In fact, sales are moving very quickly now that the presidential election is over. Many consumers waited until the election was decided to bid on the houses. There was a tidal wave of buyers and sellers in early 2017.
While there is talk of an increase in interest rates in the near future, the pace of buying has remained stable. New York inventory is low, forcing buyers to wait until another property is listed for sale. These conditions drive prices up as multiple offers remain common.
Although the market is primed for quick sales, that fact does not guarantee a perfect scenario for all sellers. You may want to “sell my house fast” but first you need to get noticed. Your real estate agent should have the property listed in the MLS and on the agency’s website. Social media also plays a role, as you and the agent post information about the listing. Blogs, email blasts, and other Internet-based correspondence also make a difference.
During advertising, arrange the interior of the house. Remove clutter and clean all visible surfaces. Photos, videos and open houses show the property in all its beauty. Basic cleanliness, fresh paint, and polished fixtures give buyers an excuse to bid on the property.
In most cases, you will have to review several offers. Their amounts are certainly important, but also look at the candidates. A person who can put a larger down payment on the house or pay it outright doesn’t have to worry about financing. The custody process will move at record speed. Conversely, people who are required to finance the majority of the home may not be approved for the loan. Do not forget that negotiations are still possible. If you don’t want to take your laundry system, for example, offer it to a bidder so that your price can be adjusted upwards. Home sales are truly unique, depending on your negotiating talents and needs.
“How to sell my house fast?” is a common question in today’s real estate market. Work with your agent to create a buzz around your property. There will be a buyer at some point. Effort and attention to detail will get you where you want to go.
