Are you in a situation where you need to sell your house fast in Fort Lauderdale? Whether it’s due to mortgage payments, back taxes, probate, or a problem tenant, homeowners often need to get rid of a Fort Lauderdale property ASAP.
If you’re ready to get rid of your Fort Lauderdale property, don’t wait for the perfect buyer to come along. Every day you lose money on taxes, insurances, maintenance. If a disaster strikes, you could be stuck paying for a full rehab.
Luckily, there are quite a few ways to sell your home lightning quick in Fort Lauderdale. Read on if you want to sell fast . . .
How to Sell a House Fast in Fort Lauderdale
Real estate markets vary drastically depending on whether you live. Let’s take a glance at the state of the Fort Lauderdale real estate market.
You can find the most up to date info Realtor’s Fort Lauderdale page. As of December 2017, this locale has a $315,000 median listing price at $211 price per square foot. The median closing price is $244,000. There are currently 8,035 homes for sale and 2,726 homes for rent.
With that background in mind . . . lets to get to the selling fast tips!
Tip #1: Max Out Curb Appeal
Nothing is as important as first impressions. Be concerned about what a prospective buyer may think as he drives up to your property and enters the doorway for the first showing. It’s a make or break time.
There’s a few steps you can take here. Walk along your street and see how your home stacks up to the neighborhood. What are the short comings? Is it attractive? Clean? Well-kept? Or does it look like you’ve been slacking on your maintenance and regular upkeep?
Once you’ve lived in a property for years, it’s tough to see it objectively. You can consult with family, friends, or a trusted real estate professional as to how your house really compares to the neighbor. Be proactive if you’re looking to sell to a regular owner occupant. Make sure your landscaping is well-groomed and your lawn is manicured. The driveway, exterior porches, and exterior walls must be clean, too.
If you put money into cleaning up the outside of your home, I can guarantee that buyers will be more likely to take a tour of the inside. Curb appeal is what draws buyers in, helps maintain their interest, and sets your home apart from the competition.
Unless you discount a home’s price well below market value, prospective home buyers won’t want to buy a house that needs a lot of work.
Tip #2: To Upgrade Or Not Upgrade? That Is The Question!
Should you spend big bucks to upgrade your home before selling it? Some upgrades pay off, others don’t. Just because you spend $50,000 to install a new pool doesn’t mean your house is worth $50,000 more.
Certain re-modeling does ad value, but it depreciates every day that you continue to live in it. For example, imagine you install shiny new wood floors and freshly paint each wall. As you continue to move about the property, things get worn and lose that new feeling.
As a general rule, small upgrades regularly pay off, such as replacing the kitchen sink or updating an old water heater. Major re-modeling only pays off if the house is “ugly” and no regular homeowner would be interesting in buying it.
Still, you want to ensure repairs are sufficient to satisfy home inspectors and mortgage lenders. Most “regular” home buyers make a purchase offer contingent upon receiving a satisfactory report from a certified home inspector, an appraisal contingency, and mortgage approval. If the house is in particularly poor condition, the sale can be stopped.
House needs repairs and don’t want to make them? Perhaps you live far away or simply don’t have the cash or time to manage contractors. Contacting a professional cash buyer near Fort Lauderdale like House Heroes LLC is a great solution. We buy houses “as is” in any condition, situation, or circumstance. Fair cash offers. Give us a call at (954) 676-1846 for a no obligation cash offer. Since we don’t rely on mortgage financing, inspectors, or appraisals – we buy houses simple, fast, and easy.
Selling Tip #3: Depersonalize Your Home
After you fix up the curb appeal, and decide whether to make repairs or sell as-is, you are probably proceeding towards showing the property. It’s commonly recommended to “depersonalize” the house before beginning this process. This includes removing family photos, art, collectibles, off-putting paint colors. You want a calm and peaceful environment so prospective buyers can imagine themselves happily living in the property.
ForSaleByOwner provides guidance on depersonalizing a home:
- Wall Coverings– If your home has wall treatments such as upholstery, wallpaper or stencils that have not been updated within the last five to seven years, it is advisable that you
remove or replace them. Buyers may have a particularly difficult time seeing beyond wallpaper designs and patterns that are decades old and unfashionable.
- Wall Décor– Putting personal effects like sports memorabilia, autographed musical equipment and family photos into storage is recommended as these items serve as distractions for potential buyers. Clocks, mirrors and pieces of art should be evaluated to determine if they present the proper neutrality for the home.
- Color Palate– Using a neutral color palate can help you present a “blank canvas” to the buyer. Being aware of the underlying tones for the colors that you choose can help you bring out the character of the room without insinuating your own personality. For example, if you choose a shade of beige with gold or tan undertones, utilize those colors for accents where appropriate.
- Collections– Neutrality shouldn’t just apply to color; but to the subject matter of the collections around your home. Neutral books or magazines may be appropriate for display, but other reading materials should be hidden or even turned inward to hide the spine. Collections of religious artifacts and niche subject matter should be removed.
Where to store your old junk? If you can’t bring yourself to throw the items away, rent a storage unit. It will be easier to freshen the paint on interior walls and tone down any bright colors with off-white or beige.
Selling Tip #4: Price Your Property Competitively
Selecting the correct listing price is beyond doubt the most important aspect of completing a fast property sale. Price too low and you may leave money on the table or too high and it will sit around and never sell. Check out the active sales and sold comps. If you are priced above those, why would anyone by your house if they could by the same for less? The answer, of course, is they wouldn’t.
When a home sits on the market for an extended period of time, prospective buyers may assume it hasn’t sold because something is wrong with it. The “attention” an initial listing draws (automatic updates, neighborhood buzz) dissipates. Don’t let that happen to your home sale.
Thinking About Selling Your House to a Florida Cash Home Buyer? Give us a call (954) 676-1846 or fill out the form below!
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