How to Sell a House Fast in a Slow Market: The Key Steps to Take

how to sell a house fast in a slow market home sales

Are you ready to sell your home quickly this summer? With over 3.9 million homes sold so far this year, frustrations may be building over a lack of offers.

The seller's market of spring may have passed, but you still need to move out of your house. Calm your nerves and use this guide to learn how to sell a house fast in a slow market.


Price the House Appropriately

In a slow market, the price of a home becomes a high priority for potential buyers. It can be the difference between getting a showing or being passed for another house.

Research comparable homes for sale. This will give a better picture of the competition in the area. Pricing your property below the comparable homes will be more attractive to prospective buyers and local investors who buy homes.

Just because you set a lower price, doesn't mean your home will be sold at that range. A lower bar could start a bidding war that increases the final price. 

A seller who wants to sell quickly has to prepare that their lowered price may only get one offer. From there, it's their responsibility to accept or deny.


How to Sell a House Fast in a Slow Market With Curb Appeal

You may not put a high priority on the curb appeal of your property, but many buyers care about the small details. If you can show how amazing the curb appeal can be, then they may feel inspired.

Make sure all landscaping is routinely performed. Mow the grass, trim hedges, remove dead trees and bushes. These simple tasks will make your house look more beautiful.

Add fresh mulch and landscape rocks to give the front yard personality. A new coat of paint on fading areas can reassure a buyer your home is structurally strong.

Don't be afraid to ask an objective third party like a realtor for their opinion on the curb appeal of your home. They will point out things they don't like that you may have never noticed.

Save some money by rolling up your sleeves and doing the work yourself.


Make Your House Move-In Ready

Move your furniture to storage, fix up small issues, and make sure the place is clean. If the house is move-in ready, then a buyer will be motivated to buy quickly.

People don't want to see the home as you lived in it. An empty and clean space will allow their imaginations and creativity to fill it up. 

Fix or improve areas that might scare off buyers. For example, fix all holes and broken lights. These issues may seem insignificant, but most people view this as an annoying task they'll have to complete.


Start Packing Up Your House

If your home has been on the market for a while, don't become discouraged. You can use these steps to get the multiple offers you've always wanted when selling your house.

Learning how to sell a house fast in a slow market is knowledge you can take with you for the rest of your life. You'll never have to wait for months again to sell a home.

For more real estate related articles, please keep scrolling our blog. We offer plenty of home sales tips and ways to earn more money from your real estate properties.

Bootstrap Business Blog Newest Posts From Mike Schiemer, Partners, & Blog Outreach Services