Did you know that newly listed homes have increased by 13.5%? In large metros such as Chicago, they’ve increased by 9.1%.
If you’re considering selling your home, you might look at Chicago homes for sale for ideas. Do you dream of selling your home fast but aren’t sure what tips to implement? Read this guide for top tips for selling your house today.
1. Find a Realtor
You can either do houses for sale by owner, sell your home for fast cash, or find a realtor. Selling Chicago homes can be tricky, and a realtor could help.
They’ll help you find the best price and reduce stress. Listing agents will know what people are searching for.
Realtors will also answer questions along the way. Those who work with realtors tend to get more money for their homes.
2. Pricing Your Home
When you’re ready to sell your home, the sales price is one of the most important factors. Check out your neighborhood’s market to see competitive prices.
Notice how long homes stay on the market, when prices drop, etc. Realtors might be able to give you a comparative market analysis. This will show you similar homes that sold based on location, age, size, etc.
It also factors in the square footage, bathrooms, bedrooms, and any renovations. Using a competitive analysis tool will give you a competitive edge.
3. Prepare Your Home
Check the curb appeal and the inside of your home. The curb appeal will be the first impression a potential buyer will make.
Clean the yard, have an attractive porch, plant flowers, and other items. Check for peeling paint and any uncared-for items. Clean up garbage and clutter.
Clean the inside of the home. Many will tell you to put any personal items away, such as photographs.
Clear clutter, and consider painting the walls neutral colors. Make small updates as necessary.
4. Obtain Great Photos
Consider hiring a professional photographer to take photos of your home. Many homes are rejected by potential buyers because of poor photos. If you take photos yourself, ensure that each picture is well-lit and showcases your home in its best light.
Home staging could be another option. It’s a great way to potentially increase the price that you’ll receive for your home.
Stage your home to show off its pros. Avoid cluttered areas and clean up your home.
Remove all personal items. Check to see if there’s anywhere you could make affordable upgrades. Touch up paint, update the kitchen appliances, etc.
5. Have Serious Buyers
Before you show the home, have serious buyers only. Ensure that they have the funds necessary before they view the property.
This could be a pre-approval letter from the lender. You’ll want to avoid potential buyers who love the home but then can’t afford it.
6. Have an Attractive Listing
Include keywords (what people search for on Google and other search engines) to attract potential buyers. Ensure that the listing is attention-grabbing.
If you don’t have a realtor, hire a copywriter to write an appealing listing. The listing needs to work on mobile devices. Test it to ensure that it works.
Keep the listing short and highlight the benefits of your home. Include the main features such as the bedrooms, baths, location, square footage, outdoor area, lot size, etc. Don’t embellish information either.
7. Marketing Time
Realtors will market your home and ensure that it’s receiving an audience. You could also pay for ads on social media and tell your family and friends about it.
Encourage family and friends to share your home as well. Research websites that’ll allow you to post your home and consider reaching out to bloggers and influencers in the real estate world.
Use flyers, have for-sale signs, craigslist, virtual tours, and other online venus.
Open houses will allow you to attract potential buyers as well. Plan to have them for at least a couple of hours on the weekend.
This way, more people will be able to view your home. If you have a realtor, allow them to run the open house and show potential buyers the space.
8. Have a Pre-Inspection
Buyers love move-in-ready homes with no upgrades necessary. If they find necessary upgrades in their inspection, they might expect you to pay for them.
If you don’t, they might look elsewhere. Showing a pre-inspection letter will put their minds at ease as well. You could also have add-ons or extras to entice them to buy.
9. Accepting Offers and Counteroffers
Once you receive an offer, you have 72 days to present a counteroffer or accept their offer. Therefore, it can continue to go back and forth for as long as it needs.
Once you’re happy with an offer, your realtor can accept it for you. You’ll have disclosures, the agreement processed, and other contingencies when accepted.
A purchase agreement is legally binding. Therefore ensure that you understand everything before signing it.
- Appliances and fixtures
- Up-front money
- Details of the home
Chicago Homes for Sale: How To Sell Your Home Fast
After exploring this guide on Chicago homes for sale, you should know how to sell your home fast. Consider accepting a cash offer if you want to skip all these steps.
Remember that a realtor will be your best option if you want help with the process. Would you like to read more informative real estate content?
We can help! Be sure to check out our other articles on our site today.