Published May 17, 2023
5 Tips to Sell Your MN Home Faster
Selling a home isn't always a fun experience. Even if you're excited about the new home you'll be moving into, getting your current house sold can be a taxing process. It's especially frustrating when a house sits on the market for weeks or even months without getting any good offers. If you want to sell your home in Minnesota as quickly as possible, here are a few tips to help make that happen.
How to Sell Your Home as Quickly as Possible
Work With a Realtor - Some home sellers make the mistake of assuming that they'll be able to sell faster if they don't have to bring a realtor in the mix. Actually, homes listed by real estate agents tend to sell much faster than those that don't. Professional real estate agents are experts on Minnesota's housing market who know all the right tricks to make your home stand out to buyers and sell quickly. Realtors also have numerous connections in the real estate industry that allow them to raise more awareness about your for-sale home than you ever could on your own.
Pick the Right Price - When planning to list your home for sale, talk to your realtor to learn how much your home is worth. Minnesota is a seller's market but that doesn't mean you can get away with selling your home for $100,000 more than it's worth. If you're willing to sacrifice a little money, put your home on the market for slightly less than what it's valued at. This is likely to attract more buyer attention and avoid a long negotiating process. Even just selling your home for $499,000 instead of $500,000 is enough to catch buyers' attention.
Stage Your House - You may balk at the idea of paying someone to stage your house, but it's actually a great investment. A study conducted by the National Association of Realtors found that professionally staged homes sell 88% faster and for 20% more money than homes that aren't staged. Your real estate agent should be able to bring in a reliable home stager in Minnesota to help you stage your home for open house events and private showings.
Make Minor Repairs - Major home repairs, such as replacing your roof, may be too time-consuming and too expensive if you want to sell your home faster in Minnesota. However, making smaller repairs that can be performed quickly and cheaply is a good way to win over buyers. Fixing door hinges, repairing pipe leaks, and removing stains from floors are good examples of minor repairs that can help your home sell more quickly.
Be Open to Negotiation - When selling a home on a short timeline, it's a good idea to be more agreeable to negotiating with sellers. For example, if a seller makes an offer that's slightly below your asking price and you haven't gotten a better offer after a few days, you might just want to accept; trying to get a few thousand more dollars out of the seller could cause them to walk away. Also, if a seller asks you to cover all closing costs or pay for a home inspection, agreeing to do so will allow for a faster close on the sale.
Sell Your Home Fast With a Good Realtor
If you're looking for a quick and easy home sale, it's time to partner with a trusted local real estate agent. Contact the Chris Fritch Team with eXp Realty today if you'd like to start working with our realtors to sell your home in the Twin Cities metro area!
