Todd NesnickFrom its stunning outdoor scenery to bustling nightlife, Austin, Texas, is one of the top places in the country to live. But even though people want to move to Austin, selling your home in Austin will take a lot of work. Home sales in Austin have slowed by nearly 50%, and home prices have declined. If you need to sell your house fast in Austin, Texas, you must be creative and think outside the traditional home-selling model. Here are the five best ways to sell your home fast in Austin, Texas.
Enlist a professional
Yes, you could try to sell your Austin, Texas, house without the help of a real estate agent, but chances are you would have a much more difficult time with the process. Real estate agents can help sell your house fast by:
- Running comps to see what similar homes in your area have sold for
- Finding and marketing to your target audience
- Assist and provide insight into repairs, changes, and upgrades to attract more buyers
- Marketing on social media, online, email, and in person
- Help you avoid hidden home selling costs
A real estate agent has multiple contacts and knows the area you are listing. This makes them a valuable asset to selling your home. Take your time choosing a real estate agent. Please do your research, ask for recommendations, and have a meeting with them before you commit.
Price to sell
When homes leave the market just as quickly as they are listed, there is little risk of driving away a buyer by pricing a few thousand over market value. But if you are trying to sell in today’s market, you need to have your pricing strategy on point. Your real estate agent will conduct a comparative market analysis (CMA) on your home. This data will show the selling price of comparable homes in your area and help you choose the best price for your home. In addition to pricing correctly from the start, you must be prepared to adjust your price. Whether to draw in more buyers or negotiate with a specific buyer, changing your sale price is a necessary part of selling your home quickly.
Do the necessary repairs
When you finally find an interested buyer and move on to negotiations, the last thing you want is necessary repairs to slow down the selling process. Ensure there are no surprises for you or the buyer by having a pre-listing inspection. A pre-listing check will turn up any repairs that may affect the price or sale of your home. You can determine the necessary repairs once you have your pre-listing inspection result. As a general rule, any items that affect the home’s foundation, structural integrity, or safety need to be completed before listing. These include:
- Foundation damage
- Termites
- HVAC system
- Mold
- Water damage
- Roof Repair
- Upgrade mailbox design using Hardie Boys
Consider a cash buyer
If you are very short on time, your house needs severe repair or upgrading, or you do not want to put the time into selling your home, you can choose to go with an iBuyer. IBuyers are companies that purchase a house with cash based on data you provide over the Internet. Cash buyers such as HomeLight’s Simple Sale give a cash offer within a week and close in as little as ten days. This platform removes the hassle of cleaning, repairing, decluttering, updating, and showing your home and is perfect for individuals in a severe selling time crunch.
Be flexible
The housing market is moving more slowly than it was a couple of years ago, and there is no indication that it will speed up shortly. This means you will need to practice a lot of patience and flexibility if you want to sell quickly. Selling may require price decreases, changes in your home’s staging, several showings, and more than a few negotiations.
Selling your home quickly in Austin, Texas, is still very possible. With the help of a top real estate agent, you have a better chance of selling quickly and for a great price. But it would help if you remembered to remain flexible and patient. If you are in a severe time crunch, check out an iBuyer like HomeLight’s Simple Sale, where you can sell your home quickly and without hassle.