Homeowners in Greenville, South Carolina can expect to sell their home three months after listing their property on the market. On average, it takes 52 days to receive an offer and then a 35-day closing period. But this is just the average: depending on the type of property you’re selling, it can take shorter or longer to receive an offer, while other closing periods can take as long as 45 days.
If you find that your home hasn’t been getting any offers longer than the average waiting time, there could be a number of reasons for this. Either the current real estate market isn’t currently in favor of sellers, or there’s something about your house – like a bad tenant or property damage – that’s deterring potential buyers from making an offer. But here are some tips that can help you sell your house in South Carolina faster.
Hire A Real Estate Agent
If you’ve been selling your house as a For Sale By Owner, you aren’t putting the odds in your favor. When you’re doing your own advertising and marketing, you lack the network and strategies real estate agents have built from selling homes around the South Carolina area. Also, some real estate agents working with buyers choose not to show FSBO homes because of the difficulties of working with a seller that isn’t represented by an experienced agent.
Hiring a real estate agent can give you the boost you need to get your home in the way of potential buyers. However, keep in mind that having a real estate agent isn’t a guarantee that your home will sell, especially in a volatile real estate market. Real estate agents also charge a commission that can eat up around five or six percent of your selling price.
Do Repairs And Renovations Before Listing
If your home is outdated or damaged, you still might get some offers. Houses like these attract house flippers and those looking for damaged properties they can rebuild to their preferences. However, by listing your home as-is, you might be missing out on a bigger chunk of the market consisting of people looking for homes that can move into immediately.
To attract buyers like young couples and growing families, it might be a good idea to repair and renovate your home before having it listed. A good rule of thumb is to spend no more than 10 percent of your home’s value on all renovations, otherwise you’re spending more money than you can hope to regain when you sell. This can also mean spending your own money before you sell, which might not be an option all homeowners have.
Lower Your Home Price
If you decide to sell your home as-is with varying levels of property damage, you aren’t going to get any offers asking for your property’s market value. Keep in mind that the buyer will be the one paying for the repairs to make the home livable, so they’re unlikely to pay the price of a ready-for-occupancy house that needs repairs.
A good way to entice buyers is to lower the price of your home significantly. This can help you get more offers, but keep in mind that you may be selling at a loss depending on your equity.
Sell To A Professional Home Buyer!
Want to sell your home in a fraction of the time and for a fair price? Your best option is to sell to a professional home buyer like Sell My House Fast – Greenville, Spartanburg, Anderson, Pickles. We buy houses in Greenville for fair cash offers and are a reliable option for homeowners looking to sell their home with a short turnaround time.
We can schedule a property viewing to assess the property and then offer a fair cash price within 24 hours or less. If you accept, we can begin the closing process and transfer your money in as little as 14 days. Compared to the average waiting time of nearly three months, we can close on your property in a fraction of that time – and for a fair price.
Need More Information?
There are a number of reasons your home might not be getting good offers on the real estate market. If you want to shorten the selling time and get a fair price on your home, your best solution is to sell to a professional home buyer like Sell My House Fast – Greenville, Spartanburg, Anderson, Pickles.
Contact us today to schedule a property viewing.
