Do you think that selling a house is that fast? Many people have large parcels of land that they cannot sell. The properties keep on accumulating property taxes because the owners can’t afford them anymore. The government can soon take over these properties because the owners fail to pay years’ worth of property taxes. Surely, you don’t want the same thing to happen to you. If you have an old home—an ancestral home, for example—that you want to get rid of, there are several things that you can do.
Sell It to Property Buyers
Property buyers pay in cash. They are a kind of real estate development company that flips a home to sell it for a much higher price. The best thing about property buyers is they buy houses fast. This means that if you need cash right now, these property buyers are your best bet.
To sell your home to a property buyer, you need to fill up a form and submit it to the company. Next, you need to wait for a couple of days to make the proper assessment of the property. It might take longer for some, but that only means they are double-checking everything. Once they have an assessment of your property, they will make an offer. Sometimes, these offers are slightly lower than what you’re going to get from a direct buyer. However, the advantage with property buyers is they are willing to pay in cash, and there’s almost no waiting time.
Drop the Price Significantly
The reason your property isn’t selling is because of the price. No matter how dingy and dilapidated the property is, if it has the right price tag, buyers will pounce on it. One of the best ways to sell a property is to cut the price down. Think 20% off the original price. If you can pull it down by 25% or more. Make sure that potential buyers know you’ve sliced the prices down.
However, make sure that it’s not too cheap to fall under the average price of homes in the market. You should allow it to stay within the market price range because people will think there’s something wrong with your property. Why, of course, will you sell it cheaply if there’s nothing wrong with it?
Add Amenities and Features
What amenities and features do the other houses in the neighborhood have that yours do not have? You can add a deck or refurbish the basement. Make sure not to make expensive improvements because that will force you to pull up the price tag. The point of adding amenities is to sell the house faster. If you’re going to add that to the already hefty price tag, then you’re making it more impossible to sell the property.
What amenities or features does your market wants to see? Check with your real estate agent. Are they looking for a well-furbished attic? Do they want a greenhouse in the backyard? Knowing who your market is will go a long way toward giving them what they are looking for.
Use Social Media
Bringing your property listing to social media is an easy method to sell your home. People no longer look at the digital yellow pages or even property websites. They spend their time on social media. If your listing is not on social media, there’s a good chance that your market will not even be aware of what you are selling.
First, make a listing of your property. Second, take photos of the property. Make sure to use a high-resolution camera so that you can share stunning photos. That will help attract buyers to your property. They would want to check it out.
Finally, share the listing with your social media friends. Social media today has evolved. It’s not only a platform where people communicate. It’s also a platform where people buy and sell things. They use social media for research, too. When people search for products and services, they do it first on Facebook and Instagram before searching for it on Google.
While it is not easy to get rid of a property that fast, it is also not impossible. From selling it to a cash buyer to improving its sellability, there are plenty of things you can do to get your property off the market. A bit of research and marketing know-how will help you shed off those property taxes that have been bugging you for years.