The housing market has been slowing down this 2022. In fact, US home sales in September dropped for the eighth straight month. For Cincinnati homes for sale, they take an average of 39 days before it gets an offer. If you want to sell your home in Cincinnati faster than that, you need to go the extra mile to beat other Cincinnati houses for sale near you.
In this article, we’ll guide you on how to make sure your home stands out against your competition if you are planning to list it on the market. We’ll also explore other options that you can take so you can sell your home faster than the average period. We buy houses in Cincinnati Ohio for years and have the expertise and experience to help anyone who wants to sell a house in Cincinnati easily and fast.
How to beat other homes for sale in Cincinnati
- Draw potential buyers with a nice curb appeal
Not everything you invest into making your house look good can guarantee ROI. But when you invest in landscaping and put extra effort into your curb appeal study shows that it can increase perceived home value by 5 to 11 percent.
Potential buyers are more interested to look inside if they like what they see on the outside. You want them to have a good first impression of your home. Boosting your curb appeal will definitely give you an edge over other Cincinnati homes for sale near your property.
- Beat your competition through staging
Some sellers may find staging expensive and unnecessary. But if you want to stand out against other homes for sale in Cincinnati and sell your home faster, staging can make a whole lot of difference. According to the National Association of REALTORS 2021 Profile of Home Staging, 82% of agents of home buyers said that staging helped their clients visualize the property as their home.
A recent survey done by the International Association of Home Staging Professionals reveals that staging helps sell houses three to 30 times quicker than houses that weren’t staged. Moreover, staging can help boost the sale price by up to 20 percent.
The numbers are not surprising since staging gets you better listing photos as well as a better impression when people walk into your home during a showing. If other homes for sale in your Cincinnati neighborhood have similar floor plans and finishes as yours, staging can make your space look larger and highlight your home’s best features.
Staging can’t guarantee anyone can get the fastest way to sell a house but it can definitely help you sell faster than others.
- Set the right price
Pricing can make a difference in whether or not your property will be among the Cincinnati homes for sale that sit on the market for a long time. Overpricing can hurt your chances of selling your house faster. In a hot market like Cincinnati, if you overprice and your property sits on the market longer than others, people will start to wonder if something might be wrong with it.
On the other hand, if you set the right price you can get ahead of other Cincinnati houses for sale near your property. One strategy that some agents recommend is setting a slightly lower price to drive interest and fast action from buyers. A study found that just below pricing strategy yields the highest transaction price relative to the true underlying home value.
Pricing can be a little bit tricky. You also don’t want to price it too low because it will raise red flags. You no longer have to think about that when you sell your home to us. We buy houses in Cincinnati at a fair price.
- Highlight your property’s best features
Your property will have specific features that will attract buyers. Whether you are doing it FSBO or working with an agent, see to it that those features are showcased. For instance, if you have recently updated your kitchen make sure to highlight that in your listing. If your home is located near good schools, make sure to mention it.
Keep in mind though that if ever you want to showcase a feature such as a swimming pool or a deck. Make sure they are in top shape. If not, consider giving it a facelift. Showcasing your home’s best features can give you an edge against other Cincinnati homes for sale near you.
How to sell your home faster than your neighbors without spending money
Boosting your curb appeal and staging your home, not to mention hiring a professional photographer to take high-quality pictures of your property, can definitely get you above your competition. But that also means you need to spend a considerable amount of money.
There are many ways to boost your curb appeal so the cost of doing it also varies. To repaint the exterior of a 1,500-square-ft home, prepare to pay around $5,000. To hire a professional to do your landscape on your front yard, expect to pay between $4,000 and $6,000. But if you are on a budget, you can simply pay for clean-up services which include weeding, shrub trimming, and the like, costing $65 to $750. If you have a rake and lawn mower, you can do it on your own.
Spending money for the services mentioned above does not guarantee that you can sell your house faster than other Cincinnati homes for sale. If you are looking for the fastest way to sell a house without spending a dime, sell your home to legitimate local house buyers, Matt and Mitch Painter. We buy houses in Cincinnati Ohio. Get an offer for your home today, submit your info below.