Wondering how to sell your Colorado Springs house fast for market value? To get market value for your house, you’ll need to understand the market conditions, the unique selling points of your home, and how to attract buyer interest.
In this post, Barb Schlinker and our realtors at Your Home Sold Guaranteed Realty - Barb Has the Buyers Team will share five essential steps to follow if you want to sell your home fast and for its market value price.
Key Takeaways
- In recent months, the median sale price of available homes was $429,000, marking a 2.3% increase compared to a year prior.
- If you want to sell your house fast for market value, you’ll need to price it correctly from the start. Pricing too high will deter buyers and cause your home to end up lingering on the market.
- The key to selling your home fast is to make sure it’s presentable and move-in ready. Take the time to enhance the property’s curb appeal and create a positive first impression for buyers.
How to Sell Your House Fast For Market Value – 5 Steps For Success
Understand the Local Market
In Colorado Springs, the housing market is very competitive. In recent months, the median sale price of available homes was $429,000, marking a 2.3% increase compared to a year prior. The average price per square foot was around $213.
Typically, homes stay on the market for about 54 days before finding a buyer, often selling for 0.9% less than the initial asking price. In addition, 24.5% of homes sell above their listing price, while 26% undergo a price reduction after being listed.
Determine Your Home’s Market Value
To determine your home’s market value, it’s best to work with an experienced realtor. A realtor will use multiple methods to figure out how much your home is worth in the current market. Three of the most commonly used methods are:
- Comparative Market Analysis (CMA): CMAs involve analyzing recently sold properties that are similar to yours in terms of location, size, age, condition, and amenities.
- Professional Appraisal: Appraisers analyze recent comparable sales, evaluate your property’s characteristics, and research market trends to determine the exact amount your home is worth in the current market.
- Online Valuation Tools: Many real estate websites like Zillow, Redfin, and Realtor.com offer online home value estimators. However, these should only be used as a starting point to provide a rough estimate of your home’s value.
Set a Fair Asking Price
If you want to sell your house fast for market value, you’ll need to price it correctly from the start. Pricing too high will deter buyers and cause your home to end up lingering on the market. The more time your home is on the market, the more likely you’ll need to lower the asking price and potentially risk selling it for less than market value.
Make Your Home Move-in Ready
The key to selling your home fast is to make sure it’s presentable and move-in ready. Take the time to enhance the property’s curb appeal and create a positive first impression for buyers. In addition, hire a professional home stager to maximize each room, emphasize natural lighting, and highlight the unique features of the home.
Attract Buyer Interest
Once your home is move-in ready and you’ve determined a fair asking price, start marketing it to buyers. Invest in a professional photographer to capture high-quality photos and videos of your home for your listing, and consider making a virtual tour.
Then, advertise your listing online on real estate websites and social media. Of course, non-digital strategies are also highly effective. This includes putting up signs and flyers around your community, using direct mail, and placing ads in local newspapers.
As you start to get interest from buyers, make sure your showing schedule is flexible and able to accommodate buyers’ schedules. This ensures that the largest number of buyers is easily able to view your home.
Barb Schlinker Can Help You Get Market Value For Your Home
If you want to get market value for your home, you’ll need to work with a realtor who has an in-depth understanding of the local market and pricing trends. If you’re looking to sell in Colorado Springs, look no further than Barb Schlinker and Your Home Sold Guaranteed Realty - Barb Has the Buyers Team.
With 30+ years of real estate experience, our real estate team has handled many cash sales and knows exactly how to reach cash buyers. Our extensive database has over 27,000 pre-qualified home buyers, including cash home buyers. With this database, we can match you up with an interested cash buyer almost instantly.
On top of our experience and resources, we also offer seller guarantees to protect your interests, like our Guaranteed Sale Program and Guaranteed Cash Offer Program. Want to learn more? Call the best realtor in Colorado Springs at 719-301-1802 and get ready to start packing!
To Discuss Your Home Sale or Purchase, Call or Text Today and Start Packing!