How to Price Your Home to Sell Quickly: 8 Tips For a Fast Offer
When it comes to selling a house, many homeowners hope for a quick, easy sale. But sometimes a situation pops up that creates even more urgency — such as a job offer in another state or a family emergency, and suddenly you need to sell your house fast.
If this is where you’re currently finding yourself, there’s something important you should keep in mind: pricing your home to sell quickly doesn’t have to result in a lower offer than you deserve. Read on for eight tactics that will help you secure a fast, fair offer.
1. Start with a home value estimate
Before you put your house on the market and start considering offers, you first need to decide on the correct listing price. Home values have experienced turbulent changes these last few years, seeing a surge of 54% since 2019. The National Association of Realtors’ recent data showed that existing home values in the United States increased by 4.2% from a year ago. Notably, all four U.S. regions registered price increases across all housing types, namely single-family homes, condos, and co-ops.
With growth happening at a rapid rate, you’ll want to stay up to speed on the latest value estimates for your house.
A good place to start is a free automated valuation model (AVM) tool, such as HomeLight’s Home Value Estimator. By analyzing recent sales transactions, local market trends, and the general condition of your home, you’ll receive a preliminary home value estimate range for your property.