Selling your house in a flooded market can feel challenging. When an abundance of properties are listed, it can be difficult to stand out among the crowd. Everyone is trying to sell right now and cash in on the gains made in equity due to rising home prices and low-interest rates on their next home. Additionally, as the rise in unemployment steadily increases and mortgage forbearance comes to an end, more housing will be coming online. Eventually, this will lead to a correction in housing values as supply begins to outpace demand. Read on to learn these five ways to sell your Martinsburg house in a flooded market.
Staging
Anything that does not add to the home’s appeal can be cataloged as clutter and should be removed. This includes personal photos, kids’ artwork, and sports equipment. It is especially important to remove any family legal documents such as wills or insurance policies; these papers can convey a dark and foreboding tone to your potential buyers.
Organizing and decluttering one’s home offers more than just a fresh, clean appearance: it also provides an open canvas for staging ideas. Buying furniture, new paint colors and accessories costs nothing but time while offering great returns in terms of increased value when it comes time to sell your Martinsburg property.
Owner Financing
Offering perspective buyers the added bonus of owner financing is a creative way to sell your Martinsburg house in a flooded market. This usually involves a large down payment and a contract with a specified period, usually shorter than conventional loans. Typically the purchase price of the home can be set above the current market value, because the price is being set at the agreed-upon price now, for a purchase in the future. This type of financing usually carries a higher interest rate as well. Should the buyer default, the seller will keep all the monies collected to date, because you retain full ownership of the property until the completion of the contract.
Advanced Marketing
Using advanced marketing techniques is another way to sell your Martinsburg house in a flooded market. Because so many homeowners now advertise on the internet, you’ll need to ensure that you take advantage of the top-rated sites and pay for more exposure, skipping the flooded sites that list homes without charge. Additionally, to compete, invest in professional photography for an outstanding image gallery, as well as providing 360-degree virtual tours filmed by professional drone pilots.
Networking
While networking can take time, it’s a great way to sell your Martinsburg house in a flooded market. You’ll want to be certain to make connections with buyers through professionals in the real estate industry. By surrounding yourself with a great team, you can instantly increase your contacts. There are also very active investment clubs with both virtual and in person meetings scheduled regularly. You might also want to consider attending conventions and social media meetings to build your network as well.
Sell Directly to MDWVHomebuyer.com
Wary of the possibility of your house lingering on the market? Whether you list your home on your own or sell with a real estate agent, there is no guarantee of if or when your house will ever close. With so many properties listed, the quickest and easiest way to sell your Martinsburg house in a flooded market is to sell directly to MDWVHomebuyer.com. Why lose time waiting for a closing that never happens because your buyer’s financing falls through, while you continue pouring more money into your property? Do you dread the headaches and hassles of the showing process? If you are finding yourself facing time restrictions, don’t want to invest even more into your property, or just want to simplify the process of selling your Martinsburg house, send us a message call 304-758-3119 today!