The real estate market is going quite fast these days, but several homeowners do find creative ways to speed up and facilitate the process.
These shortcuts help the seller in closing the deal much faster than one believed possible. Whether one is relocating, downscaling, or just trying to move on, there is probably a quick fix for them out there.
In this article, we will highlight some of the best ways homeowners in St. Louis are using to sell their houses fast.
Price Your Home Right for St. Louis Buyers
The best way to sell a house is to price it right. St. Louis is a city full of different neighborhoods, each with its own tendencies in terms of real estate. There are the highly sought-after spots: Central West End. Then there are the affordable regions, such as South City.
According to Redfin, the Central West End, has a median home price of $355,000. It’s also close to Forest Park, home to the St. Louis Zoo, and popular spots like Evangeline’s Bistro and Blue Strawberry.
To sell your home fast, do some research on recent sales in your neighborhood. Pricing too high can leave your home sitting on the market, while a competitive price can attract buyers quickly. Working with a local real estate agent can give you insights into what buyers are currently looking for.
How Inflation Affects Home Prices
Inflation inflates the value of homes, but it also potentially makes them further out of reach of potential buyers. Keeping abreast of the economic trend helps you determine whether increasing your asking price makes sense in the existing market scenario.
Sell for Cash: A Popular Option in St. Louis
Instead, most people in St. Louis are heading toward cash buyers in order to sell their homes instantly. This does away with the headache of waiting for mortgage approvals, house inspections, or extended negotiations. In fact, this is what certain investors and companies in Tower Grove and Dutchtown seek; since they normally buy properties with cash, the process is significantly faster.
Tower Grove, known for its duplexes and converted homes, is a hot spot for investors looking to make quick deals. St. Louis Neighborhood Guide notes that demand in this area is driven by its lively community and great location.
When working with cash buyers, it’s smart to use local professionals who know the market. They can help you avoid pitfalls, such as lowball offers or hidden fees. Be sure to check that the buyer’s proof of funds is legitimate and that the purchase agreement is clear and straightforward.
If you’re ready to move forward, sell your St. Louis house fast with Doctor Home today! Again partnering with local experts helps you avoid common pitfalls, like lowball offers and hidden fees.
Real Estate Tech Tools Are Changing the Game
Technologies continue to improve and try to put sparks in selling houses faster in St Louis, offering virtual house trips to prospective buyers. Almost every other luxury neighborhood boasts the virtual house-selling facility both in Chesterfield and Clayton that makes interested people visit, see and notice your desirable house without being there personally.
The ability to list homes and reach more buyers is also incredibly easy with online tools. Indeed, other social media platforms, like Facebook Marketplace, allow sellers to connect with people in their locality. According to the National Association of Realtors, 87% of real estate agents use Facebook for marketing, while 29% get up to 10% of their business from social media.
Agents also use technology to analyze market data and make smarter offers to help sellers find serious buyers quicker.
Work With Experienced St. Louis Agents
Having a knowledgeable real estate agent is a huge advantage when selling your home in St. Louis. Agents who specialize in neighborhoods like Lafayette Square or Webster Groves understand the local market and what buyers are looking for.
A good agent will create a marketing plan specific to your home’s location and features. They can access networks through which it is easy to find the qualified buyers. Agents with local expertise can also help you take advantage of unique trends in St. Louis, such as interest in homes near Forest Park that is usually up during the spring season.
An experienced agent will also be in a better position to negotiate the best offer for you and ensure that you get the right value from your house.
