In today’s housing market sellers incentive in a down economy is critical. A seller needs to compete with brand new houses and an over saturated market. Buyers have the upper hand and feel that they have plenty of time to look at other homes to make an informed decision on which house best suits their needs. With a little research and work on a sellers part they will be able to stand out among the rest. Sellers can offer buyers many incentives to help sell their home.
Offer the buyers upgrades on the property. When a buyer is looking at a property and they see outdated homes they quickly get cooled feet. The best way to keep the buyer interested is to offer them upgrades that they can choose. Money towards paint, carpet, and landscaping are all very appealing to the buyer especially if your property is priced to sell. A buyer will be able to personalize the home and make it their own. It will also save you the seller a lot of hassle of having to put in new landscaping or painting the house yourself.
Most buyers in this market will also expect help from the seller with the closing cost. A seller doesn’t have to pay all the closing cost, but offering the buyer a firm amount on the closing cost will give you the edge and make your property more desirable compared to a seller that is not willing the help with closing cost. Home warranties are also a very helpful incentive to buyers. A buyer will feel more comfortable with buying a home that is covered by a home warranty then one that is not. Even if the property is new it still can help sell a home.
Everyone knows that kitchens sell homes. If your property has outdated appliances offering the seller to pick out new appliances to install in the house is a great way to help sell a property. Offer a dollar amount on appliances and let the buyers pick and choose. This is a popular and effective way to get buyers interested in your property.