10 Ways to Increase The Number of Offers on Your Home

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Making your Rio Rancho home for sale a hot property is no easy task. Stirring up buzz about your sale is a complex measure homeowners must successfully navigate to experience a smooth and quick close. However, many factors of the home-selling transaction must be considered, from pricing and location to the condition of your home and its featured amenities. 

The good news is there are several tried-and-true tips and tricks sellers can use to boost the appeal of their home and attract more prospects. Typically, the more offers you receive, the better position you'll be in to negotiate a great deal. So how do you get more bids?  Here are ten surprisingly effective ways to get more buyers ready to commit. 

Hire a real estate agent


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One of the easiest ways to increase the number of offers on your home is to hire a real estate agent.  A real estate agent can help you price your home appropriately, market it effectively, and negotiate the best deal. Plus, they already have relationships with buyers in your area and will be able to show your home to those most likely to buy it. Finding an agent that fits well with you can be tricky, but plenty of resources available online can help guide you through the hiring process. Make sure the agent has experience selling homes similar to yours so they know how much time and resources are needed for a successful transaction. 

Use professional photos


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While it seems like common sense, many people need to realize that they're working backward by using amateur photos. First-time buyers are especially affected by this, as they often underestimate the importance of professional pictures when selling their home. To attract more buyers with higher offers, consider hiring a professional photographer to capture your space in the best light. You also want to make sure you use the ideal number of photos when listing your house. Too many images can overwhelm buyers, while not enough can make it challenging for them to experience the full charm of your property. 

Get creative with your marketing strategy


Expanding and fine-tuning your marketing efforts is a great way to maximize the number of offers you receive. If you're trying to sell your home and haven't had any bids yet, the first thing you should do is re-evaluate your entire marketing strategy. You may be relying too heavily on traditional advertising like newspaper ads or need to get more creative with presenting your house to potential buyers. Consumers don't want to see a single listing in their local paper anymore. They want to see various listings in one place where they can easily browse through them and decide which one they want to see in person. So if you haven't already, get on Instagram and start posting pictures of your house with captions about what makes it unique and why people should visit! Similarly, if you're trying to sell a commercial property or condo unit, consider creating a YouTube video that showcases the space's best features.  Then share that video on social media platforms like Facebook, Twitter, or other real estate marketplaces.

Determine the right time to sell 


There’s no one size fits all answer to figuring out the best time to sell a home. The real estate market is constantly changing and varies from city to city, but a little research can point you in the right direction to get more offers. The best time to sell a home is when the number of buyers in the market exceeds the local inventory. In a seller’s market, homeowners have more leverage to negotiate as buyers fight to claim a home. Sellers can ask for top dollar for their property and may even receive multiple offers from competitive prospects. 

Price your listing right the first time


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Buyers love to feel like they’ve scored a good deal. Competitively pricing your home is a sure way to attract more interested prospects and offers. Several metrics should be considered when deciding on the final asking price. First, discover the prices of comparable homes in the area. This will give you a clue as to how the market is responding to these numbers. Second, schedule an appraisal and get an updated home valuation. This figure is a great starting point when deciding on an attractive return. Lastly, consider all renovations that have been or will be made to the property. The proper upgrades can increase your property’s value, allowing you to raise the price tag. 

Don’t skip the curb appeal


If you want to increase the number of offers on your home, you've got to work on its curb appeal. You can't leave the exterior of your house in disarray and expect people to flock to your showings. Instead, take a few minutes daily to ensure that the outside of your house is clean and tidy and that it looks presentable from the street. If you have bushes or other plants around your home, trim them so they don't look overgrown. If there are loose boards or peeling paint on your house's exterior, get these upgrades as soon as possible. If there are any cracks in your driveway or sidewalk, fill them with cement or asphalt patching material. If you take these steps every day before posting your listing or doing open houses, potential buyers will be impressed with what they see even before they enter your home!

Return your home to turn-key conditions


One of the best ways to increase the number of offers on your home is to return it to its turn-key condition. Buyers judge a home on many factors, but one of the most important is whether or not they can envision themselves living there. When you return your home to its original condition, you'll be able to give buyers a blank canvas, giving them a better sense of what living in your home would be like. In turn, this should boost their interest in making an offer.

Upgrade using modern designs


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Today, a modern look will typically help you sell your property faster and for a higher price than traditional designs. This doesn't mean you have to gut your whole house and start over. You can make small changes that will make a significant impact. Hardwood floors, sleek kitchen hardware, and luxe lighting fixtures are just a few in-demand modern elements. Additionally, upgrading with modern designs takes advantage of their ability to make small spaces feel bigger, an essential factor when selling a house.

Host as many showings as possible


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Showing your property is a crucial step in the selling process and allows potential buyers to see your home and get a feel for what it's like. You'll be able to gauge their reactions, and if they seem interested, you can decide whether or not they're likely to make an offer.  If you have any concerns about hosting showings, it's important to know that this step doesn't have to be stressful. It’s actually quite exciting! You can also lean on the support of a notable real estate agent who can help schedule and host your events. 

Be willing to negotiate


If you want to sell your home for the top dollar, You may need to be willing to compromise with buyers if you want to secure more offers. If you're unwilling to make any concessions, you may have very few interested buyers. You can also try offering incentives such as paying some closing costs or giving the buyer a gift card if they close on time.

There are many reasons why a home might not attract any offers. However, the most important thing to remember is that you can't always control what other people think of your home. It's essential to be honest about what you can and can't do to improve the situation.

When you have a clear understanding of your goals and expectations, you can make better decisions about how much time and money should be invested in repairs, renovations, and upgrades. If you want to increase the number of offers on your home, these tips will help give you an advantage over other sellers in the market. If you're interested in Rio Rancho homes for sale, contact Anita Mora today!

*Header photo courtesy of Shutterstock



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