Steps On How To Sell Your Indianapolis Home Quickly

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Dennis Nottingham
May 29, 2024
10 minutes, 12 seconds
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All sellers have in mind just one thing - how to sell their home at the highest possible price. We are not the only ones trying to sell Indianapolis homes. Each neighborhood has several houses for sale like the one we do. Competition is not always a bad thing, especially if it is healthy.

Let’s do a walk-through…

Take a pen and paper and go outside of the house. Write down everything that you would like to change in your garden. Old baskets should be replaced, chairs repainted and some sprinkles fixed. Take a walk through your home and try to notice all the things that you would otherwise notice if this is your first time visiting this place. We all get used to our living environment, so we no longer see old, rusty, broken things around us that will decrease the overall value of the property even if those things are not going to be sold with the house itself.

To make sure that you are 100% ready before selling your property, here are detailed steps you can consider for a successful home-selling transaction.

Easy Steps To Sell House Fast In Indiana

Investigate The Housing Market

When opting to sell your house quickly while you're in the process of moving, the first thing you should do is research the current real estate market. You have an edge because of this while interacting with buyers and agents. You'll also be able to appropriately adjust your expectations. As you look into it, keep the following in mind:

Cost: How much do comparable homes in your neighborhood sell for? When looking into comparable homes, take into account the neighborhood, the house's age and condition, and other features like restaurants, schools, and other facilities. By calculating the price per square foot of comparable homes that have previously sold, you may determine the worth of your own house.

Time On The Market: You must be aware of how long it typically takes for a house in your community to sell. The amount of time a house is posted for sale until it sells is referred to as its "time on the market." You can better plan for the date of your simultaneous move and sale if you are aware of the market time. 

What Kind Of Market Is It In Your Area: Is it a seller's or a buyer's market? You have to know this because your sales strategy will be influenced by the market type. You would have the most advantages when selling your house in a seller's market. A seller's market may result from a high level of demand and little availability. However, more variables might also be involved. There will be less time on the market and higher housing prices in a seller's market. But there are benefits to a buyer's market as well, given that you are selling as well as moving. Sellers are more eager to sell when the market is in their favor. Additionally, you'll have more wiggle flexibility to bargain for a lower cost.

Schedule An Appraisal And Inspection

The next action you should take is to learn everything you can about your property. You can work out your house's price by working with a real estate agent. You will have an advantage with customers if you have hard data upfront. Additionally, since your agent won't need to do as much legwork, the sale of your home will proceed more quickly. 

Having an appraisal of your home helps you determine a fair price for it. Pre-approved loan buyers will be fully aware of the price range they can afford. Thus, they will find this information to be quite beneficial. Furthermore, having an inspection completed will expedite the negotiation process because buyers—and you—will already be aware of all the issues with the property.

Understand Your Purpose Of Selling Your Home

Knowing your purpose in selling your home will help you decide what you can live without during the selling and purchase process. While sharing this information with your realtor can help them better understand your unique requirements, you should not disclose this information to sellers when you are viewing homes for purchase. It's possible you won't receive the best bargain if they know what you can settle for.

homeowners talking to a real estate agent

Work With The Right Real Estate Agent / Realtor

Make sure the agent you choose is open to listening to you and comprehending what you are looking for. Go with someone knowledgeable about your community and the neighborhood you wish to move in.

Choose What To Fix And Not Fix

Following your assessment, you ought to have a clear understanding of what needs to be fixed and what can wait. Additionally, your agent may assist you in determining which repairs, if any, will yield the best return on your investment. Find out from your agent which repairs will add the most value to the home and which, if skipped, won't have a significant impact on the sale price.

Get Your Home Ready For Sale

Repairs are an integral part of getting your home in Indianapolis ready for sale, and so are interior staging and landscaping. When staging, keep it simple and clutter-free. Anything overly imaginative or detailed could make it harder for your buyers to envision themselves living there; instead, provide them with a blank canvas! Also for unique areas, make sure your furniture is positioned to use every available space. 

Be A Wise Home Seller

Being a wise home seller means:

  • Finding ways on how to advertise your home to attract as many potential buyers as you can. Tip: use well-known websites for house sales, but also think about local ads, social media, and word-of-mouth marketing (tell your friends about it!). Don't let an expression of disinterest stop you from moving on. Continue marketing the home until it sells.
  • Verifying that contracts are complete by carefully reading offers and agreements and asking your representative to clarify any information you don't understand.
  • Providing all relevant information. Nobody likes surprises, especially for something as huge as buying a home. Unless you want to give out some unexpected bonuses, which purchasers would undoubtedly enjoy.
  • Confirming that your potential home buyers are qualified. Save time and effort by entertaining offers from buyers who have been pre-approved by a lender.

Don’t Sign On Your New Home Yet

The timing of selling your old house and purchasing a new one is the most difficult component. Although it is ideal for both closings to occur on the same day or within a few days of one another, this is certainly not always the case. For this reason, we suggest not signing on to your new home until after someone has signed to your previous one. From a financial standpoint, it makes more sense to book a hotel room for a few days or weeks rather than making two mortgage payments at once, etc. If there is no other means to own two residences at the same time, bridge financing is one alternative. 

This might be a lot, especially when it’s your first time selling your home; however, as long as you are working with the right real estate agent, you can make the entire home-selling transaction easier and faster.

Contact us to learn how we can help put property on the market! Call us at 317-316-8224 today!

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