If you're selling your home but you just can't find the right buyer—or any buyer—don't give up hope. When it comes to selling in a buyer's market, you need to use every trick in the book to get your home sold. Once you've taken care of the curb appeal factor and invested in professional staging services, there are still some things you can do to sweeten the pot and bring in the buyers. Here are three incentives you can add to help get your home sold quickly.
Offer a Home Warranty
If you have an older home, prospective buyers might be worried about the repair costs, especially when it comes to those big-ticket items. To help alleviate some of the worries, offer a generous home warranty plan. Providing a home warranty plan will ensure that any repairs that need to be taken care of will be covered without any out-of-pocket worries for the new home owners. This is particularly important when it comes to things like your HVAC system or outdated plumbing.
Provide Financing Assistance
It's not easy finding buyers who are ready for financing. Unfortunately, lack of down payment, credit blemishes, or a weak employment history can make financing difficult to obtain for many prospective home buyers. One way to bring in a good buyer is to provide financing assistance. You can do that with a variety of options, including lease-to-buy options, down-payment assistance, or owner financing, or you could even offer to pay for additional points to help reduce the interest rates.
Spring for a Whole-House Inspection
When it comes to buying a pre-existing home, prospective buyers want to know that they're getting their money's worth. They also want to make sure that they're not purchasing existing headaches. One way to alleviate the concerns of prospective buyers is to provide a whole-house inspection. Your inspection should include all operating systems for your home, including plumbing and electrical. Once your home passes the inspection, prospective buyers will know that they're making a sound investment.
Throw in the Appliances
If you've got upgraded appliances in your home, add them in as an incentive for prospective buyers. This is an excellent incentive when trying to entice the first-time home buyer. Renters usually don't have their own kitchen appliances, which means they'll need to make an initial investment once they purchase their first home—which is additional funds they'll need to come up with. Including the appliances as part of the package deal is a great way to bring in the right buyer.Share