According to Zillow, the average time to sell on the MLS is right around 90 days. In Michigan, that means if you list your home at the beginning of summer, your kids could be back in school before you are able to move on from your old property.
Many people, for various reasons, need to sell faster than that – maybe you need to move because of work or family changes. But doing so can be a bit of a challenge. You have to find the right buyer with the right budget at the right time.
So, how can you increase your chances of selling quickly in Metro Detroit? Here are a few expert tips from us at Mitten Made Properties.
Understand Your Comps
The more accurately priced your home is, the faster it’s going to sell. So it’s worth taking a little bit of time to gain a thorough understanding of your home’s comps… that is, the recent sale price of homes comparable to yours in size, quality, and location. A word to the wise: Some agents will list a home at a higher price to try and put more money in their own pocket, even though this means it will take longer to sell.
End Your Price with “99”
It might seem like a silly sales trick, but it really does work. Ending the price tag on the home’s listing with “99” or “97” is likely to draw more eyes, because buyers focus on the numbers at the start. So, $149,999 registers in a shopper’s brain as less pricey than $150,000 on first glance, even though the difference is only $1.
Focus on Photos
You know that old saying, “A picture is worth a thousand words”? It definitely applies to home listings. In fact, high quality photos are probably the most important element of your home’s MLS listing. Buyers are scrolling through listings like they scroll through social media, and the photos are what catch their attention. So it’s probably worth paying a little extra to get great professional pictures that really highlight your home’s assets and make it look like a million bucks.
Market the Property’s Strengths
In the listing, be sure to talk about the strengths of your property that may not be obvious. Is it in a great school district with safe outdoor space for kids to play? Is it a great home for investors to rent out due to proximity to a university? Is there room for a mother-in-law suite? Talk about that to garner attention!
These are some of the top ways to create an attention-grabbing MLS listing, and we hope this helps get you started!
Of course, there’s another way to sell your Metro Detroit house fast – without the hassle of staging and photographers and real estate agents and open houses – and that’s to a professional homebuyer like Mitten Made Properties. Give us a call at (248) 883-3340. We can make you a fair cash offer on your home as-is, and we can close in as little as 2 weeks.