How to Sell an Arlington VA House Fast in a Slow Market
October 2, 2022
October 2, 2022
The housing market is slowing considerably in Virginia. Earlier this summer, home sales were down nearly 20 percent from the year before. This was the sharpest decline in more than two years. Still, there are plenty of people looking for homes, and the market is still favoring sellers. But this can flip at any time, which we’re already seeing in other parts of the country.
If you’re planning to sell your Arlington VA house in the near future, you could be working with a limited buyer pool. Winter is coming, house prices are soaring and interest rates are increasing. This is forcing many people to pause their home search. And, if your house isn’t in perfect, move-in ready condition, this can make it even more difficult to sell.
To help you prepare, here are our best tips for selling a Virginia house in a slow market.
Price the House Just Right
The key to selling any house in a slow market is pricing it just right. While you want to get the best price for your property, setting the price lower will drive in more traffic and help you sell your house faster. To determine what to price your house at, you’ll have to do some research. Look at what comparable homes in your area have sold for and use this as a benchmark.
Sweeten the Deal
Anything that you can do to incentivize potential buyers can help you sell your property faster. As a seller in a slow market, it’s your job to make sure that buyers feel like they’re getting the best deal. So, think about some of the ways you can make the deal sweeter, such as by covering some closing costs or offering a home warranty.
Make Sure Your Home is Always Show-Ready
Another way to make sure you don’t miss out on any potential sales is by making sure that your house is always ready for a showing. Keep it clean and picked up, and be flexible with showing times. This way, you can be sure that everyone who wants to see the house has the opportunity to do so.
Ensure Your House is Move-In Ready
Your Arlington VA home should also be move-in ready. People don’t want to buy a house and then have to put a bunch of work into it. This is especially true in a buyer’s market when there are more houses than buyers. Address issues with the property and consider making improvements, such as replacing the carpet or repainting the walls.
Optimize Your Online Listing
Many people start their search for houses online, so make sure you have a great digital footprint. This includes a staged home with professional photographs, an interactive video tour and a detailed description of your property and its area. If you’re still not getting traction, you may need to enhance your marketing with an open house or paid advertising.
Want to Sell Your Arlington VA House Fast? Sell it for Cash!
If these suggestions don’t make sense for you, consider selling your house for cash! Not everyone has the time or money to fix up a house, pay for staging, pick up closing costs, cover realtor commissions and more – and that’s okay! 4 Brothers Buy Houses will pay cash for your Arlington property, and we’ll buy it in as-is condition. Contact us today for your free cash offer.