When selling a home, sometimes you want to get it off the market as quickly as possible.
If speed is what you’re looking for with a sale, you need to throw in some home buyer incentives that will intrigue the buyer. In doing this, you’ll most likely get your wish, and will get a return on your investment sooner than later.
To this end, keep reading so that you can figure out which incentives matter the most.
1. Negotiate on the Repairs and Upgrades You Make
Don’t be so rigid when it comes to figuring out the changes that you can make to a property. Sometimes sellers get so caught up in closing the deal, that they balk at making some easy improvements that don’t take much time or effort, but can turn a “no” into a “yes”.
Maybe your buyer wants you to remove a tree, fix up a driveway or swap out a paint color before they buy the house.
Weigh the cost and time of the repair to decide if it’s worth it. If it doesn’t cause you to take too much of a hit, make your buyer happy by handling the upgrade.
2. Knock the Price Down
Of course, nothing incentivizes a buyer like reducing the price.
When you take the price down a couple notches, you can always expect for the home to sell much quicker. Keep it within reason and make sure that you’re still earning a great profit.
3. Offer to Waive the Closing Costs
Many people’s enthusiasm comes to a screeching halt when it’s time to handle closing costs. It’s the last step before you get the keys and the deed, and get to call the property your own.
These closing costs account for a lot of expenditures, including insurance, title fees, taxes and more.
Closing costs are necessary but can become tedious. Offering to take care of it for the buyer can win you a lot of points.
4. Add Some Creative Home Buyer Incentives to Sweeten the Pot
Really, the sky is the limit when it comes to what you can offer your buyer. Think about things that every buyer might enjoy.
For instance, what homeowner wouldn’t enjoy a year of free cleaning services after the deal closes?
You can find a maid service and cover the cost, and this may incentivize the buyer to jump on the offer.
There are also several incentives you can offer that have absolutely nothing to do with the home. For example, offering things like a year gym or sauna membership, a new grill, or access to the local country club can be a great idea.
5. Include Some Furniture Options
Buying furniture is always the next step when someone buys a home.
Offering to furnish a room in the home can be a huge incentive. Set a budget and let your homebuyer pick it, so you can take care of the rest.
Consider These Incentives When Selling Your Home
These home buyer incentives are excellent when you are looking to make a sell. The sky is the limit, so always do your research.
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