Posted on: 25 July 2017
If your house has been listed for several months and nothing is happening with the sale, it might be time to make some adjustments to your listing. While many homeowners feel that dropping the price is the best and only option, there are actually other options that can work well in this situation. One option is to offer incentives to buyers, and here are some tips to consider if you want to utilize this strategy.
Offer to make improvements in the home
One type of incentive you could offer to buyers is an offer to make some type of improvement to the home. If a lot of people viewing the home complain about a certain feature, either fix this problem or offer to fix it for the buyer. You could write this offer in your home's listing to inform potential buyers that you are willing to either compensate them for the repairs the house needs or that you will make the improvement when you receive an offer on your house.
Offer money towards closing costs
A second good option is to offer to pay some of the buyer's closing costs. Money talks in life, and making this type of offer can encourage people to take a closer look at your house. Closing costs can be expensive for buyers, and you can offer as much or as little as you like. If you want this incentive to make an impact on the sale of your home, you may want to consider offering at least $2,000 or $3,000 towards closing costs. This amount is significant for closing costs, and it could help you sell your house.
Offer a one-year home warranty on the home
One other thing you can do is offer a home warranty on your house for one year. This offer gives the buyer a sense of security when purchasing your home because the buyer would know that you would cover the costs of any necessary repairs needed during the first year after buying your house. This incentive also shows buyers that you are confident that your house is in good condition and that the buyer would most likely not experience an types of problems with your house.
These are three good incentives to consider offering if you are having trouble selling your house. To learn more about incentives and other ways to sell your home, contact a real estate agent today.Share