As Knoxville homebuyers, we often encounter sellers that want to sell their house fast, but they also want to attract multiple offers on the property. As of late, many knoxville home sellers get to experience both! Seller’s markets are those where the seller has an edge. With so many people looking at just a few houses on the market, this might indicate that there are more buyers than sellers.
Attracting Multiple Offers For Your Knoxville Home
Are you tired of thinking, “How can I get multiple offers on My Knoxville, TN home”? If you are, it might be because you know that your property is not up-to-par, or competitive enough to stand out from the rest of the move-in ready or new homes on the market today. You might get offers on your home that low-ball or barely match your asking price, which is always a let-down to you!
As a home seller, you might feel the need to price your home higher to attempt to offset costs such as real estate agent fees, marketing, cleaning and staging, or professional photography costs.
It’s good to note that just because you may have an edge in a seller’s market like this one, does not imply that you are certain to make a large profit when you put your property up for sale. To give yourself the best chance of finding the best deal, it’s still important to collect as many bids as possible.
What’s the point of getting many bids? In a bidding war, you may feel pressured to accept an offer even if you don’t want it. Multiple offers, on the other hand, provide you the opportunity to pick the best one and even to bargain from a position of strength. But, you also need to know how to evaluate multiple offers when you get them! But first, how do we get them?
Hold Open Houses
With an open home, you might get many offers. A well-marketed property is likely to attract a large number of potential buyers in just a short period of time, increasing the number of bids you get at once.
Open houses should be held across two weekends, if possible. Also, don’t forget to promote them on social media. It is possible to target local customers on Facebook at a low cost. Put up a photo of your home on social media and “boost” it so that only people in your neighborhood see it. Because Facebook owns Instagram, it will appear on Facebook’s app as well.
A lower asking price may be a preferable tactic if you want to attract numerous bids, even if you do achieve a high selling price.
This approach is well-known and often used by sellers in Knoxville. Packing a house this manner is normal practice. It’s fine if some people are only there to observe. It’s possible that the beauty of your home may persuade them to buy!
Limit When You Can Accept Offers
If you want to get a lot of offers, you can limit the number of times you accept them. It’s possible to have many bids all at once if you set a deadline for when someone may submit an offer. You have power because of the pressure of the approaching deadline.
Let Your Home Make A Statement
Standing out is another method to get several offers. Make your property stand out from the crowd by enhancing its aesthetic appeal, uniqueness, and marketability. Consider painting the door a striking shade to make it stand out even more. People will remember it this way, and you never know, they could even add their offer to the huge list you already have.
Identify Targeted Buyers
Identifying the ideal buyer for your house and focusing your marketing efforts on them can be a very effective approach to get many bids, but it is often ignored. For example, if you decide that first-time homebuyers in your Knoxville neighborhood are looking for a move-in ready home, you should prepare your house for them and then focus your marketing efforts on them.
Sell Your House To An Investor
One approach to obtain another offer on your property if you’re selling in a seller’s market is to have us make you a cash offer. If you’re lacking substantial offers because you’re sinking time, energy, effort, and your hard earned money into selling your home without luck, it might be time to give us a call!
Sell Your House Fast With All Cash!
Let’s face it, selling a home the traditional way is identical to an obstacle course. If you want to sell your house fast in Knoxville and still get a great cash offer, we may can help. While you may have multiple offers on your house, we could certainly be the next!
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