Incentives To Offer When Selling A House
If you want to find a buyer quickly for your home, you will need to find ways to set your house apart from others. To accomplish this, your real estate agent might recommend several things. One thing is to offer incentives, or perks, to the person who buys your property. An incentive is an extra item you provide in the deal that a seller would not typically include. Here are some incentives your home-selling Realtor might suggest that you offer.
You do not have to provide a warranty with your house, but offering one is an incredible benefit to the person who buys your home. A home warranty is like an insurance package for your home. Instead of covering the structure of the house, though, it covers the systems and appliances. You can purchase a yearly warranty package for a few hundred dollars, and doing so will give the buyer peace of mind in the deal.
Cash for Closing Costs
Two, money talks in real estate transactions. Therefore, a great incentive to offer is some cash for closing costs. Closing costs on a home transaction can add up to thousands of dollars. If you offer to pay $2,000 or more towards these, it will save the buyer money. Buyers love finding offers like this, so this perk could help you sell faster.
Pay for Points on the Buyer's Loan
Another option is to offer to pay for points on the buyer's mortgage. Buying a point reduces the interest rate on a mortgage, but points cost a lot. If you pay for the points, the buyer will save money on interest charges. Offering this perk is an incentive that most buyers would appreciate.
Services Related to Your Profession
You could also consider offering something else as an incentive. For example, do you own a greenhouse? If so, extend a $500 gift certificate for your shop to the buyer of your home. If you work as a chiropractor, offer three free adjustments. You can offer any product or service as a perk when you create your home listing.
When people see perks with home listings, it may pique their interest in your property. The result is that you might sell your house faster. Are you interested in offering extras like this? If so, talk to your home-selling Realtor to acquire more ideas to consider using in your real estate listing.