Timing is everything, especially when you’re trying to sell your home fast and for top dollar. While timing the market perfectly depends on a variety of factors related to your location and local market, there are a few general guidelines. For example, listing your home in the spring will have the best results almost across the board.
A local, experienced real estate agent can help you expedite your sale and get a great price by knowing exactly when to list your home in your particular market. They also provide guidance on other factors to help your home sell, like which repairs to make and how to stage your home.
How Long Does It Take to Sell a House in Nebraska?
In Nebraska, homes on the market don’t last long! In fact, homes sell faster than almost any other state in the U.S. According to Redfin, homes in Nebraska are listed for just 17 days before the seller accepts an offer, on average. This is likely due to the low cost of living (including housing) and the steady growth of the two largest cities in the state — Omaha and Lincoln.
Since it typically takes between 30 and 40 days after an offer is accepted to actually close on a home, expect to have the whole process wrapped up in under two months in Nebraska. Demand is high, and inventory is lacking. However, keep in mind that if you live in a more rural area, you may not sell your home quite as fast, as there is less demand and a smaller potential buyer pool.
What’s the Fastest Month to Sell a House in Nebraska?
June is the best month to sell a home in Nebraska, followed closely by May and July. Homes listed during these months typically last just 10 days or less. Not only will you sell your home the fastest during these months at the end of spring and beginning of summer, you’ll get top dollar.
This comes to no surprise to anyone living in Nebraska, who enjoy all four seasons. No one wants to move in the dead of winter, when temps are below freezing, and snow and ice could delay your plans. And, good luck getting anyone in the state to tear themselves away from fall football games to visit your open house. While listing time isn’t terrible in the winter in Nebraska (still averaging just 28 days on the market), spring and summer rule for home sales and open house attendance.
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What’s the Most Profitable Month to Sell a Home in Nebraska?
The ideal time to sell your home in Nebraska is a no brainer. The best months for a fast sale (May, June, and July) are also the best months for the most profitable sale. On average, you’ll get about 10% more for your home by listing in early summer over the dead of winter. By listing in June or July, you’ll sell for almost 15% more over listing in January! Home sell for an average of $205,000 during these two months.
5 Things You Can Do to Sell Your Nebraska Home Faster (and for More)
Price Your Home Competitively
Regardless of the season, the biggest mistake those selling their home can make is listing it for the wrong price — either much higher or much lower than market value. This can easily be avoided by enlisting the help of a real estate agent that can perform a comparative market analysis (CMA) to give you an idea of recent selling prices of other similar homes in the area. The National Association of Realtors (NAR) suggests that sellers who work with agents get 33% more on their final selling price.
Many of those who list “for sale by owner” price their home too high. This may be because they are too personally attached to the home and would be better served by using an outside party, like an agent, to more accurately assess the best listing price.
Listing too high automatically excludes a group of home buyers looking in a certain price range. If a potential buyer does happen to come across your listing and deems it too high based on other similar homes, it may raise a red flag and signal to them that you won’t be willing to negotiate to a price more on trend with the market. Plus, once homes in Nebraska sit on the market for much time at all, buyers begin to wonder if there are defects or other reasons for the delay in sale. You have the best chance of selling your home in Nebraska when you first list, so make sure you get it right the first time.
Sell at the Right Time
Even though homes are selling fast in Nebraska, why miss out on a high selling price or fast sale? By relying on a real estate’s expertise not only in the Nebraska market, but your specific city or town, you’ll get optimal results. While we can predict late spring and early summer to be the best time to sell, there are nuances to smaller markets and rural areas that may cause this to differ slightly.
Perform (the right!) Repairs and Upgrades
One of the big values of using a real estate agent is that they have a good pulse on which repairs and upgrades will have a positive impact on your final selling price. Since this can vary by home value and area of the state, rely on their experience when determining which repairs to make.
It’s unlikely installing a pool in the backyard of a home valued at $100,000 will have much impact, but upgrading a bathroom or kitchen could make a big difference. Usually, paying someone to deep clean your home could have big pay-offs for its small investment. Simply decluttering can also have a huge impact on potential home buyers’ decision to pull the trigger. When deciding which upgrades to make, work with your real estate agent to ensure your investment will pay off (and then some) in the long run, instead of losing you money.
Market Your Home Well
Since most buyers will view your home online in at least some capacity prior to making their decision to put in an offer, make sure you market it well. Professional photography and a stellar listing description can draw more buyers to your open house, as can sharing the listing on local and online home buying sites. Marketing your home correctly will attract qualified and motivated buyers. Plus, staging your home may help it sell for more.
What comes in as a great offer above asking price may quickly reveal itself as a complicated one with multiple contingencies and the buyer asking for expensive repairs. On the other hand, your best offer may be one slightly below listing price but purchasing as-is, with cash.
After you review all your offers, you’ll have the opportunity to provide a counter-offer and negotiate any terms — these could include purchase price, time before closing, repairs paid for by the seller, and who pays certain closing costs. Negotiations can seriously impact a seller’s profit margins and make or break the sale.
While you may not be an expert negotiator, an experienced real estate agent does it regularly. They have expertise in how much to push a buyer while still maintaining a win-win situation for both buyer and seller.
How to Sell Your Nebraska Home Quickly and for Top Dollar!
For the many reasons found above, your best bet for making the most on your home and selling it fast is by working with a local, Clever Partner Agent. In 2019, Clever Partner Agents were able to get offers in an average of 12 days, for a total sale timeline of 42 to 52 days (based on a 30 to 40 day close). In Nebraska, this average is even lower.
Clever Partner Agents are top-rated real estate agents who are experts in their local markets. They come from major brands and regional brokerages — like Keller Williams and Century 21 — and offer the same full service as other agents. The only difference is that they have agreed to work for a flat fee of $3,000, or 1% if your home sells for more than $350,000. This means the same quality service of other agents, but more money in your pocket.
Contact Clever to learn more and get connected with a top, local Clever Partner Agent who can help sell your home quickly, and for the best price possible.