FinancingSelling Your Home August 12, 2022

Seller strategies when interest rates are high

You may have heard the rumors that we are moving into a buyer’s market.  And it’s true!  But that doesn’t mean there aren’t some strategies you can use to help you stand out in the market and sell your home fast. 

1. Buy down the buyer’s interest rate

Reducing the price of a home by, say, $10,000 is great, but it only saves the buyer a little bit of money on their monthly mortgage payment.  Instead, try giving the amount you would have reduced the price to the buyer to buy down their interest rate.  It will save them upwards of $150+ on their monthly payment.  

That’s a big benefit to the buyer!  It allows them to step up what they can afford.  If they have a tighter debt ratio, it increases the amount of money they can spend on a home.   It’s a great incentive to help them with the sale of your home.

2. Offer seller financing

Another option to help sweeten the deal for buyers is to offer seller financing.  This means you will finance the home purchase for the buyer.  This can be an excellent option for buyers who have trouble qualifying for a loan or want to avoid paying private mortgage insurance.  

You can set the terms of the loan. There are title companies who can help with the needed forms and management companies to collect and forward the payments.  Your Realtor should be able to connect you with the right specialties.

3. Make your home more energy efficient

One of a buyers’ biggest concerns today is the energy bills’ cost.  You can make your home more attractive to buyers by making it more energy efficient.  

Some simple things you can do to make your home more energy efficient include: installing energy-efficient windows, adding insulation, and upgrading to energy-efficient appliances


Sellers, don’t give up!  It’s still a great market out there with a lot of buyers. It’s a tremendous time to sell your home. By following these tips, you can make your home more attractive to buyers in a buyer’s market and sell your house fast.

If you want a lender you can trust to help you with an affordable mortgage, I recommend connecting with Miles Pitcher with Superior Lending.

And if you are ready to list your home and start looking for a new home, I would be thrilled to help!