Selling properties can be a long and tedious process that requires patience and resilience, especially if you do not involve a real estate agent. Some home sellers get frustrated by the long wait and unrealistic buyers. It can even be challenging to sell a fixer-upper house, given the house may require extensive maintenance, but the fact is it is not impossible.
Here are a few tips from home seller experts that can help hasten the sale of a fixer-upper house if you don’t have time to deal with expensive maintenance.
Price Your Fixer-Upper Home Correctly
Coming up with the right approach to price a fixer-upper house can be challenging. The aim is to pick a reasonable estimate to attract fixer-upper house buyers looking to invest in remodeling and deals after making improvements.
However, you can start by getting an estimate of the cost of repairs such as roofing, plumbing, electrical, and other critical maintenance from a reliable contractor. Now you can start figuring out how your house would sell by using online home estimation websites. Looking at prices for comparable homes gives you the initial idea of the value of your property but note this should not be your final listing price. The next step is to find a good real estate agent with fixer-upper house experience to help you come up with a fair but attractive price, then decide how low you are willing to sell.
Being prepared and willing to negotiate is essential when selling a fixer-upper house because most buyers will hardly accept your asking price. You should know that potential fixer-upper house buyers may have a different view of your house’s worth, and to avoid being frustrated, be prepared and quote the right price.
Improve Curb Appeal
Another way to sell a fixer-upper house fast is to make it appealing to potential buyers. The first impression is critical to property buyers, and curb appeal is the first thing they will see when they drive up to your home.
There are several things you can do to enhance curb appeal:
• Take care of your lawn and clean up the yard to remove debris and old trash
• Clean your gutters
• Update your mailbox to something stylish
• Fix broken windows, patch roof leaks, electrical, etc.
• Refinish floors
• Replace old and leaking faucets
Note: The goal is to create a good first impression that will make potential buyers interested and want to come and look inside. It is also imperative that you be honest about the faults or major issues, this can save you from losing a potential fixer-upper house buyer. Dishonesty when selling a fixer-upper house can be a real deal killer, be forthright of possible safety, or any other issues with your home.
Find a reliable and experienced real estate agent
Pick a reliable real estate agent experienced with fixer-upper houses. This can be pretty useful when you want to sell your home really quickly, and you don’t want to deal with the lengthy process involved in selling properties.
Some of the advantages of working with an excellent real estate agent include:
• Guides you in calculating the repair cost.
• Helps you in setting the right selling price consistent with the current market and value of your fixer-upper house.
• Have a target network of potential buyers, so no long wait for a suitable buyer.
• Real estate agents have excellent marketing skills enabling them to focus on the selling point of your fixer-upper house.
Perfect Marketing
When selling a fixer-upper house, excellent marketing can bring you the best offers, sometimes more than what a fast cash home buyer can give. When marketing, use powerful, precise, and compelling descriptions in the listing. In the listing include vital information such as:
• Include the location, floor plan, bedrooms, etc.
• Using strong words to describe features such as landscape and safety.
• Highlight any recent updates or renovations
• Include any special promotion
• Hire a professional photographer to get you nice and attractive photos for your listing
Make sure you remain as trustful as possible in your description. You will be surprised by how effective this strategy can be.
The bottom line is you have a series of options to sell your fixer-upper house. All you need is to think carefully, do a little research, make an informed decision, and take the ideal strategy that best works for you.
