5 Tips for Selling a Fixer-Upper Quickly
Selling a fixer-upper may seem more challenging and we get it!
It could feel like a bargain or leave you feeling desperate just because you’re selling a home that needs repairs. However, you’d be surprised how many brokers are in the buying pool for fixer-uppers.
As the home seller, it is your job to maximize the home’s appeal to potential buyers. A clean, open space allows potential buyers to imagine what could be, not what is.
For more tips on getting your home off the market, keep reading…
Start With a Clean Canvas
It goes a long way.
One of the most important things you can do to speed up the sale of a fixer-upper is to give it a good cleaning. When moving into a new home, the last thing anyone wants to see is a sloppy, dirty mess.
You can opt to hire a professional cleaning service to thoroughly clean and dazzle each corner and crevice of the home. A buyer is seeking a “fresh slate” since it is most likely the buyer is going to carry out a complete reconstruction anyway.
Market Its Potential
The photos an agent uses to market a home that needs work could be more crucial than those of a turnkey property. Investors could be interested in an aerial view of the entire property. Flippers and developers are looking for homes with desirable features including spacious closets, a backyard suitable for families, adaptable spaces, and an exceptional layout.
Add Drone Shots
Potential buyers can have a better idea of how the land will look once they build on it if they have a bird’s-eye view of the area. This gives them an idea of how suitable the land is for the pursuits they have in mind.
Prepare a Floor Plan
According to Zillow’s 2016 Consumer Housing Trends, having a floor plan or layout that meets their needs is as equally as important as having their preferred size/square footage.
Floor plans help homebuyers discover homes that fit their preferences by showing how a property is planned out.
Potential Resale Value After Repair
Working with your realtor to highlight the possible resale value when all repairs are completed can further persuade purchasers to peek into your home. It not only shows the numbers but also how prepared you are with the work you put in. If you can’t afford substantial upgrades, you can at least do this to your fixer-upper.
Disclose Deal Breakers
After several years, it’s only natural for a house to have issues with the plumbing, roofing, and even electricity.
Even if your home isn’t flawless, don’t assume you can hide issues from homebuyers. This is not only reckless but also irresponsible. Your buyers may sue you thereafter for failing to disclose issues.
Emphasize Its Best Features
You got to show them the best that you’ve got.
Does your home have beautiful wooden floors? basement finished? a huge outdoor space? Bring them to light!
Showcasing the finest of what the property has to offer is crucial when it comes to fixer-uppers. Provide compelling writing or a detailed description of the property to draw attention to these attributes and attract the right buyers.
Advise Buyers About Renovation Loans
Because not many people are aware of this, you might want to offer this as well.
Buyers may be unaware that they are qualified for a renovation loan, which evaluates the overall expenses of sprucing up a home and incorporates them into the mortgage. These loans might be an appealing alternative for purchasers who want to buy an old house and make it their own but don’t have the extra finances to perform the needed repairs.
Are You Ready To Sell Your Fixer-upper?
You can make any fixer-upper have the potential for a fantastic sale to the appropriate buyer by using these methods to tweak and customize your real estate marketing plan.
Simply focusing on your best qualities and the future of the property will get you off to a terrific start in selling your fixer-upper home faster than others!
Selling a property? Reach out to us today to learn more about our photography and marketing services!
Need a hand in cleaning your home? Check out Lime Green Clean today!