Millennials are buying and selling homes more than ever. If you have a home you want to sell but are feeling a bit concerned because it needs repairs then you may be wondering what it takes to make a sale.
Your biggest fear may be that no one will want to buy your home and that you won’t get a good price for it. While these are all valid concerns there are some things you can do to make your home more attractive to buyers.
Depending on what a buyer is looking for you may be surprised that your home is the perfect purchase for someone.
Your Buyers
The truth is that a home that needs work will often be appealing to flippers and bargain hunters. This is because they will be able to get it at a cheaper price. For these kinds of buyers, you may not need to make renovations.
Someone who is looking to flip a home may be interested in your property especially if the renovations will be manageable. Homebuyers who are looking for a deal and who don’t want a house to move into right away may also be interested in your property.
Knowing your buyers will assist you with knowing what to say about the property to make it look like a good investment for a potential buyer.
Do Some Landscaping
First impressions last and if a potential buyer approaches your yard and sees a lot of clutter on the lawn they may think twice. On the other hand, if they approach the property and the yard is well kept they will get a better impression. It seems like a simple thing but it does work wonders to give your home that initial curb appeal.
Consider staging the home as much as you can on the inside too. Reduce your clutter and get the walls painted if necessary. Organize the furniture in an appealing way. The more homely you can make the property seem the more chance you have for a sale.
Get the Home Inspected
Getting a home inspection report for a home that needs renovations may seem counterproductive. It may feel as if you are putting too much on the table.
However, this is not necessarily the case. The more you are able to tell a potential buyer about what needs to be renovated the greater the chance for a sale.
Your buyer will know exactly what they are getting and you will be able to negotiate from a more realistic point of view. Hiding what’s wrong can chase buyers away.
Showing upfront the property’s defects helps to weed out those who are not interested and puts you closer to finding someone who is willing to accept the property as it is.
Get that Sale
Getting a sale for a property that is in need of renovations can seem a bit daunting but if you are strategic about what you are doing you will have a greater chance at success.
Always remember that honesty is often the best policy in this kind of sale. Letting your buyers know upfront what they are getting will remove their fear and give them a realistic picture of what they are getting into.
This will make them feel more confident about closing the sale.