So, you have a fixer-upper on your hands and want to sell it? No worries! Just follow these helpful tips.
GUIDE TO SELLING A FIXER UPPER HOME
Very few homes are perfect. Some homes have issues that cost quite a bit to fix. If you find that your home needs a little work, you’re the proud owner of a fixer-upper.
There’s no need to stress about it, though. Many buyers favor fixer-uppers because these homes usually sell for less and they feel like they’re getting a good deal. Also, the new owners can add their personal touch to the home while making the repairs.
If you’re looking to sell your fixer-upper home, follow the helpful tips below.
FIND A GOOD REALTOR
It’s extremely important that you choose a realtor who has experience in selling fixer-upper homes. Not all realtors are created equal, so don’t be afraid to ask questions such as:
- How many fixer-upper homes have you sold in the last year?
- How long does a fixer-upper usually stay on the market?
- What percentage of the list price are you generally able to get from each sale?
If the agent can’t provide clear answers to your questions or is vague in her answers, look for another realtor.
PINPOINT THE BEST FEATURES OF YOUR HOME
Despite the repairs needed on your home, it also has positive aspects buyers will appreciate. Make a list of the best things about your home and point them out to buyers to help facilitate the sale.
SET A REASONABLE PRICE
Obviously, if your home needs work, you won’t be able to get top dollar for it. Get a home inspection done to help you set a reasonable price that buyers won’t shy away from.
CLEAN YOUR HOME
Just because your home needs a little work doesn’t mean it shouldn’t be clean and tidy when prospective buyers come to see it. Now is a great time to declutter and get rid of things you no longer need or want. Clean the carpets, wash the windows, organize the closets, and keep the yard mowed and tidy.
If you have pests or an infestation of any kind, call in an exterminator to eradicate it. Be sure to keep the paperwork from the exterminator to show buyers if they ask.
MAKE MINOR RENOVATIONS
While you won’t be making any major renovations or changes during the sale of your home, you can make some minor repairs to help it sell faster. For example, you can replace broken light fixtures and switches, add a fresh coat of paint on the walls, and repair any leaky pipes or faucets to make your home more desirable. Also, don’t forget to place a “Welcome” mat outside the front door for people to wipe their feet on before coming inside. Just because your home is a fixer-upper doesn’t mean it can’t have curb appeal.
Selling a fixer-upper might be a little more challenging, but it’s not impossible. Many potential buyers look specifically for fixer-uppers to get a great deal. If you’re trying to sell a fixer-upper, follow the helpful tips above to help it sell faster.