Do you have a property to sell that’s a bit of a fixer-upper? Perhaps, you have a house to sell that can’t be classified as “move-in ready”?
A lot of homeowners hold on to a house that needs work because they don’t have the funds or time to sort it out. This inevitably costs more money in the long run – not to mention the stress and hassle that comes from maintaining a run-down house.
Selling A Rundown House Takes Time, Money & Effort.
But, don’t need to worry! We’ve put together some great tips to help you sell your Miami home (even if it needs some work!)
There are buyers out there who will purchase your house for a great price, freeing you from the property and the burden of making repairs. The strategy of selling is a bit different, and with our tips, we can help you sell your Miami house quickly and at a great price!
How to Sell a House That Needs Work in Miami
Fix What You Can
There are many things that can be repaired relatively inexpensively while still making a strong impact. A fresh coat of paint, for instance, can make a big difference. Repairing holes in the walls, cleaning the carpets, and adding new fixtures are all great ways to fix up the house without breaking the bank.
We also recommend repairing the roof and cleaning up any rubbish or garden tools in the yard. Curb appeal – which is your house as seen from the street – significantly impacts potential buyers. Whether buyers are aware of this phenomenon or not, that initial impression sets the tone for the remainder of the viewing. A neat, well maintained and tidy yard, will have a positive effect on buyers wich, in the end, is what you’re aiming for.
Get Your House in Front of Serious Cash Buyers & Investors
You can do this by networking in investment and real estate groups. To sell your home, you need to spread the word fast and help investors and buyers see the value that’s there.
Work out the numbers yourself. Then, encourage buyers by telling them the facts. Let them know what it will cost and what they’ll get back.
If you’re selling a property that needs work, being able to communicate and explain the potential value of your home is vital.
Play Up What’s Good
Even if there are areas of your house that require major improvements, chances are there’s bound to be a few attractive features as well! Maybe the locations great and it’s close to schools in the area, or the garden has clear potential. Focus on the positives and inspire potential buyers with ideas and how the build could look once it’s finished.
Although we recommend you focus on the good features, you still need to be completely honest and upfront about what is wrong with the property.
By taking this route and disclosing everything from the start, you can address it head-on as opposed to after the inspection has been done.
The last thing you want is to end up facing a lawsuit because you accidentally (or deliberately) concealed a potentially deal-breaking issue with the property. Plus, it’s the right thing to do. You would be disappointed if the same thing happened to you.
Call For Offers and Wait
One strategy many people use is to call for offers and wait. Make it know that you are advertising the property, and will be taking any and all offers into consideration. Set a specific “end date” after which you won’t be reviewing any new offers. This will help create a sense of urgency and potentially pit multiple investors against one another. As your home attracts more interest, the perceived value will also increase.
Help People Use Their Imagination
No matter what shape the property is in, there’s always a few things you can do to help create a positive mood. Is it a nice day? Yes, then make sure the windows are open, and the curtains are pulled back. Not only will this let in more light, but it’ll also prevent the rooms from feeling stuffy.
Stage the home to the best of your ability and clean up as much as possible. You could even have a look online for free interior design or room planning software to help give buyers and idea of what can be done. If you know anyone who good with a bit of photoshop, you could print out a few edited before and after pics of the house after renovating. Anything that will really help inspire your potential buyers to see what could be!