Selling a house is always complex, but it can be worse if you try to sell a house that needs work.
Sure, you could completely renovate your house, from the basement to the roof, hoping it attracts more buyers and you can recoup your investment. But what if you can’t, or don’t want to, do all the repairs and upgrades your house needs?
Fortunately, there are people out there looking for a fixer-upper and investors who would be happy to buy your house as-is so they can renovate it and put it back on the market, notes McKenna & Vane, a leading property management Carroll MD company.
Consider some of the best ways to sell a house that needs work, and then get ready to sell.
Decide to sell your house as-is
When you sell house as-is for cash, you may be pleasantly surprised by the offers. Many investors would buy your house as-is, saving you time and headaches.
Being transparent about the condition of your house could help you attract investors who will buy your house for cash, regardless of the work that needs to be done on it.
Just be sure to get a home value estimate before accepting any cash offer to ensure you will sell your house for a good price.
Consider making a few necessary repairs and upgrades
You might not recoup your investment if you completely overhaul your house. However, making a few necessary repairs and upgrades could make your house more appealing to certain buyers.
At the very least, you could patch nail holes in your walls before painting them. You could also fix squeaky doors, clean carpet stains, and improve your landscaping by planting a few flowers or bushes.
These small changes could make a big difference.
Work with a real estate agent who is used to selling houses like yours
Sometimes, the best way to sell a house is to hire a real estate agent. But when your house needs work, you must choose a real estate agent who sells homes like yours.
Your real estate agent will help you set a fair price by comparing your house to similar homes in your area. Plus, they will know how to present your house in its best light in listings, and they will attract the right type of buyer.
Don’t try to hide any issue your house might have
No matter how much work your house needs, it’s important to always be transparent.
You could get your home inspected, which will help you identify any potential issues it might have. And then, either work on fixing these issues or simply be upfront and tell potential buyers all about them.
Lying about your house’s condition might help you attract more buyers, but it will also cause serious problems in the long run.
Clean up and declutter your house
Your house will be easier to sell if you clean it up. So clean anything that can be cleaned, and make sure your house smells fresh and fresh when you’re done.
It’s also a good idea to get rid of clutter. Throw away any junk you have accumulated over the years. Store away extra furniture that might make each room feel smaller than it is.
A clean and decluttered house attracts buyers, even if it needs work.
Be sure to present your house in its best light
Selling your house will be easier if you let potential buyers know its best qualities. Perhaps your house has a lot of storage space, large windows that let in plenty of sunlight, or a covered porch with a breathtaking view. Focus on those qualities.
You should also ensure potential buyers know what amenities they can find near your home. Perhaps there are great schools nearby, a nearby park with hiking trails, or exciting restaurants and shops.
Mention renovation loans in your listing
If you want to sell your house to someone looking for a fixer-upper, make sure your listing mentions the possibility of a home renovation loan.
A home renovation loan will include the money they need to fix your house on their mortgage. This is a convenient option that can make your house seem more appealing.
