Roger Downward
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Tips for Selling Homes that Need Renovation
April 23rd, 2019 5:15 PM by Roger Downward, Principal Broker
Not every buyer will want to put hours of labor into their home before placing it on the market. This can be a challenge for the real estate professionals who are tasked with selling it since every seller wants to gain top dollar, but without making the necessary changes that buyers expect.
Work with what you have. Keep in mind, you are not attempting to hide or make the imperfections look perfect to the buyer. Instead, positioning it as an easy DIY project can attract the homeowners that do not mind a project in return for a little hard work. And, depending on the amount of work that is required, it may also be a great property to market to flippers.
Manage the easy tasks. You can take some of the burden off of the buyer by managing the easier tasks. Cleaning up debris and leaves on the outside of the house and hiring someone to put a fresh coat of paint on the walls can make the task seem less daunting. Consider the resale value of each project and what it is worth to the overall cost of the house.
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Home Sales
Posted by Roger Downward, Principal Broker on April 23rd, 2019 5:15 PM
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