Professional Tips for Selling Fixer-Uppers

How do you sell a fixer-upper? These tips will lead you to success.

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What do you need to do in order to sell a fixer-upper home? In response to this question, I’d first respond with a question of my own: “How much of a fixer-upper is it? Are the issues with the home cosmetic or structural?” To figure out how much work the home would be, I recommend we get a home inspection upfront so the buyer doesn’t mistake cosmetic issues for structural issues. Doing an inspection will also enable you to get an estimate to take care of any structural repairs, determine whether you can do the repairs yourself, or decide that you’re looking for a buyer who is open to accepting a property that needs that type of work done. So again: How much work does the home need? Once we have those numbers, we can price the home accordingly and alleviate buyers’ concerns about the property.

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Depending on the level of work needed, we can
determine the best marketing plan for you.

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We have a database full of investors who are looking for properties like yours, and we specifically target-market to find investors looking for handyman specials. These buyers will pay cash, offer a quick closing, and purchase as-is. We help you determine the best price the market will allow or for the best terms to meet your needs. On the note of advertising: Another option to market so that you find the right buyer for your property is to offer seller financing. Some mortgage companies aren’t willing to finance homes that need a lot of work, and some buyers may not have the money to do the work themselves, so offering seller financing will open you up to buyers that you wouldn’t otherwise have. When it comes to repairs, it’s a good idea to consider if it’s worth it for you to do them—like painting, for example, to do the inexpensive repairs that will freshen up the property cosmetically and bring you a higher sale price. Depending on the level of work needed, we can certainly determine the best marketing plan for you. If you have any questions, call or text today at (239) 248-8000. I’d love to hear from you.