Selling your home can take a lot of time and patience because buyers are always looking for perfection. Even if your home is in pristine condition, there are still numerous demands made by nervous buyers who want to make sure they are getting the most for their money. Many homeowners who can’t afford to fix up their homes wonder how to sell a house as is. This can be a good strategy to save money on rehabs and repairs, but homeowners must know how to follow this process effectively in order to make sure the home eventually sells. Come watch and join us at Cash for Houses Dallas for here
Most real estate markets are experiencing a slight upswing in the market. More homes are being sold and more buyers are looking. With the increase of buyers coming into the market selling a house as is may be easier than you thought. This means that your home can sell even if there are major repairs or cosmetic enhancements that need to be made. If home inventory is low in your area it is harder for buyers to get their exact demands met because homes are going fast and buyers do not have the luxury of time and supply on their side. Since this is the case there is an opportunity to invite buyers to see the potential in your home as it is.
When wondering how to sell a house, it is important to imagine yourself as a buyer. Most buyers start their home search online, so effective marketing will be the key to making buyers notice your home. Using effective wording in your ads such as “home has potential”, “vintage home”, and “make it your own” sound more positive and inviting than ones like “needs work” and “fixer-upper”. Buyers are able to imagine the potential and may even like to accept the challenge of putting their imagination to work to make an ‘as is’ home their own special project.
It is very important to disclose any major repairs or issues before selling a house as is; you don’t want to be accused of not being truthful about things that may cost the buyer a lot of money after purchasing your home. While some buyers may be able to handle the fact they will need to purchase a new roof, or replace old fixtures and cabinets, more complicated issues like mold and foundation problems may be something the buyer does not want to deal with.
If you have tried selling to traditional buyers and have received feedback that the home is in too bad of a position to generate serious interest, it may be wise to perform minimal repairs and cosmetic enhancements that can change the perspective. Cleaning the home, painting a few rooms, and clearing the home of all clutter and debris can change the view of a buyer to one they can potentially work with. Don’t fall into the trap of beginning a few minor updates that turn into full scale renovations. This is a waste of your time and money and will not even guarantee your home will sell.