There are very few but helpful alternatives to “sell my house fast” that you can implement to entice buyers into purchasing vacant houses. When potential clients see a vacant home, they do not get a good impression. Thus, they may find it challenging to visualize the space in an optimal sense. In addition, many factors come into play when trying to sell such a property, including whether the home is well-maintained or if it needs repairs. Also, buyers don’t prefer houses that have been on the market for too long, which is typical for vacant homes. They give an impression that the property owner is hesitant to sell.
Appraisal Institute studies show that vacant real estate property sells at a 6% discount over occupied property and stays on the market 13 days longer. Therefore, it’s crucial to find ways of selling your home faster and at a good profit. By understanding why empty homes take longer to sell than outfitted, staged, or occupied properties, you’ll be able to map out a sales strategy for your vacant home. So here’s why;
- Price Is Your Only Selling Point
Recent research indicates buyers find over 90% of properties online, with their initial impression of the property being photographs posted by agents. It’s an advantage that homeowners with furnished or occupied homes have over property owners with vacant homes. Lovely photos are an excellent opportunity to upsell homes as they provide an impression.
On the other hand, an empty house merges into emptiness. A buyer won’t give it as much attention as they did with furnished homes. When a property doesn’t stand out, it becomes hard to distinguish it from the other properties on sale other than by price. Therefore, sellers have to reduce their asking prices to stick out.
- Empty Rooms Look Smaller
When selling a home, the most important thing you can do is fill the rooms with furniture, artwork, pillows, and accessories. Home furniture fills up space and creates density, making the rooms look larger. Conversely, vacant spaces appear smaller to buyers, negatively impacting the value of a property.
- Customers May Think You’re In A Hurry
When you have a property costing you financially or worrying you, purchasers may notice that and attempt to undercut you. It’s to your disadvantage, and the fact that you want to sell faster only worsens the situation. While it is unfair, an empty home indicates desperation in a seller, even when they aren’t.
- Potential For Rodents
Rodents thrive in empty homes, thanks to their burrowing instincts. They can nibble and gnaw through the piping and electrical wiring, causing severe damage. Worse, their constant chewing often causes problems with mold and mildew even if the rodents themselves do not stay to nest. This can make it difficult to sell an empty home since there’s usually nobody to care for it.
- Faults Become Too Apparent
Every home has its starts and stops, its flaws and beauty. But sometimes, you can use furniture and decoration to cover potential defects such as stained walls, uneven flooring, or clunky counters. Unfortunately, you can not get this advantage with vacant property.
Selling Vacant Property
Follow these tips to sell your property faster:
- Hire A Realtor
Your initial approach to effectively selling your vacant house would be to know all possible sticking points and anticipate them beforehand. It’s worth noting that you’ll need the assistance of a qualified realtor when selling your property. Their skills can come in handy when selling, from correctly advertising property to selling it.
- Make An Ideal First Impression
While the saying, “First impressions happen once,” is arguably true, it does count when you’re selling real estate. The better your home looks, the more likely a buyer will notice it and request to tour it. Therefore, keep up with your home’s maintenance and ensure your entryway is inviting. While at it, ensure that you take care of small details like making it easy for buyers to open the front door, adding fresh flowers if you have time, or even giving guests a gift.
From the outside of your home to the inside, several small changes can help you get top dollar. If you can, stage a bathroom, and paint the front door afresh. These simple but essential changes can make a difference for shopping clients searching for a new home.
- Showcase Comfort In Your Property’s Interior
Update the look of your home in just a few quick steps by adding new furniture to empty rooms or removing bulky old furniture from your staging space. Leaving behind a few pieces of furniture you love is complex, but it will make a big difference to buyers and help them visualize themselves in your home. Plus, it optically doubles the buying space while also hiding flaws such as minor scratches on a wall.
- Keep Your Utilities Running
Potential buyers need to experience the property in a neutral setting as they shop around. Keep your utilities on as long as your home is on the market. Even if you haven’t furnished your home, keeping utilities on will allow you to maximize your home’s comfort, demonstrating that the lights and heating or AC still work. Note that if your home is vacant, an offer can take longer because there are no real-life touches that help buyers picture themselves in your space.
Alternative Ways To Sell Vacant Homes
If you own a home and are ready to sell it, you may have thought about using a realtor, waiting for buyers to come to you, or listing the house on your local real estate boards. While those methods can work, they might not be the best fit for you. What if there was a faster way? One where you didn’t have to do much work, and your house could sell right away? There is such a thing. It’s called selling to a cash buyer, and here are its benefits;
- It is a done deal once you agree to cash payment. Once set, a purchaser cannot back out of the transaction.
- Cash purchasers don’t make any demands. They will not put clauses in the deal that oblige you to repair, upgrade, or modify anything on the property. Instead, they engage you on a buy-it-as-is transaction.
- You’ll sell the property immediately. Expect to collect sale proceeds in days following your approval of a cash deal.
Bonnie Buys Houses Fast is here to buy your vacant home for cash. Our hands-off service gives sellers direct access to high-value cash buyers without the hassles or complications of other real estate transactions. Visit our website at https://bonniebuyshousesfast.com/ to learn more about how we can serve you. We are ready to buy your home or property, so call us today at 719-659-9979.
Bonnie Buys Houses Fast,
11605 Meridian Market VW Unit 124 #243
Falcon Colorado 80831
719-659-9979
