Listing a house typically includes a beautiful property that someone invested a lot of money into. When you’re trying to sell your fixer upper, things get a bit more complicated.
Trying to get rid of your rundown property isn’t an easy task. If you want to sell it the traditional way, by listing it on MLS, it’ll be nearly impossible to have any success. Most buyers are looking for a property they can move into as soon as possible, and a property that needs bunch of repairs isn’t really attractive. This is why many homeowners hesitate to sell their house that needs a lot of work.
Can you even sell your fixer upper without a bunch of repairs? Luckily for you, there are things you can do to increase your chances of profiting. We’ll give you several tips and hints to help you sell your fixer upper fast, and for the best possible price.
1. Declutter the Yard
One of the best things you can do to improve the first impression of your property is to make your yard look as good as possible. This doesn’t necessarily mean getting new things to decorate it, but rather cleaning it up. Get rid of anything that you don’t need that is ruining the landscape. This can help increase the value of your home for up to 12%. Not to mention that cleaning your backyard is much cheaper compared to adding various items such as new benches or fancy lights.
2. Declutter the Indoors, as Well
The same goes for your interior. The more unnecessary things you have in your house, the more crowded and messy it looks. The single most important thing you have to do when trying to sell your fixer upper is to clean. Most people will look at the windows first. If they are dirty, they won’t even look further. A deep clean and decluttering can help increase the value of your home more than if you’d spend thousands of dollars on your new kitchen or brand new appliances.
3. Focus on Smaller Upgrades
Sure, the best thing you should do is to renovate your entire property. However, who has the time and the money to deal with that? This is why you should focus on making smaller upgrades and fixes that can change the look and functionality of your rundown property completely. These small fixes include things such as patching holes, deep cleaning, landscaping, fixing broken hinges and leaky pipes and treating stains in the carpet. If you want to sell your fixer upper and make a profit, small changes can make a huge difference.
4. Include Renovation Loans
Another way to increase the chances of selling your fixer upper fast is to include renovation loans in the listing. This means the buyers might be able to get a bigger loan from the bank, so they could cover all the renovation expenses. By letting buyers know they need to renovate the property and allowing them to get the money they need, you are increasing the chances of selling your fixer upper in a timely manner. Of course, if you’re listing with a real estate agent, they should know a thing or two about home renovation loans so they can educate the buyers the right way. The more resources a buyer has, the more likely they are to purchase your home and to invest in it.
5. Highlight the Good Features of Your Home
Look at your home and think about the good sides of it. Surely there is something that makes your rundown home special in a good way. Do you have a huge storage cabinet, or maybe a nice, big backyard? Maybe the floor plan is great, or the interior is styled in a unique way? Market your house focusing on the best features it has. Try to make other people see what it is you loved about this house. When you want to sell your fixer upper, you have to focus on the bright side of it. If you live in a good part of the neighborhood, use that as your advertisement, as well.
6. Sell to a Direct Buyer
The best way to sell your fixer upper is to find a reliable local buyer in Milwaukee who will be willing to take the house off your hands and pay you in cash. A direct buyer isn’t someone who plans to move to your house. This is why they are willing to spend time and money repairing it. Sparks Property Investors LLC will buy your Milwaukee property as is, which means you won’t have to spend a dime fixing it. We will also be able to close the sale much faster compared to any traditional method. On some occasions, we can close the sale for as fast as seven days. This can help you get rid of your unwanted property in a fast, stress-free way.