Do you need to sell a house that needs work? You don’t have to feel stuck or fearful of all the impending expenses! We have put together some great tips to help you sell your New Orleans home… even if it needs some work!
Many people hold on to a run-down house because they don’t have any time or money to fix it. This eventually costs more in the long run, and creates stress and hassle.
There are many people out there who can free you from the burden of the property by buying your house for a great price. The selling strategy for a house that needs work will be different, and with our tips, we can help you sell your New Orleans house quickly and for a great price!
How to Sell a House That Needs Work in New Orleans
Fix What You Can
There are many inexpensive things to repair that will make a strong impact. Repairing holes in the walls, laying down a fresh coat of paint, cleaning the carpets, and adding new fixtures are all awesome ways to improve your house without costing too much. We also suggest repairing the roof and cleaning up the yard. Curb appeal has a huge impact on the perception of your home. If a potential buyer’s first impression is of a neat and tidy yard, they will have a more open mind when they view the rest of your home!
Get Your House in Front of Serious Cash Buyers & Investors
Do this by networking in investment and real estate groups. Spread the word and show people the potential value of your home. Run the numbers yourself and show people what it will cost to repair vs. the value of the home when it is complete. The ability to communicate the value of your house to potential buyers is vital when selling a fixer-upper.
Play Up What’s Good
There is bound to be something attractive about the house, even if some areas need major improvements. It could be in a great location, or maybe it has custom, built-in cabinetry. Focus on the positives and the potential value of the property after renovations.
While you play up what is good about the house, you also need to be completely up-front about what is wrong with it. You can address everything head-on by disclosing issues, instead of waiting until after the completed inspection. Don’t set yourself up for a lawsuit by concealing a potentially deal-breaking fact about the property. Full disclosure is the right thing to do.
Call For Offers and Wait
A strategy used by many people is to call for offers and wait. Make people aware that you are widely advertising the property, and will be considering every offer. Choose a date to accept an offer on. This creates a sense of urgency, and may even pit multiple investors against one another in a battle for your home.
Help People Use Their Imagination
There are ways to set the mood, no matter the condition of your home. If it’s a nice day, open the windows to let the breeze come through. Clean the home as much as you can, and stage it to the best of your ability. There are even free interior design or room planning software that can show you the potential of a room with a few renovations. Help your potential buyers see what it could be!
Do you own a fixer-upper property you need to sell in New Orleans? We can help! Send us a message or give our team a call today! (504) 224-9066