You might think that selling a house that needs repairs will be difficult. However, buying fixer-uppers is our specialty! Learn more about what we can do for you in our latest post!
Spending money to make a run-down house look nice is likely the last thing you want to do if you’re looking to sell it. It doesn’t always make sense to do so, because there are no guarantees that you will see a return on your investment. It’s common to make cosmetic repairs with your own style in mind, which can be off-putting to someone with different tastes. Don’t make repairs until you are 100% certain they will be worth it!
How Much Will It Cost To Fix?
Rather than pricing it all yourself, contact a few contractors to get estimates on any needed work. Having a home inspection done before selling lets you know the exact condition of your house before buyers do inspections of their own. This gives you better negotiation power and shows buyers that you have nothing to hide.
Which Repairs Are Critical?
People are more prone to buy a fixer-upper if the repairs are cosmetic. For a larger range of buyers, make sure that someone could live in the house if they chose to make repairs while living there. If the house is uninhabitable, finding a buyer is more difficult.
Consider Your Selling Options
You have a few selling options:
- Pay to fix and list the house
- Sell directly to a fixer-upper specialist, such as Louisiana Direct Home Buyers
- Try to list it as-is
When fixing and listing, make sure you know how much it will cost out of pocket, including repairs, listing, marketing, cleaning, and commissions.
Louisiana Direct Home Buyers is very interested in buying New Orleans fixer-upper properties. We love revitalizing homes for new buyers. There is never any obligation or hassle when you receive an offer—a direct sale may be the solution you have been waiting for!
Listing a dilapidated property can be challenging. People are very quick to scroll past photos of a damaged house. Not everyone is comfortable with spending a fortune on a house, only to have to spend more time and money repairing it. When selling your New Orleans fixer-upper property, one of the best choices you can make is to sell directly to a professional investor.
Get It In Front of The Right People
There are many people out there looking for fixer-upper homes. It’s completely possible to sell a property that needs repairs—you simply need to find the right buyer!
Inform people about your property by attending local networking events for investors, real estate professionals, and general business matters. The likelihood of finding a buyer increases with the amount of people who know about it. You never know who could be looking, so tell everyone!
Showcase The Potential
When people are viewing your home, help them use their imagination. If you choose to list, include an artist rendering of what the home could look like. Showcase the property’s potential in all of your marketing.
Do you want to sell a house that needs repairs in New Orleans? We can help! Send us a message or give our team a call now! (504) 500-5608