Do you need to sell a house that is in need of repairs? Is this causing you worry and stress thinking of all of the work and money this will cost? We have put together some great tips to help you sell your Kansas City home… even if it needs some work!
Many people will hold onto a house that they own that needs a lot of work because they lack the time and/or money to fix it up. Owning a house, even one that is paid off, isn’t free. So holding on can end up costing you more money than just selling it today over the long run.
There are many people out there who will buy your house for a great price, freeing you from the property and the burden of making repairs. The strategy of selling is a bit different, and with our tips, we can help you sell your Kansas City house quickly and for a great price!
How to Sell a House That Needs Work in Kansas City
Fix What You Can
You can fix a lot of things for relativey low cost, especially if you are a little handy. This will go a long way towards making the property saleable. Repairing holes in the walls, cleaning the carpets and adding new fixtures are all great ways to fix up the house without breaking the bank. We also recommend repairing the roof and cleaning up the yard. One of the highest impacts you can make is to invest in the curb appeal. Powerwash the sidewalk and porch. Put some fresh mulch around the plants and put some flowers on the front step. If their initial impression is of a neat and tidy yard, they will have a more open mind when viewing the rest of your home!
Get Your House in Front of Serious Cash Buyers & Investors
You can do this by networking in investment and real estate groups. Get the word out about your home and help people to see the potential value. Run the numbers yourself and let people see what it will cost to repair vs. the value of the home when it is complete. Being able to communicate the value of your house to potential buyers is very important when selling a fixer-upper.
Play Up What’s Good
Even if the house has areas that require major improvements, there is bound to be something about it that is appealing! Maybe it’s in a great location or features custom, built-in cabinetry. Focus on the positive and the potential of the property once it has been fixed.
While you do want to play up the great things about the property, it is best not to try and hide the things wrong with the home. Chances are that they will be discovered and this will end up causing issues with the home closing or closing at the agreed-upon price. By disclosing everything you know, you can address it head-on as opposed to after the inspection has been done. You don’t want to set yourself up for a lawsuit by concealing a potentially deal-breaking fact about the property. Plus, it’s the right thing to do.
Call For Offers and Wait
One strategy many people use is to call for offers and wait. Let it be known that you are widely advertising the property, and will be taking any and all offers into consideration. Set a specific date as to when an offer will be accepted. This will create a sense of urgency and will potentially pit multiple investors against one another in a battle for your home.
Help People Use Their Imagination
No matter what shape the property is in, you can do some things to set the mood. Is it a nice day? Make sure the windows are open to let the breeze come through. Stage the home to the best of your ability and clean up as much as possible. You can even find free interior design or room planning software to show what the potential of the room with a few renovations. Help your potential buyers see what could be!