Selling your home is a big decision, irrespective of its reason. Whether moving to a different country or buying a new home, selling your old house should be hassle-free and quick. The faster you sell your house, the easier it will be for you to move on with your life.
As much as you’d love to sell your house within a few days, buyers prefer houses in top condition. It would create many problems when selling a house that still needs work. If your home requires much maintenance and repair work, you might have to rethink your selling strategy. Fortunately, many property buyers buy houses in whatever condition they are. Along with that, here are three secret tips that will help you sell your old house quickly.
1. Decide the right price point in mind
Before you put your old house up on the market, you need to determine the right price point. There are different ways to find out how much your house is worth. You can use the home value estimators that determine the price of your home based on the address and locality. You can consult a property agent to do a comparative market analysis. The municipal or county office’s website can also tell you the property rates in the neighborhood.
When selling a house that still needs work, you need to weigh the cost of repair work or renovation. That’s why old houses requiring massive repair work might get less value than the current market price. Keep that in mind while determining the price point. With the right price point, you have to keep some wiggle room for negotiations. Think about the lowest offer you can accept, so it would be easier to make the deal.
2. Do basic fixes and maintenance
Older properties require a lot of repairs and maintenance work. They often have broken shingles, blocked gutters, drainage, broken tiles, neglected lawns, and gardens. It would cost a fortune to do all this repair work simultaneously when trying to sell the house. Instead, you can make a list of essential works that can fix the visible damages and improve the curb appeal. It includes decluttering the house and surrounding property. You can sell the old furniture, clothes, and tools you don’t use anymore. You can also clean the driveway and remove decomposed leaves and debris from the roof to make it more presentable. Even if your house is old and needs repair, cleaning and organizing can make it comparatively tidy and presentable.
3. Sell it for cash
You cannot play games if you have a limited timeframe to sell your house. You might have to sell the house in the as-in condition. You can get in touch with cash buyers to purchase your home. Whether your house needs some minor plumbing work or needs to redo the entire roofing, cash buyers buy your house in the current condition, so you don’t have to break your bank to do the repair work. You can get instant cash for your home, so you don’t have to list it on the market and wait for months to get it purchased.
Selling your old house can be tricky, especially as home buyers look for houses in immaculate conditions. Therefore, it makes sense to do some minor visible repairs and sell it to a cash buyer for significant profits.