
Any realtor worth their salt will advise you to remodel and renovate a rundown home before selling, with good reason. It’s the easiest way to raise the home’s value and attract a quick sale. However, those can be costly (the national average for renovations is $46,000) and could take quite a while. If you don’t have the cash or time, it’s a viable option to sell the house in its current condition, so here’s how to sell a rundown home as-is.
1. Improve the curb appeal
The house may be rundown, but that doesn’t mean you should neglect its surroundings too. Since it’s the first thing potential homebuyers will see of the property, you should work on improving the curb appeal.
Studies show that refining the curb appeal can add 7%-14% to the sale price, so trim the hedges, mow the lawn, and do anything that improves curb appeal.
2. Disclose Everything Upfront
Be honest about any issues affecting the home. If there’s something wrong with the roof or the wiring in a particular part of the house, don’t hide it from potential buyers. It would help to conduct a pre-listing inspection to capture all faults.
Tell them about it upfront so they can decide whether they want to make an offer on the property or not. Also, disclose whether there are any liens against the property, such as unpaid taxes.
3. Hire a Sell Rundown Home As-is Real Estate Agent
It helps to enlist a real estate agent experienced in selling rundown houses. Firstly, such a realtor knows how to market such a house to make it appealing to the target audience. They can also leverage their network to identify potential buyers, improving your chances of a sale.
Generally, real estate agents know the market better than you, so they will likely know how to set the price right to ensure you get the best price for the property. They will also handle all the paperwork and negotiations, so you don’t have to stress over that.
4. Price Your Home Realistically
Set a reasonable price based on the house’s condition and location, not what you wish it were worth. Many homeowners who want to sell their house fast will try to get top dollar for it, which may not be possible if it’s a rundown home.
Unfortunately, this strategy often backfires as few buyers are willing to match such a price. It helps to price your home realistically to make it a reasonable purchase decision.
5. Highlight the Positives
You may not have time or money to fix up your house before selling it, but that doesn’t mean there aren’t any positives.
Maybe there is a great room with high ceilings or hardwood floors that need refinishing, but otherwise, looks great. Or a large backyard with beautiful landscaping that could use some maintenance.
Focus on these aspects and highlight the photos in the listing description so buyers can see what they will get if they make an offer.
Sell Rundown Home As-is to Next Level Home Buyers
Finding a buyer for a rundown home is difficult, but not if you decide to sell it to Next Level Home Buyers.
We are the go-to solution if you want to sell rundown home as-is and avoid repairs. Give us a call, and we’ll inspect your home and make you an offer based on its fair market value. We won’t bug you into conducting costly repairs as realtors often do. We’ll wire the cash directly to your bank account when you accept the offer.
Contact or call us at 860-368-0343 if you need to sell rundown home as-is.
WE BUY HOUSES IN ANY SITUATION:
-
Trouble Selling
-
Behind on Payments
-
Owe Taxes
-
No Equity
-
Disability
-
Bad Tenants
-
Pre-foreclosure
-
Listing Expired
- Death of a loved one
- Liquidating assets
- Inherited property
- Job loss
- Bad mortgage
- Bankruptcy
- Medical Bills
- Extensive repairs
-
Retiring
-
Judgments
-
Structural issues
-
Relocation
-
Bad neighborhood
-
Downsizing
-
Divorce
-
Liens
-
Code Violations
-
Fire Damage
-
Condemned Property
-
Ugly House
-
Environmental Issues
-
Title Issues
-
Hoarders
-
And More
Need To Sell Your Home Fast? Expensive Holding Costs?
Learn More About Our Fair & Fast Cash Buyout
At Next Level Home Buyers, we buy homes regardless of the condition. If you can’t wait months to sell your home and you don’t want pay a huge real estate commission, complete the information form below or call us at 860-368-0343.