If you’re selling a property in Kissimmee, Florida, and the property is in poor condition, don’t despair. Many home buyers are still interested in properties that need some work. By being upfront about the state of your home and pricing it accordingly, you can sell your property even if it has foundation problems.
When it comes time to sell your house, you want to ensure you do everything to get the highest price possible. Sometimes this means making a few repairs or updates before putting it on the market. But if your property is in poor condition and you don’t have the money or the time to fix what’s wrong with your house. You can sell it AS-IS. In this post, we’ll go over some tips for selling a home in poor condition. Keep reading to learn more!
First, I want to thank you for reading this article. I am a local realtor in Kissimme, and my goal for every post I share is to help you make educated decisions. Maybe this house keeps you from taking the next step toward your best life. I sincerely hope this information motivates you and enables you to take that 1st step.
Be upfront about the property’s condition.
Home sellers in Kissimmee, Fl. If you’re selling a property in bad shape, it’s important to be upfront about its condition with potential buyers. Be honest about any damage, no matter how minor it may seem. You will have the opportunity to review the issues you know about with your realtor. A Realtor will be able to disclose all the issues to the public.
Pro Tip: Offer a solution, Offer a credit upfront or a Home Warranty. This will incentivize potential buyers to buy your property.
Know who your buyers are.
This will depend on what kind of repairs your property needs. If your house has significant issues, a first-time home buyer is not the right buyer for this home.
Talk with your real estate agent about what type of buyer is looking for a property in poor condition. An experienced realtor will know who the ideal buyer for your property is and their buying purchasing power.
Pro Tip: Hire a local realtor because a realtor that services the Kissimmee area is an expert in local trends; they have relationships with potential buyers looking for houses like yours.
Price your home according to its condition.
The condition of the home affects the price. It’s important to be realistic when pricing your home. Consider the necessary repairs that will need to be made, and price the house accordingly. This will help potential buyers feel more comfortable with the purchase and help you avoid any unnecessary haggling over the price.
Pro Tip: Get a general contractor to estimate the repairs’ cost. It will give you leverage when negotiating offers because you will better understand what these repairs will cost.
Emphasize The Property’s Potential.
Market the property to emphasize its potential rather than its current flaws. You can quickly sell a house in poor condition with the right approach.
Proper marketing helps potential buyers see what the house could look like and expedites the decision-making process to buy your property. Having a realtor like me with creative marketing is crucial for a successful sale.
Pro Tip: Ask your realtor what is their marketing approach to selling your property before signing a listing agreement.
In summary, if you’re honest about the condition of your home and know your buyers, price it according to its condition, and emphasize the property’s potential – you can maximize profits. It may seem daunting, but our team is here to help. Call 321.697.2426 today for a free consultation on how we can help get your property sold quickly and for top dollar. Thanks for reading!
Get a free REAL home evaluation!