Should You Repair House Before Selling Or Should You Consider Selling ‘As Is’
The answer to this Gordian knot lies within the real estate market and with the sellers agent. Your estate agent can give best advise you on the marketing condition, after which you can weigh down your chances of a good return on investment.
However, if we look deep into the matter, putting in too much money on the repairs is not a wise decision. You might put attention to details that may go unnoticed by the buyer. When you go around asking to find a realtor to sell my house, make sure you get in touch with an experienced one who knows the working of house selling.
Selling Your House in Its Present Condition
If your house is inhabitable with holes and leaks impossible to fix with a coat of paint or a layer of cement, then fixing it up is being a loggerhead. Such homes attract only contractors and flippers as you won’t be getting enough to compensate for the changes.
What Attracts Buyers, Fixed Up Homes or Fixers
There is a mix of people who go for homes that require just a little fixing up and those who go for fixers as they cannot afford an expensive house. And then there are those who want to fix up the house and make a profit on it.
The sellers agent should know well about that when putting up the house on the market. However, the truth is not many would want a house that typically needs to be torn down to its foundation. You would have to stage your house cleverly to get your house sold, but a few fixes will be required.
Things to Consider When Fixing Up
The brainy sellers know that they must weigh the cost of the repairs against the homes market value, after the improvements and before making them. Any improvements that won’t payback should not be considered. Go for things that would carry the highest return, such as the kitchen and baths.
It is wise to make a tour around your neighborhood beforehand to know what the buyers would expect of you. Make a list of amenities in those houses and compare them to your house. Concentrate on the factors that Do need an upgrade and would earn you more profit.
Do not go overboard by installing cutting-edge designer appliances or tearing down the whole kitchen, just a minor touch up to impress the buyers. The sellers agent is usually clever enough to recommend such things.
Secondly, list down all the defective parts of your house too. The few things that get noticed and should be repaired are:
- Cracks in the walls
- Dirty or worn carpeting
- Broken glasses
- The curtains and coverings
- Leaking faucets
- Fans and lights
- Malfunctioning appliances
There might be more things that you should improve or repair if you are looking to get paid right for your house. Not all the buyers are looking for fixers. Leaving all the repairs for a buyer ruins your market reputation. For those of you whose house is uninhabitable and in deplorable condition as for a realtor to sell my house who help out with ugly houses. Of course, you won’t be paid well, but your house will make a quick sale.
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