7 Tips for Selling a House in Poor Condition

Analyze Your Property Before Listing It

Define Solutions to the Problems

A clear-cut way of dealing with the problems in your house will give potential buyers confidence that the issues can be taken care of and won’t come back to haunt them later. Although not by you, the defects and how to overcome them should be listed when you put out feelers to buyers or their agents. Many people are looking for a fixer-upper, but they want to be able to see the possibility in the property, not just the problems.

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Highlight Good Things About Your Home

Even if your house isn’t in the best shape, there are still plenty of good things about it that you can focus on when selling. Is the location ideal? How big is the lot? What kind of potential does the property have? Maybe a great view or the house gets a lot of natural light. Mentioning positives help potential buyers see past the negatives. It's a way of softening the blow, so to speak. Real estate agents are pretty solid at this, they know how to capture the essence of a home and find the unique selling points (USPs) even in the most lackluster of houses.

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Work With An Agent Who Has Experience Selling Distressed Properties

Real estate agents getting a lot of hate recently - people found them to be unprofessional in terms of communication and some even go as far as to say that they are "stupid." Bad agents cause some serious problems in the industry, and it's something that you should be aware of if you're thinking about working with one. However, good ones are still out there and if you can find a real estate agent or we buy houses fast in Louisville KY with experience selling distressed properties, they can be a big help.

Set a Realistic Pricing for the House

Pricing is tricky - on the one hand, you want to get as much money for your house as possible but you don’t want to price it so high that no one even looks at it. You need to find a happy medium; your bad-conditioned property is worth less than a perfect one, but it's still worth something. Compare your house to similar properties in the area that have sold recently (or are currently on the market) and price it accordingly.

Another way to find a good listing price is to get a professional appraisal - it gives you an unbiased opinion of your home's value and can help you set a realistic asking price.

Fix Easy Upgrades

An attractive, clean, and de-cluttered house always looks better to buyers (and is often easier to sell). Easy and relatively inexpensive upgrades like painting the walls, shampooing the carpets, or pressure washing the exterior of the house impacts the first impression a buyer has of your home. You must consider making these types of cosmetic improvements for maximizing the chances of a sale and also to get a better sale price.

Disclose Everything Up Front And Be Honest

Hiding imperfections, whether they are serious or cosmetic, will only come back to bite you later. Buyers will find out eventually (most likely during the home inspection) and feel like you weren't being honest with them. Be as upfront as possible about the condition of your house - it will make the selling process go much smoother.

Don’t Wait to Make Repairs, Consider an ‘As-Is’ Sale

Making repairs isn't always necessary, especially if they are cosmetic in nature or if you don't have the budget to do them. Repairs turn off sellers as well, they would rather put that money towards their next purchase. It is totally fine to be upfront about the condition of your house and sell it ‘as-is.’ Just be aware that you will likely have to sell it for a lower price than if it were in better condition. From job transfer to health concerns, an as-is sale can be a real opportunity for some homeowners to an instant cash sale and move on from their property. Investors, realtors, we buy houses in Louisville KY and fixer-uppers are all interested in houses that need some work - so don't rule out this option.

We know it is hard to let go of a property, especially if it holds sentimental value. But sometimes selling is the best (and only) option. Houses with extreme conditions demand extra time, effort, and money. Financial complications don't give room for any of that. You are bound to face a lot of challenges along the way, but if you are patient, stay positive, and work with good dealers like we buy houses Louisville you will find a way to get your property sold fast - and for a good price too.