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Selling a Vacant Home: Tips to Avoid Common Pitfalls

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There are some problems that come up when trying to sell an empty house that the owners may not have expected.

If these properties aren’t used every day, they can quickly become a target for theft, vandalism, or carelessness, which can hurt their sale price and ability to attract buyers.

You can make the process go more smoothly and make more money by figuring out what problems people usually have and using focused strategies.

If you’re looking to sell your vacant home fast, resources such as https://www.oneillhomebuyers.com/sell-your-house-in-portsmouth-virginia/ offer convenient solutions for sellers in Virginia.

Buyers may see empty homes as needing more care or as possible money pits, compared to homes that are already filled.

If you follow the right steps, your home will stand out in the market and you will avoid many of the problems that can stop a deal from going through.

First, make sure your home is safe and looks nice. Then, make a detailed plan to get serious buyers interested.

Along with the necessary steps for security and staging, sellers should set the right price for their home based on similar homes in the area, make any necessary fixes before listing, and use strong marketing strategies. Using all of these tactics together makes buyers more confident and increases the chances of a quick sale.

For more insights on selling any type of house throughout the region, you can also visit https://www.oneillhomebuyers.com/ for helpful tips and services tailored to homeowners at every stage of the selling process.

Secure the Property to Prevent Theft and Vandalism

Homes that are empty are easy targets for both small and large crimes. Install outdoor lighting that turns on when motion is detected and think about getting a temporary security alarm system to protect your investment.

Also, have a known neighbor or property manager check on the house often to make it look like it’s not really empty.

Regular outdoor maintenance, like mowing the yard and picking up the mail, can make it look even more like the house is being lived in.

These steps will keep people from breaking in and will help protect your home’s value and image in the local market.

Invest in Professional Staging and Photography

It can be hard for buyers to see what an empty property could be used for when it feels cold or lifeless. Strategic setting gives empty rooms warmth and purpose, which helps buyers picture themselves living there.

It’s also a good idea to work with a professional photographer. Good pictures will help your posts get more attention on websites.

Matterport says that homes with professional photos not only get more attention at first, but also often get higher offers and sell faster.

Set a Realistic Price

Choosing the right price is very important for a sale to go through. If you overprice a house, especially if it’s empty, it might sit on the market for too long and seem “stale” to buyers.

Use a comparative market study to see how your home stacks up against similar homes that have been listed and sold nearby.

When you set the price in a way that reflects the real market, you can get serious bids right away and lower the chance that the price will drop later on.

Address Necessary Repairs and Improvements

Even things that might not seem important, like a faucet that drips, walls that are scratched up, or old fixtures, can turn off potential buyers or make them give less.

Before putting the house on the market, you should do a full check and fix anything that needs fixing. Taking care of these details shows buyers that the house has been well taken care of, which removes any worries they may have about hidden problems.

Fresh paint, new locks, and a deep cleaning should all be on your list of things to do before you put your house on the market.

Develop a Comprehensive Marketing Plan

These days, people start their search for a product or service online, so your marketing needs to be broad and interesting.

Use social media, list your home on major websites, and think about video tours to reach more people. It’s important to have images and descriptions that are well-written and welcoming, but it’s also important to reach out directly through open houses and interactive showings.

There will be more people who want to buy from you if you use more outlets. Virtual open houses can help you reach more people and bring in buyers from far away or other cities.

Be Flexible with Showings

One of the main reasons homes don’t sell quickly is that showings are hard to get. Try to make time for meetings in the evenings and on the weekends, and be ready to say yes to last-minute requests.

Your agent will have more chances to make offers if you give them a bigger window of access. Making it easy for real estate agents to show homes is especially important for empty homes if you want to get the most attention.

Understand and Disclose All Property Details

Being open and honest builds trust, which can lead to a smoother exchange. Tell them about all the problems you know about, the fixes that have been done, and any paperwork you can, like inspection reports or warranties.

This honesty calms customers and lowers the chance of legal problems after the sale. Not only is it the right thing to do to follow best practices for sharing, it’s also a big part of having a good selling experience.

Conclusion

Selling a house that is empty needs extra care and a well-thought-out plan. Each step, from making sure the property is safe and looks good to setting the right price and advertising it widely, helps you avoid common mistakes and make a sale.

By using these tried-and-true strategies, homeowners can safely deal with the problems that come with empty homes and get the most out of their investments.

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