PDX Renovations

Tag: #renovations

  • The Top 3 Mistakes When Trying to Sell Your Home Fast Through a Realtor

    sell your home fast

    Traditional home-buyers working through a realtor are looking for a move-in-ready home. They shy away from conditions they must fix, and look for a house that will be attractive to their friends and family as well -Sell Your Home Fast for cash.

     

    Here are some details on the top 3 mistakes sellers make when they want to sell a house fast, through a realtor, but with little preparation or investment:

     

    – The house is not current on upkeep and has important repair and maintenance issues.

    Most buyers working through a realtor expect to be able to move in without taking on fix-it projects themselves.

    But the reality of what is needed to bring a house to the realtor-marketing condition can involve far more than the current owner anticipated.

     

    A cost estimate for bringing the house up to realtor marketing standards can be a shock to the owner.

    It isn’t unusual to see an estimate for thousands, even well over $10,000, to correct deficiencies that have developed over time. But these issues can stop the chances of reasonable offers from traditional home-buyers.

     

    – The house is not well-staged with neutral colors and décor and is stuffed with too much furniture.

    They are comparing your house to others that are un-cluttered and reasonably free of the owner’s personal imprint. Even family photos can detract from the sense of readiness for their own occupancy.

    Creative color schemes and furniture arrangements may not match the taste of home-buyers in the market.

     

    Clutter and mess look like “trash” to a stranger. Shoppers and even other realtors tend to assume that clutter means lack of maintenance and cleanliness, and can definitely affect an offer price.

     

    – The house is not priced in line with the market for similar houses, in similar condition, in the general location.

    It is easy for the current owner to get a false idea of what their property is worth.

    If they do some research on their own, but fail to take into account the house’s repair condition, or what buyers are seeing in the other houses they are viewing, they can choose a price that will not bring the right buyer segment or the offers they were expecting.

     

    Another serious error in choosing a price is deciding based on what is owed on the mortgage, perhaps including a second mortgage or other debts the owner hopes to cover from the proceeds.

    The buyer’s market will pay only what they perceive the property is worth to them. They are not concerned with the seller’s financial condition.

     

    Selling quickly through a realtor often means making a significant cash investment to bring your house up to its best, in the market of other choices homebuyers can select from. It’s easy for homeowners to believe their property will bring top-dollar as-is, only to find how unrealistic this is as the house sits without offers.

  • What Types of Buyers Work with Realtors?

    My blog post “The Top 3 Mistakes When Trying to Sell Your Home Fast Through a Realtor” gives details on what causes disappointing results for sellers who were hoping to get top dollar through a realtor sale, without putting much preparation into their house.

    Why is it that buyers looking at MLS houses sold through realtors, and often working with a realtor themselves, so rarely see the possibilities and make an offer on a house with minimal, if any, marketing preparation? Why don’t they believe they can get a better sale price if they will put a little work into it themselves?

    Traditional home-buyers who work through realtors are usually not experienced or comfortable with “fixer-uppers”. They look for move-in ready homes for themselves, and want an attractive house they can proudly show their friends and family. Such buyers are likely to be intimidated by the idea of getting into fix-it projects, and they have other choices that aren’t so demanding.

    The kinds of buyers who are most willing to make an offer on houses in poorer condition do so only because they have experience and knowledge such houses. Professional house-flippers understand what they are getting into and have low-cost strategies for fixing it up and putting it back on the market to consumers.

    But professionals who value “fixer-uppers” tend to avoid working through realtors because they want to keep their costs lower. Not only could avoiding realtor commissions increase their profits, but the lower buying cost also helps keep a cushion against surprise defects that will cost them more than they planned. They anticipate unanticipated problems, as it were. When the unforeseen problem happens, they may not make as much on the house, but they aren’t as likely to lose money.

    For these reasons it isn’t realistic to list a “fixer-upper” with little preparation through a realtor and expect good offers to come in quickly. Traditional home-buyers working through realtors shy away from big projects, and prefer attractive, move-in ready houses. The professional buyers willing to take on such projects often avoid working through realtors to keep their costs down. If you understandably just want a quick, fair offer without having to invest in marketing preparation, going straight to the cash buyer or wholesaler market – especially to PDX Renovations – is your best bet.

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    Question or Prompt for Response – open ended, relevant

    Of the people you know who are not house-flipping professionals, do you think they would be willing to take on a major fix-it project for their next home?

    Call to Action

    Do you have real estate (house, lot, or land) you’d like to sell fast?  Fill out our Sell Fast Form and get a cash offer within one hour of us viewing the property. https://patient-liger-dev.10web.site/sell-house-quick/we-buy-homes-bring-us-a-deal/

  • Show It Well! Quick Checklist for Selling With a Realtor

    Checklist for Selling With a Realtor

    If you’ve decided to sell your house with the help of a realtor, here is an essential checklist to make sure your house shows well! – Checklist for Selling With a Realtor

    When selling through a realtor there is no overstating how important it is to help a home shopper decide that your house is move-in ready, will look great to their friends, is spacious, and easy to live in. Those qualities bring in offers sooner and make buyers more willing to pay a good price.

     

    Here’s a quick checklist of to-do’s to help your house show its best:

     

    • Clean up all junk and remove trash and clutter. Random stuff gives the impression the house isn’t well-maintained or clean. Of course, clearing it can be especially difficult if you no longer see the clutter that has been there for months or years. But what is “clutter” to you is “trash” to a home shopper.

     

    • Make rooms open and inviting. Remove furniture down to just a few pieces per room. Rooms over-stuffed with furniture appear smaller, not adequate for the home-buyer’s own furniture. A home shopper should be able to walk through without having to navigate around one table and footstool after another.

     

    • Fresh paint is cheap and goes a long way. Wall paint creates an immediate impression that influences everything else the home-shopper sees. It should not appear dingy and old. And, the painting will also relieve many smells ingrained in the old paint.

     

    • A deep professional cleaning goes farther than you think. It may look ‘ok’ to you, and who will notice a few specks of lint and dust? There is no knowing that a home-shopper is hyper-sensitive to cleanliness, or thinking about a family member’s allergies. Cleaning removes smells, as well.

     

    • Get rid of all smells that are not pleasant. If you have pets, you do have smells. You may need a neighbor or the realtor to tell you about smells if you’ve become accustomed to them. Do research on smell-removal techniques and even get professional help to clear away old, lingering smells from pets, cooking, crafts, stored items, and especially smoking.

     

    • “Staging” rooms with furniture and just the right touch of décor is a great strategy for appealing to home shoppers. Look through lifestyle magazines and watch HGTV for ideas. Don’t overdo it, though, and definitely let your realtor and even a professional stager guide you!

     

    Home-buyers don’t just evaluate the financials and school districts! Often the final decision is an emotional one, choosing the house that appealed to them the most. Make your house attractive by reducing the negatives and enhancing the positives, and you’ll attract better offers, and sooner!

     

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    Question or Prompt for Response – open-ended, relevant

    What appeals to you the most when you visit someone’s home – décor; cleanliness; space; or something else?

     

    Call to Action

    Do you have real estate (house, lot, or land) you’d like to sell fast?  Fill out our Sell Fast Form and get a cash offer within one hour of us viewing the property. https://patient-liger-dev.10web.site/sell-house-quick/we-buy-homes-bring-us-a-deal/