Selling An Investment Home Is Different From Selling Your Own Home
For over 15 years we have helped people with the sale of their investment home or homes. Selling an investment home is different from regular home sales in a number of ways. Some of the major differences are:
The home often sold vacant |The owner may live out of town |Communication with the owners |Supervising preparation for sale|Repairs may be needed after a tenant leaves|Decisions need to be made to sell as is or fixed up
Let’s examine each issue and how we can help
The Investment Home Is Often Sold Vacant
The investment home often goes on the market after a tenant moves out. Investment homes typically go on the market with bare white walls, empty rooms and bare floors.
Selling a home is very visual, both 0n the internet and when a buyer enters the home. This is why decorate the home to make a good first impression. Our decorations include kitchen accesories, towels in bathrooms, eat in tables and china, Also accent rugs and wall pictures This makes the home warm and inviting, not empty and desperate to sell.
Next we take excellent photos. We have the needed cameras, lenes, lighting, and photo editing software to make your house look great in print and on the internet. The decorations add color and interest to the pictures.
Nothing is worse than photos of dark, empty, and distorted and leaning walls, The buyers fist visit to the house is from pictures on the internet. If the house does not pass the internet test, the home will not be visited. Your home will have cell phone codes on the sign rider for those who are driving the neighborhood and want to view the interior pictures
The Owner May Live Out of Town and Communication of Updates
No owner wants to left wondering about the status of their home. To this end we set up a web based notification board. Regardless of time zones, vacations, and location you can see how many people visited your home in person and online.
Supervision of Clean-up and Repairs if Needed
As a free part of what we offer, we can supervise cleaning the house, removing items tenants left behind and making repairs. We have used the same cleaners, trash-out crews and contractors for the last 15 years. They are honest, licensed and bonded. I use their services at my own home. Our team gives them a lot of business and they take care of our clients first. Updates will also be posted on work being done in preparation to putting the home on the market.
Of course you are welcome to handle this part yourself as many investors have their own vendors of choice.
Decisions About How to Sell The Home
Selling an investment home presents several options as to selling the home: A quick cash sale (the lowest price), as is (medium price) or some type of renovation (Highest price). See why the renovated home is of such value to an end buyer here
We can provide you with a market value of each option and cost estimates for repairs, renovation costs and market preparation. In this way you will have sufficient information to make the decision that is in your best interests. For those who are inclined, we can co-ordinate market preparation, paperwork, contracts and settlement without traveling.