Selling a vacant home is difficult because most buyers don’t know how to deal with open space. As such, a vacant home will most likely sell at a price that is about $10,000 lower. Also, a vacant home sells longer and typically sits on the market for about six more days than the furnished version.
Due to this, selling a vacant home has been a struggle for many home sellers. Fortunately, there are a few ways to make selling a vacant home less challenging. This can be accomplished by seeking the advice of a professional home stager and an experienced real estate agent. Furthermore, doing any of the following is proven effective in making the sale of a vacant home easier.
1. Boost the home’s curb appeal
One of the essential must-dos to make a vacant home for sale attractive to buyers is to maintain or boost its curb appeal. Although it’s vacant, a well-maintained home will always be a stunner to buyers, and this is because buyers can easily get attracted to what they see even at first glance.
So, if you wish to have your vacant home for sale sold soon, take good care of the property’s yard. It would be helpful if you would hire someone to mow the lawn, trim the hedges and keep the overall landscape of the house in shape. Although doing these means spending a significant amount of money, numerous studies showed that these techniques provide higher ROIs.
2. Have the house cleaned regularly
Keeping a vacant home clean is also an excellent way to increase its chances of getting sold fast. Many real estate experts strongly believe buyers have a special affection for properties free from dust and grime. Due to this, it is best to hire a service provider that will handle the responsibility of maintaining the cleanliness of a vacant home for sale and make it a lot of buyers’ number one option.
3. Keep the vacant home secured
Based on the information provided by the FBI, a home burglary occurs every 25.7 seconds, and vacant properties are the most common targets of burglars. Vacant homes with for-sale signs are among the favorites of lawless elements mainly because they are not inhabited, and stealing some of the valuables left inside the house is very easy.
So, if you are planning to sell your house but have no choice but to leave it vacant while waiting for it to be sold, ensure it is kept secure. You can do this by investing in various smart home technologies such as smart locks and outdoor camera systems that will allow you to monitor the property even when you’re away. You can also install motion-activated flood lights on the property to scare away burglars and other lawless elements.
4. Secure vacant home insurance
Securing vacant home insurance is another essential must-do that vacant homeowners should not dare to overlook. The insurance was specifically designed for vacant homes, and this covers the expenses incurred to have a vacant house that was vandalized, burglarized, or damaged fixed. Although vacant home insurance is more expensive than a conventional one, having one is definitely worth the cost.
5. Work with a reliable real estate agent
Finally, working with a reliable and experienced real estate agent is the ultimate must-do if you wish to have your vacant home for sale sold in no time. An experienced agent usually has the proper know-how to help you sell the vacant home despite the issues caused by the fact that it is vacant. Furthermore, an experienced real estate agent knows how to market this type of home and ensure you get the most out of the sale.
