How To Sell A House That Needs Work

How To Sell A House That Needs Work

Selling A House That Needs A Lot of Work In Philadelphia

Video Transcript:

You might be asking this question because you own a house – a really old house in Philadelphia – or somewhere else. Maybe it’s across the country. It doesn’t matter. The same principles apply. If you need to sell a house or you’re wondering how to sell a house that needs a lot of work then you’re in the right place. Today I’m going to give you three different things you need to focus on in order to sell a house that needs work. Okay, first one:

Transparency

You need to over communicate to everybody you’re working with that this house you’re trying to sell needs a lot of work. You can’t hide it. And if you do try to hide, it’s going to slow down the process and it’s going to push many buyers away. So this means:

  • Don’t throw the rug over the crack in the concrete foundation
  • Don’t try to hang a picture over a bunch of holes in the wall
  • And don’t try to fix things on your own that you’re not qualified to fix

Okay, if your house needs a lot of work and you need to sell it then it’s going to be obvious and you need to communicate what those shortcomings are and be forward about them. This way buyers can budget for fixing them.

Access

The second thing you need to do is you need to create access to this house. Your house is listed on the MLS. Are people walking through it? Can they see where the work needs to be done? Are there any pictures that you could put on a posting or that you’re advertising this house for?

You need to have folks to be able to come and walk through the building to see where the work needs to be done, how much work, how extensive it is, the damage or the repair that they need to fix, etc.

So if you’re wondering how to sell a house that needs work in Philadelphia, then you need to have an open house…you need to have a realtor (an agent) who’s going to go the extra mile and explain to the buyers what kind of work needs to be done, why the roof is leaking, and why there’s a fresh paint job on on the back of the wall or something.

You need to give access on all different kinds, not just to the property but access the information that you have in your own head, right.

The Buyer

And number three is you need to focus on who is the buyer of this house. This is the most important one out of all three here. How to sell a house that needs work right, but how to sell a house to who? If the house needs work and you’re selling it to the right person which is an investor, then you won’t have to worry about one and two so much. The investor knows it needs works, they know you’re not hiding anything and they can tell a lot just from quickly walking through the house or a couple of pictures. It’s exactly what my team and I do here in Philadelphia, okay.

Our group is called Signature Properties. My name is Doug. I’m the owner and if you’re wondering how to sell a house that needs work in Philadelphia then you’re in the right spot because my team will buy that house from you no questions asked. All cash and it’ll be a quick and a seamless process. You won’t have to worry about all the work that needs to be done.

I hope this information was helpful for anybody that needs to sell a house that needs work. Focus on these three things. It’s going to really help you out. Get your agent aligned to these three things and you’ll do just fine!

Doug Greene

Doug Greene is a creative real estate investor, master content curator and evangelist for easier, better and more enjoyable real estate experiences for all. He owns Signature Properties, a Philadelphia real estate company that solves unique problems for homeowners and investors. His work has been featured on Yahoo Finance, AOL, Family Handyman and many more authoritative publications.

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