A damaged home in Durham can be a nightmare to sell. Most buyers are not interested when there is visible damage on a listing, preferring homes ready for immediate occupancy. However, if they have the time, inclination, and finances to take on a project, some buyers may take a chance and toss an insultingly low number out to see if it sticks, which can be rather disheartening for sellers. The longer a listing lingers, the more likely the sellers will realize a lower final sales price.
If you’ve got a damaged home and want to make the sales process less stressful while earning the most profit, read on as we explore six smart tips to help you sell a damaged home in Durham.
Pricing
Pricing a damaged home can be tricky. You don’t want to price it too high, as buyers will be turned off by the damage. On the other hand, you don’t want to price it too low and leave money on the table. Consult with a local real estate agent to determine a fair market price. One of the easiest ways to sell a home is to list it at the right price. Professional buyers like those at Jiffy Offer can help you understand your current market value. Our professional buyers at Jiffy Offer are happy to help you determine the right price to sell a damaged home in Durham. At Jiffy Offer, our professional buyers are local investors who know the Durham real estate market and can help you understand your competition, which plays a role in determining the price.
Don’t Hide Anything
Be honest with potential buyers about the damage to your home. Don’t try to hide or downplay the damage, as this will only make buyers suspicious. Be upfront about the repairs that need to be made and provide documentation of any repairs that have been done. Remembering the legalities of disclosure laws is our next tip to help you sell a damaged home in Durham. Professional buyers like those at Jiffy Offer can help you understand the potential expenses and timeline to correct any areas of concern. At Jiffy Offer, our professional buyers work with a team of skilled tradespeople and professionals to provide reliable data for their offer. At Jiffy Offer, we practice total transparency and lay every detail on the table for sellers.
Minor Repairs
Fix what you can before you put your damaged home on the market, fix what you can. Repairing cosmetic damage such as peeling paint, broken tiles, and leaky faucets can make a big difference in how your home looks to potential buyers. Another tip to help you sell a damaged home in Durham is to improve the appearance by making minor repairs. Professional buyers like those at Jiffy Offer can help you understand where to focus your repairs on gaining the most from your investment in your damaged home. Our professional buyers at Jiffy Offer want you to agree that their offer is fair. At Jiffy Offer, we’re your neighbors who live and work alongside you here in Durham, and we want to make a deal you’ll feel good about long after closing.
Targeting Your Market
While your home may be damaged, it may also have potential. Highlight the unique features of your home and its location, and focus on how it can be restored to its former glory. Use before-and-after photos to demonstrate the potential of the home. Understanding your target market is our next tip to help you sell a damaged home in Durham. You’ll want to find cash buyers who purchase homes needing repairs or total rehabilitation. Professional buyers like those at Jiffy Offer can alleviate your concerns about making repairs because we buy homes as-is for cash.
Know Your Options
Consider selling as-is. If the damage is extensive and you don’t want to invest in repairs, consider selling your home as-is. This means that you won’t make any repairs, and the buyer will take the home in its current condition. Selling as-is can attract investors or buyers who are willing to take on the repairs themselves. Gathering the information on your selling options is the next tip to help you sell a damaged home in Durham. If the extent of the repairs is minor and you have the time, finances, and emotional fortitude to tackle the job, it may be well worth the additional profits you would realize. Professional buyers like those at Jiffy Offer will help you compare your profits from listing vs. a direct sale. At Jiffy Offer, our professional buyers will help you determine which works best for your circumstances, even if it’s listing with an agent.
Jiffy Offer
Our final tip? Selling a damaged home can be complicated, so it’s important to hire a reputable real estate agent who has experience in selling damaged properties. They will be able to guide you through the process and help you get the best possible price for your home. A direct sale to professional buyers at Jiffy Offer is the smartest way to sell a damaged home in Durham. At Jiffy Offer, our professional buyers make it easy to sell a damaged home fast, with a guaranteed closing date you can select. The pros at Jiffy Offer work with a full-service in-house team of professionals to make the process efficient. At Jiffy Offer, sellers never pay commissions or closing costs. Call Jiffy Offer at (919) 324-0891.