These days, more people are flipping homes than ever before. Some people are having a hard time selling their properties though. Are you struggling to get your latest property off the market?
Then watch this video for a few essential tips on how you can get your flip and fix property to sell quick.
STAGE IT PROPERLY
If your house is ready to sell, make sure you stage it properly before you invite people to take a look. Effective home staging can have a big impact on the way people perceive a home.
According to 83 percent of buyers’ agents, good home staging allows buyers to more easily visualize themselves in a particular home. Don’t forget you can hire someone to stage the home for you if you’re not confident in your staging abilities.
PICK YOUR RENOVATIONS
Be careful about the renovations you choose. Focus on renovations that will increase the value of the house and make it more appealing to future buyers. You’ll get more bang for your buck if you invest in updating the kitchen, for example. Remember that small changes like new hardware or a fresh coat of paint can make a big difference, too.
NEGOTIATE
here has to be some amount of compromise when selling a home. In order to minimize the amount of money you spend on renovations and repairs, you’ll need to work on your negotiating skills. The better you are at haggling with workers and contractors, the more you can save on your renovations.
PRICE IT RIGHT
Any fix and flip pro will tell you that, if you want to sell your property quickly, you need to price it right. Pay attention to the prices for which other houses in your area are selling and make sure your house lines up with those prices. Your realtor can help you figure out the value of other homes in the area and make sure yours is priced fairly.
REMEMBER TO ADVERTISE
Make sure you’re marketing the house well. Use online listing platforms like Zillow and Trulia, and utilize local newspapers and magazines too. Don’t be afraid of social media. More and more people are beginning their home search through these platforms.
ENHANCE CURB APPEAL
Take steps to improve the house’s curb appeal too. Curb appeal is anything that people can see from the street. So make sure the lawn is neatly trimmed and raked, and fill in any cracks that are present in the driveway or walkway. You may also consider planting some flowers in the flower beds to make the house appear bright and welcoming. Painting or staining the front door can enhance the whole exterior of the house as well.
Don’t feel bad if you’re having a hard time getting rid of your fix and flip property. It’s a complex and lengthy process, but it’s worth it once you finally close. Contact us today to learn more about our lending program and see how you can fix and flip a house! And if you liked this video, make sure to like, comment, and subscribe!