Selling a house isn’t as simple as listing it on the market. It requires work and time, especially if the property already needs exterior or interior repairs. The problem is that renovations can be costly, and if owners don’t currently have the budget for fixing the issues, they’re most likely have to deal with delays. Also, much like purchasing your first home, the speed of a sale will be impacted by market seasonality and competition. It can be a complicated process, and sellers can only expect stress and frustrations along the way.

Do you have a home that you’d love to sell, but you’re worrying that there are too many repairs that have to be implemented and that no one would take the risk of buying the property?  Well, keep in mind that many houses really have issues. That being said, even if yours needs lots of repairs, it doesn’t mean that selling is already out of the question. You can even sell your property as-is to we buy houses companies, like Four 19 Properties, if you want to make the whole process fast.

Here’s a detailed look at how you can avoid stress and successfully sell your home even if it needs repairs:

1.) Only Fix The Major Elements In Your Property

There are cases wherein a full repair isn’t really necessary. What you can do is to focus on fixing the most expensive and important items on your repair list. Electrical work, a new HVAC system, re-piping, foundation, and a new roof are some of the essential elements that may be included on your list.

Going for major repairs will likely increase the value of your property. That’s the most effective way to sell your home fast if you’re looking to take the traditional sale route. Of course, non-traditional routes include accepting a cash offer for your property from companies like Gem State Cash Offer, but that requires a separate discussion.

What’s certain is that if a house requires new owners to take care of significant repairs right away, traditional home buyers will most likely avoid purchasing it. Traditional buyers will usually hire an inspector since most of them worry about getting into a home that has significant repairs awaiting them. You can expect them to negotiate for you to lower the price or do the repairs first.

2.) Choose A Good Agent

If you prefer to sell your property the traditional way, you definitely need a good, licensed agent. The agent will handle the promotion and marketing of your house. Working with an agent lessens the stress associated with the sale since you’ll have someone who’ll advise you throughout the process.

If you’re planning to make repairs, an agent can also tell you how to correctly get your house spruced up so it will be ready for buyers. Making the information and photos of the house available to the public, as well as organizing viewings for potential buyers will also be taken care of by the agent. Real estate agents can also introduce you to property auction companies if you want to sell your home that way.

Simply saying, the responsibility of the agent is to ensure that everything pertaining to documentation and money is in order throughout the process of selling your property. However, note that they will take about 6% of your home’s sale price in exchange for their work. Are you willing to take that cut?

3.) Sell Your House As-Is

Listing a house as-is signifies to potential buyers that even if you’re aware of your home’s state, you won’t be making any changes to the property. Of course, those who will opt to purchase an as-is house already have an understanding that there won’t be much room for negotiation post-home inspection. These buyers are willing to take a bit of a risk. Now, how do you get this type of buyers to bite?  Well, it’s a matter of being very strategic with the listing price. As much as possible, keep it low enough so that people will still see your property as a good deal. Another option is to sell the house as-is to we buy houses companies.

4.) Consider Cash Offers For Your Home

As already mentioned, one way to avoid the stress that comes with selling your property is to accept cash offers for it from companies or investors who are willing to purchase the house even without the necessary repairs. You only need to provide some details about your home, and they’ll give you a competitive cash offer. There’s no stress since you don’t have to list the property or work with an agent anymore.

Final Thoughts

Keep in mind that figuring out the best thing to do if you’re planning to sell a house that needs some repairs isn’t something that should be done overnight. Carefully weigh the pros and cons of every option at your fingertips. Will it be more cost-effective to take a price drop just to sell your property fast?  Or, covering the repairs yourself is a better idea?  If the former is what makes more sense for you, don’t hesitate to check out we buy houses companies in your area or find someone interested in fixer-upper homes.