Selling a home is an important financial decision for any homeowner. Whether it is a sale of necessity, such as relocation, hardship, or the sale is due to a change in lifestyle, the bottom line is the property needs a new sold at the highest price possible, and the faster and easier the sale the better for all parties.
Once the homeowner makes the decision to sell, they need to get the property ready to bring to market. While some homeowners choose to list a house “as-is”, most realize they can increase equity and sell it for more if they renovate and improve its overall curb appeal. Most homes can get by with minor rehab, but that equates to more items on an owner’s “To Do” list, and many aren’t interested in the actual hands-on part of the project. Most people are too busy with work, family and other areas of life to become contractors or a part-time handyman and most don’t have the expertise to even find a handyman, let alone figure out how much to pay them. They need help, and that is where we come in. We offer a Fix’n’List service to relieve homeowners of the hassle of getting their property market ready.
Fix’n’List is just what it sounds like: a property gets fixed up, is listed and then is sold. The best part is that the property owner doesn’t have to worry about any aspect of the project. They don’t renovate or remodel anything because we handle everything. We hire and manage the contractors. Whatever the job demands, we solve the problem. From start to finish, our team oversees everything to make sure the job is done right. Here is a snapshot of what we offer:
- Painting/Stucco Repair
- Remodeling (kitchens, bathrooms, etc.)
- HVAC repair or replacement
- Window repair or replacement
- Renovation financing
To Improve or Not Improve
If a person is house hunting, and they like what they find, the question we often hear is “Won’t they buy it even if it has a few character flaws?” While it’s true that some buyers don’t mind a fixer-upper, especially those who want to remodel or design the house in their own style, most buyers want a move-in ready place, especially families with children.
Sellers who skip an upgrade here or there or eliminate home improvements altogether can save time and money before listing the property, but selling houses as-is tends to reduce the purchase price. That means the seller does not realize the home’s full value, which limits their proceeds. As for buyers, even those with the skills or experience of a home remodel may opt out of a big project that requires a lot of time, energy and additional costs to what they’re already shelling out to purchase the place.
Those looking to sell for more can benefit from using our Fix’n’List service to get their house “market-ready”. Here are just a few reasons why pre-sale home renovations are a good idea:
- Increases value of home resulting in a higher selling price.
- Move-in ready homes typically sell faster.
- Many of the issues to fix or rehab are relatively minor and won’t take much time or money to resolve. Even a small design change or minor fix, such as a new coat of paint, can improve the look of a house and increase the value of the home, which can improve its salability.
- Every homebuyer obtains a home inspection to verify the property condition. A renovated home will have fewer issues to address while in escrow whereas a home in need of repair will result in additional costs to the seller or a price reduction.
- A home in need of repair does not provide a favorable first impression. Too many negatives can trigger buyers to pass on the property.
- Improved curb appeal gives the real estate agent more positive selling points and consequently a greater ability to negotiate terms favorably on your behalf.
Sell for More with Fix’n’List
Increasing a home’s value is clearly the best reason to get a property in its best condition before it hits the real estate market. Move-in ready places sell better, faster and for a higher price. Thus, having someone guiding you in preparation for a sale makes sense for those hoping to get as much money as possible.
Think of it another way: a home seller will either pay now or later. If a repair is necessary the issue will certainly show up during a home inspection. Buyers are likely to ask for a reduced price or credit as a result of the required repair, and the more issues there is the more leverage a buyer has. If there are too many repairs, the seller can risk the buyer walking away. Going back to market means more mortgage payments and more maintenance costs, further eroding the seller’s proceeds. Furthermore, there is no guaranty the current asking price will be matched by a future buyer.
Bottom line- selling a home can be stressful. The addition of packing, moving and coordinating a real estate closing add significantly to an already busy schedule. Considering what repairs and improvements to make to maximize value on top of that is more than most can handle. The key is to be proactive, renovations take time and effort. We can take away the headache and stress of doing it yourselves with our Fix’n’List service. Allow us to create a plan on how to obtain the best price for your home!