Wednesday, December 19, 2007

How to Quick Sell a Fixer Upper (Once You've Fixed It Up)

How to Quick Sell a Fixer Upper (Once You've Fixed It Up)
Okay, it's time. All the hard work is finished. It's time
to sell that house or investment property you bought as a
fixer upper. You've toiled, or paid others to toil for you;
now you want to profit from a successful sale. As well, you
want to get a return on the labor costs you paid to bring
this property up to snuff.

How do you sell the place in the shortest time possible?

After all, you don't want to keep making payments on it.
It's ready for sale and that's what you hope to accomplish,
the sale. Your approach to selling quickly will determine
whether you're soon on the way to the bank... or a
therapist.

Certainly, there are concerns to selling your home or
investment property. Concerns that can keep you awake at
night. To make the selling process as smooth and painless
as possible you need to do certain things.

What to Consider when Quick Selling a Fixer Upper

* Does your sale price adequately reflect the investment
into upgrades (with profit added onto the price of the
upgrades)?

* Do you have the 'intestinal fortitude' to handle a longer
selling period in case things do not proceed as rapidly as
you wish? The thought of all that work and no quick return
can be upsetting.

* Have you investigated the market, to see what other homes
you knew were 'fixed up' are selling for in your area?

* Will you be passing real estate fee savings onto buyers?

* If advertised as 'recently renovated' can you discuss the
particulars of the renovation intelligently with buyers?
This applies to work done to your place by outside trades'
people.

There's a wealth of information available to you when it
comes to selling your house or investment property. Check
books, house and home magazines and the Internet for
information related to selling real estate. Look for
specific content on selling a newly renovated fixer upper.
Look for those who offer legitimate real estate tutorials
and systems that help you sell your home for maximum profit.

When you offer your house for sale, highlight the
improvements. Buyers want to know of recent modern upgrades
that enhance the value of the property. Kitchens and
bathrooms are rooms that buyers love to see upgraded. Make
sure these rooms receive maximum exposure during an open
house or showing, if they were the target of your
renovation.

An excellent way to flip your home or investment property
quickly is to 'blitz the market'. Don't perform a gradual
staged approach to getting the word out. Take advantage of
your own personalized system of high impact marketing.
Remember, your aim is to sell your house immediately. The
longer it's on the market the harder it is to sell. When
buyers see your listing 'still there', they may feel it's
not a desirable property or location.

You can blitz the market by:

* Talking it up, word of mouth goes a long way.

* Advertising in local newspapers

* Using the classifieds' on the web

* Using websites that promote private selling of real estate

* Distributing your own flyers, postcards, or brochures

Have your showings and open houses for a set number of
days, however many you decide; then indicate a specific
date when you will take offers. Your goal is to generate
multiple offers that could precipitate a bidding war.

Take advantage of all resources available to spur on the
sale of your house or investment property. They're out
there for you. All designed to help you quick sell that
fixer upper.


----------------------------------------------------
Jason Loucks is the Nation's Leading Expert at Selling
Houses and Investment Properties Fast and For Top Dollar.
To Discover more about his "7 Day Sale" Method for selling
properties at retail price in 7 Days, visit
http://www.7DaySaleGuy.Com .

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