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Selling an estate home (after a death)

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Real Estate Agent with Real Estate One 6501304423

When selling any home you should clean up the messes.  But for some reason when it comes to estate homes people don't want to do anything.  Many people don't want to invest any time or money into a home to get it to sell.

What they don't realize is that they are losing money.  It is not unusual for estate homes to be Fixer-uppers.  Many times they end up selling below fair market value because there is so much work needed.  So my advice to you is to step back and evaluate the home.  Sometime simple low cost repairs can bring up the value of the house.  It can put more money into your pocket.   

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__________________________________________________________

 My quote of the month:

You are the only person that can really change your life

 

May life always treat you and your family well.............

 

Russ Ravary

Real Estate One

"Helping make your next move easier!"

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By the way if you know somebody else looking to buy or sell a home I always appreciate a referral.

 

           

 

Matt Grohe
RE/MAX Concepts - Des Moines, IA
Serving the metro since 2003

Russ: I've noticed that to be true in this area as well. Btter to have the tag sale and donate any unsold items before putting the home on the market as well.

Aug 13, 2010 04:26 PM
Robin Dampier REALTOR®
Coldwell Banker King - Hendersonville, NC
Hendersonville & Western NC Real Estate Source

The Hendersonville area has a very large retirement community and quite often we run into this issue.  The families are out of state and don't have the resources or time to deal with many of the issues.  Quite often we end up scheduling for cleaning out the homes, etc.  I have even found myself toting cleaning supplies and washing windows so I could get pictures.  I don't clean or wash windows at my own house!!  I have a wonderful woman who comes to assist in the area every other week.

Sue of Robin and Sue

Aug 13, 2010 04:52 PM
Don Spera
CR Property Group, LLC - East York, PA
Serving York and Adams County, PA

Russ, I hate to say this but sometimes the Exector's and Executrix's just have plain greed.  They don't want to spend their inheritance.

Aug 13, 2010 07:12 PM
Janice Ankrett
Burlington, ON
Staging Professional

Russ, I couldn't agree more. A lot of the investing is sweat equity spent in cleaning, sorting and tossing. Home Gain stats show how updates can reap profits. Paint, lighting, flooring etc can make a big difference.

Aug 14, 2010 04:17 AM
Marian Lake Walker
Staged 2Gain - Inverness, FL
Home Stager Florida, Home Staging Central Florida

Russ, sellers not wanting to invest time/effort or money ARE losing.

Real Estate guru Barbara Corcoran says: "For every dollar you don't spend (on preparing the home for sale) you lose three." 

Good enough reason to call in someone (like a stager) to oversee getting the necessary work done if they are not able or willing to do it themself!

All the best for your cancer walk in October.

 

Aug 15, 2010 03:34 AM
Yvette Chisholm
Long & Foster Real Estate, Inc. - Rockville, MD
Associate Broker - Rockville, MD 301-758-9500

Sometimes it is the emotional effort they don't want to invest. 

Aug 16, 2010 02:30 AM