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Sometimes there is no way to avoid selling a vacant home in Denver. If you have had a sudden job transfer or need to leave the area quickly for one reason or another, you may have to leave your house vacant while you are trying to sell it. This will leave you at a disadvantage, however, since a vacant house will usually sell 30% to 50% slower than a house that is occupied.
Why occupied homes sell faster
1. When a house has furniture in it the buyer can imagine what the house would look like if he moved his furniture into it. It is easier to visualize living in a home with your family if you can see how it is being presented with another family’s furniture. The furniture shows the purpose of every room and how it can all fit together. 2. A vacant home will show all of the imperfections. They will stand out like a sore thumb because there is nothing to move the eye away from them. A house that is in need of a lot of repairs will show its obvious faults to the buyers. On top of not being able to visualize the home completely due to lack of furniture, the faults show up and the house takes longer to sell.
You can also expect to receive a lower price on an on occupied home versus a home that is lived in. You may lose as much as 5% to 6% of the selling price that you could expect if the house was furnished. Selling a vacant home is definitely something to avoid if at all possible.
Staging the home
One thing you may want to think about is staging your home while you are away. There are professional home stagers that can put some furniture into the house to make it look occupied. Even a small amount of furniture can help produce a sale faster. Your Denver Realtor can help you find a reliable and trustworthy staging company. Selling a vacant home in may be unavoidable at times and you will need to talk to your Realtor about your options. An agent may suggest staging the home for a better price. This recommendation will be based on the amount of the staging itself compared to the price increase you could expect to see if it is sold with furniture in it.
It will be less expensive to pay a stager than to reduce the price and it will sell faster.
Buy or Sell with Chris and Patty Clark Denver, Co
If you would like for us to send you properties on a daily or weekly basis just call or email us and let us know your wants and needs. We will match them with a home you love and with monthly payments you can afford. We specialize in first time home buyers.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.