Special offer

Why Selling Your Vacant House is a Mistake

By
Home Stager with Showhomes- St. Petersburg

Home owners don't realize how much harder a vacant home is to sell. In today's market, you have to win the beauty contest. Vacant houses simply underperform staged homes and the increased sales price provides an excellent return on what staging costs. Choosing to stage your home should be an easy decision in today's market.

Take a look at its top five reasons why selling a vacant house is often a mistake in today's market:

 

1. People don't simply buy houses; they buy the next chapter of their lives.

This is an emotional experience and emotion influences what people buy and how much they will pay. Vacant houses are devoid of life, and the chance to make an emotional connection is lost.

 

2. Vacancy distracts buyers from looking at the house itself.

They wonder: "Is this a divorce?  Why did they move out? Are they selling because they have money problems? Is this home hard to sell?" They'll make a low-ball offer, thinking the owner is desperate.

 

3. When a house is vacant, buyers focus on flaws.

They look at nail holes, carpet wear and gaps in the molding rather than how the space works. In a vacant house, floors, walls and ceilings are all buyers see. This drives the price down.

 

4. People can't visualize how furniture fits.

An empty bedroom might appear awkward or a living room might seem cavernous. Some spaces might confuse buyers because a use is not obvious. Buyers are derailed and move on to the next house.

 

5. Vacant houses don't show as well as staged and occupied homes.

Without people, even the best home quickly looks and smells vacant. Dust settles, leaves scatter, and stale smell spreads. These cues often shorten the showing time, leading to fewer sales.

 

www.showhomesstpetersburg.com

Kerry Knudson
Cherry Creek Properties, LLC - Colorado - Castle Rock, CO
Broker, Realtor, SFR

Hi Elayne ~ Your comments are spot on!  It's so especially hard not only when the home is vacant but when the utilities are off as well.  Being empty, cold and unlit just make the poor homes so much harder to sell!

Apr 20, 2010 07:27 AM
Elayne Wooding
Showhomes- St. Petersburg - Saint Petersburg, FL
Showhomes St Petersburg

@ Kerry...Thanks for your comment. It's so nice to hear from an agent who totally understands the business!

Apr 20, 2010 07:30 AM
Kerry Knudson
Cherry Creek Properties, LLC - Colorado - Castle Rock, CO
Broker, Realtor, SFR

Hi Elayne ~ I definitely understand it and I very much respect your home staging profession.  Thank you for helping spread the word about how to most effectively sell homes!  :)

Apr 20, 2010 07:46 AM
Constantine Isslamow
RE/MAX Eastern Realty Inc. Brokerage - Peterborough, ON
"Training and Accountability"

Thank you for posting and sharing your very informative article.

Wishing you continued success.

Apr 20, 2010 07:58 AM
Elayne Wooding
Showhomes- St. Petersburg - Saint Petersburg, FL
Showhomes St Petersburg

@ Constantine..Thank you! I hope you can use these talking points with your sellers.

Apr 20, 2010 01:06 PM
Cathy Lee
CL Design Services Home Staging - Danville, CA
ASP, IAHSP, RESA Danville, CA

Very good points Elayne!

Apr 20, 2010 04:40 PM
Leanna Putman
Shanna Selections, LLC - Enfield, CT

Good post, Elayne.  All so true.

May 20, 2010 04:37 AM