Friday, April 17, 2009

How to Sell a Vacant House - not just in Daytona Beach

Everyone's writing about Daytona Beach foreclosures and short sales, and how tough they are for sellers to market and buyers to get offers accepted. This type of market is going to be with us for awhile, until the inventory of "distressed properties" is absorbed by the buyers.

If you are an investor, and bought that Daytona property to rent but it is now vacant, or if you are a seller who had to move, here are a few tips to market the Daytona Beach home for a better price.

1. Make the property looked lived-in: park a car in the driveway (don't block access to the front door), have someone open and close the drapes, clean the cobwebs away from the front entry, take in mail and old yellow newspapers.
2. Remember - there is only one chance to make a first impression. Keep the yard and exterior looking inviting, even if it just means mowing the grass.
3. If missing furniture exposes holes where pictures were hung, spots that need paint - then paint. It's worth the money! Use rugs to cover floor problems.
4. Leave some furniture, even if just an end table and lamp, a few colorful towels, a bed - these give buyers a sense of space. But it is better to leave nothing, than to leave old broken down furniture if that is all you have.
5. Keep the utilities on. If you can't pay for them, list your house with a realtor who will negotiate with your lender about the utilities. Previewing a house on a rainy dark day or in the evening without lights won't get you an offer.
6. Keep the house clean. If you can't do it, hire someone to help. Again, your price will only come down if the property is dirty and buyers feel it's a distress situation.
7. The lender will require you keep your homeowner's insurance policy in force. Check with the company so you know how you are protected with a vacant property.

These are just some basic ideas. Contact me to discuss your individual situation - don't get to foreclosure - there are options! I've handled many short sales for buyers and sellers, and just finished the course to become a Certified Distressed Property Expert. I can help!

Sherry Armstrong, Realtor
http://www.sherryarmstrong.com/
sherry@sherryarmstrong.com
http://www.daytonabeachflhome.com/
386-679-3191

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