People often ask our REALTORS® if it's a better idea to list their Southport homes for sale after everything has been moved out and it's vacant. The reality is that homes can sell just fine either way. Sometimes the seller's situation requires one choice over the other, and there are advantages and disadvantages to both. If you're not sure what might work for you, consider these pros and cons.
Reasons for Selling a Home Vacant
There are a lot of reasons selling a vacant home might be the best or only option for a seller. These are just a few of the reasons a home might be vacant:
- Relocation out of town or out of state
- Elderly homeowners that have had a sudden change in their living situation
- Home that needs major renovations before selling
- Homeowner has health problems, mobility issues, or a disability that would make it difficult to leave for showings
Pros of Selling a Vacant Home
- When a home is empty, it's easier to schedule showings. The owner won't need to interrupt their routine or leave the house to accommodate showings. It can essentially be shown any time that is convenient for the real estate agent and potential buyer.
- Don't have to worry about daily cleaning and maintenance. A home that is up for sale has to be extremely clean, and all those little daily tasks like tightening loose hinges and replacing lost drawer pulls need to be kept up with. If that isn't possible, selling after the home has been vacated may be a better option.
- The buying process can move faster. Some buyers need to get into a home as quickly as possible. So a vacant home is just what they need. No waiting for the current owners to relocate.
- Some buyers can see the potential of a vacant home. They find it easier to envision their belongings and paint colors with a blank slate.
Cons of Selling a Vacant Home
- Crime risk. Vacant homes can be targets for break-ins or worse. Securing the property and making sure it looks like someone could still be living there are good ways to make sure the home doesn't look like an easy target.
- Damage risk. Weather, water, and pests all can cause significant damage to a home. When a home is vacant, you won't be there to notice any problems. That means small problems may become big ones. Your agent will certainly let you know if they notice anything, but you may want to have someone check up on the property occasionally if you're unable to do it yourself.
- Keeping up the curb appeal. Unfortunately, vacant properties still need to have the lawn mowed, the leaves raked, and other outdoor tasks completed. Your home still needs to make a good first impression on buyers.
- Some buyers need to feel the warmth of an occupied home. Some feel vacant homes with empty rooms are cold and impersonal, while an occupied or staged home has more of a human element. They feel more of a personal connection.
In the end, you can get your home sold quickly and at the right price whether it's currently occupied or vacant. Margaret Rudd & Associates can help make that happen. Contact us today to get started.