Many people find that flipping just one home can bring about a substantial profit. Some fix and flip homes can make people enough money so they can take a long vacation. They can make the average annual salary from just one home in some cases.
So now that you have found a property and fixed it up, here are some steps to selling it and turning a nice profit.
Decide on a Price Strategy
First things first, is determining how much you can sell your Gainesville, Florida home for. This depends on how the market is doing, comps in the area and how much work you’ve put into the house. The wrong price can attract to many of the wrong people looking to buy a home, and not enough good buyers.
Stage the Property
Staging the property is going to get you a lot more interest as people can see how a home can potentially be arranged. There’s an average of 97% of buyers who are influenced by a home that is staged.
Take a lot of detailed pictures of the property. Make sure the pictures are high-resolution and that they thoroughly depict what the inside and outside of the home looks like. Many home-buyers window shop, so you want to highlight all the home has to offer. The better the pictures, the more likely you are to get an interested buyer who will offer the full price. You can even do a drone tour or a virtual tour of the home to show people an accurate inside and outside view of the property.
Take Calls and Follow up with Buyers
Once the ads are out, people will reach out and hopefully show some interest in the property! Make sure you or the realtor are answering calls, answering e-mails and other communication buyers are initiating. Make sure you have time to make the extra trip to show a home. People will usually spend a few hours on a Sunday to visit homes that are on their wish list. You can use a lock box to place the key in if you are working with a realtor. This eliminates you having to make a trip.
Price is a term that is important but not the only one. The objective is to sell the home and not all homes and terms are created equally. Consider how much money they plan on putting down, how fast they can close, and whether there are borrower contingencies attached to their offer. When it comes to finances, the sooner it’s in your bank, the better.
This is the last step in buying a home. Coordinate a time and date that the buyer and closing agent sign a lot of papers and exchange the keys. Several days later, proceeds rom the home sale land in your account after you pay your real estate agent and other debts against the home.
Should You Hire a Realtor?
Selling your Gainesville, Florida home can be tricky and can take a lot of time and effort. This is something that not a lot of people have and that’s why they often don’t want to sell their home. [Company name} can buy your home regardless of the condition it’s in.