Solutions To Concerns When Selling Your Home

When it's time to sell your home, you probably have concerns. You may be wondering how you will be able to sell your home even though it's a bit outdated or you spent too much on upgrades. There are always concerns, but your house is likely sellable if you hire the right real estate agent.

Selling a home in Charlotte is all about the right marketing approach. It starts with an honest real estate agent willing to tell you what to expect. Then, it continues with the right marketing strategy to put the home in front of the right buyers. Here are the answers to how to sell your home when you have a specific concern.

It's Outdated

You've thought about updating your home, but you haven't had a good opportunity. Financially, it just wasn't in the cards and now you need to sell.

An outdated home isn't the preferred choice of many buyers, but there is still a market for this type of home. However, you will likely need to price your home based on the current condition or it will be a struggle to sell.

It's also important to make sure it's incredibly clean. There may be a few small and cheap updates you can do that will make a big difference, too.

Make sure you hire an agent with experience selling outdated homes. If they know what they are doing, your home has a fighting chance of getting sold within a reasonable timeframe.

Not the Best Location

Maybe when you purchased your home, it was an up-and-coming neighborhood. Years later, it never made it out of this category and now it's not the most desirable location. However, this doesn't mean you cannot sell your home.

There are ways to make your home desirable enough that it makes up for the undesirable location. Great curb appeal, an immaculate interior and any upgrades you can provide will go a very long way to overcoming a poor location.

You Have Pets

Pets leave an odor and they leave hair everywhere. Just because you own pets doesn't mean you cannot sell your home. This is an obstacle you can certainly overcome.

A good agent will start by advising you to have your home professional cleaned and, if possible, remove the pets from the home. If that's not possible, limit their access to just one area of the house. This will make it easier to clean up after them when it's time to show your home.

Broke the Bank on Upgrades

Maybe you invested thousands of dollars into upgrades, and now you need to sell. You love your home, but you're worried about how much you'll get back after everting you've invested.

While you cannot just take the value of your home and tack on the cost of the upgrades to create the perfect listing price, you can recoup some of the money you spent. As long as the homes in your area have similar upgrades, you won't have to worry about the struggles of an over upgraded home.

It's hard to say whether you'll lose money compared to what you paid for the upgrades, as every house is different. However, the upgrades will likely make it easier to sell the home for the fair market value.

Your Home Needs Repairs

Whether it's a new roof or something less expensive, a home in need of repairs can be a bit more difficult to sell, but not impossible. You have the option to get the repairs done before listing, but if this isn't possible, you may need to concede a bit on the list price.

Make sure the home is incredibly clean and stage it properly for showings. You have to be honest about the repairs as they will come out during the home inspection, anyway. Speak with your real estate agent and find out what a fair adjustment is compared to the market value and you should still be able to sell your home.

You've Got Liens

Liens make it very difficult to sell a home. They won't remain a secret and the Title Company will find those pesky liens. You'll be hard-pressed to find a buyer willing to pay for any of your liens, but you can still sell your home.

Even if you cannot afford to pay the liens before closing, you may be able to hold the money from your anticipated funds to pay off the liens. This will reduce the amount you get back after the sale, but it will pay off the liens and allow you to sell your home.

Mold or Termite Damage

Nobody wants to buy a home with mold or termites. If this is the situation you're in, you either need to repair the damage or sell your home in the condition it's in currently. Buyers won't offer as much, however, as they will be the ones footing the bill to fix the issue.

There are several concerns you might come up with that may stall you from listing your Charlotte home for sale. Concerns are not deal-breakers, but instead, they are arrows pointing a good real estate agent in the right marketing direction.

Buyers of all types are out there. While a perfectly updated home is preferred by many buyers, there are buyers seeking a deal or looking for the right home, even if it needs a little TLC. Don't be afraid to speak with your agent and find out what you need to do to get your home sold, even if it has an issue or you have a concern.

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