Do you have a fixer-upper property in Lawrenceville that you want to sell now? We buy houses in Lawrenceville Georgia and we can help you make that happen. If you jumped into the roller coaster ride that is the fixer-upper business and realized it wasn’t for you, or you suddenly find yourself burdened with a property that needs tons of repairs, here’s how you can sell your property. We are experienced, local homebuyers in Georgia and in this article we cover 4 ways to sell a fixer-upper property.
4 Ways To Sell a Fixer-Upper House in Lawrenceville GA
1. List It With a Real Estate Agent
Most houses are sold by a real estate agent. But agents are rewarded handsomely for their services, with commissions around 6%. Your profit margin on your fixer-upper takes a big hit when you have to pay this commission.
One thing to keep in mind about real estate agents and home buyers in Lawrenceville is that buyers mostly are searching for traditional real estate listings, meaning they are looking for houses that are move-in ready today. If your fixer-upper is not in top shape, finding a buyer through a real estate agent may be tough.
Agents tend to focus on properties that have curb appeal and look like new, beautiful homes. If your house doesn’t fit in this category, agents may bypass it for other more attractive properties. Trying to compete against “beautiful” properties with your fixer-upper, which may be a little rough, means it probably won’t get the attention it deserves.
2. Fix it Up
Multiple reality TV shows scream “You can transform your fixer-upper in one afternoon!” With fancy editing and the magic of video, you get to watch a home go from a junker to a gem in 30 minutes. If you have a fixer-upper in Lawrenceville, be aware that what you see on TV is mostly for entertainment purposes. Professionals make it look easy.
If you are new to fixing up houses, be sure to investigate the risks with this type of property. Costs can quickly spiral out of control if you have minor repairs that suddenly turn into major repairs. And if you are trying to update an older house so that it is more in-line with newer construction homes, costs may be overwhelming.
The reality about reality TV shows is they often are not reality. Unless you have a great construction team, or you have a construction background yourself, you can quickly find yourself in over your head unless you do careful planning and understand the true condition of your fixer-upper property. Unanticipated repairs can turn into thousands of dollars in additional expenditures, especially for structural issues and other systems such as HVAC, plumbing, electrical.
While fixing a house yourself, you will be burning lots of time–perhaps several months–when making the upgrades and repairs. In the mean time, you will be making loan, taxes and insurance payments. And dealing with construction, contractors, government and permit issues isn’t exactly fun for most people.
Before you undertake a DIY fixer-upper project, get a professional inspection, and make sure you know how you will get out of the project if things start to go bad.
3. Sell on Your Own
The clock is always ticking. No surprise there. But what you may not think about until you own real estate, is that every day costs you money just to hold a piece of property. Even if a house is fully paid for, you still have fixed costs like insurance and taxes. But most people also have a loan that may be costing several thousand dollars per month.
When you have a fixer-upper in Lawrenceville, you are spending big bucks each day to hold that property. If you decide to sell the house yourself, be sure to factor in how long it will take you to get it sold. Most homes are sold through an agent because agents have specific knowledge that you may not have about how to sell property. Any they can usually sell a house faster than a non-agent.
Plan on spending some money to pay for advertising, signs, flyers, etc. Getting the word out about a house isn’t supper easy if you can’t list it on the Multiple Listing Service (MLS) where agents post their client properties. Only agents can use this venue to advertise, and this is where most people look when they want to buy a house. Finding a buyer with advertising on the MLS can be a challenge.
If you don’t know how to deal with negotiating and real estate paperwork, selling your property can be difficult. You may make mistakes that cost you thousands of dollars. You may need a real estate attorney to review your contract. If you make major mistakes, you may kill a sale completely, further delaying your sale.
When you sell a house yourself, all of these things take time and cost you money.
4. Sell to Resideum
Resideum is not a real estate agent or broker. We are real estate buyers. That’s what we do all day long. We buy houses.
We can help you sell a house fast in Lawrenceville. Because we buy houses as-is, the risk is ours if undiscovered problems are found in the house after we buy it. You can walk away from all the repairs that must be done.
Sell your house to Resideum without paying a real estate commission. Just send us a few details about your house and we will make you an all-cash offer in about 24 hours.
We can close as quickly as 7 days, so you get out from under the burden of any payments you are making. No more waiting and wondering and worrying about repairs, payments, taxes, etc.
Let us make you an offer, without any obligation. You decide if it is right for you. If you agree, we’ll start the quick process and get money in your hands in just a matter of days.
Sell My House In Lawrenceville GA
We are Georgia home buyers and we offer cash for houses in Lawrenceville in any situation. If you have any questions whatsoever about how to sell your house in Lawrenceville and the surrounding areas, don’t hesitate to reach out to our team! We will make the process simple so you can quickly sell your house in GA and move on!
We’re dedicated to staying on top of the game! Resideum, LLC is successful because we make it easy for our buyers and sellers! We’ll do all of the work while you’re enjoying your earnings! Make a wise choice and start working with Resideum, LLC. Send us a message or give us a call today to learn more! (678) 710-6130
Greg Kurzner, is CEO of Resideum, Atlanta’s Professional Homebuyer company. Greg has been a force in Atlanta real estate for over 30 years. He has been involved in the sale of over 1 Billion in real estate transactions in his career and consistently ranks #1 in sales by units by Atlanta Realtor Association. In addition to Greg being a licensed real estate broker, he is also a licensed general contractor and a nationally-recognized expert in investment real estate.
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