In early 2011, the Census Bureau released a statement noting that the national average for vacant homes in the U.S. rested at over 11 percent, placing more pressure on the housing market. Selling a vacant home is more difficult than selling a furnished one, in any market. A vacant home—regardless of how nice the property—can seem eerily empty and lacking in character and warmth. However, if you are trying to sell a vacant home—whether it’s a second home or a space you were unable to sell before moving to a new location—there are a few key tips that can make the process easier and help provide a quicker selling time, and a better selling price.
Attention to Detail. Once furniture is removed from a space, even the slightest imperfections become apparent. An older carpet that was once disguised by modern furniture is now blaringly out-of-date. Nail holes in the entryway or a dining room in need of a fresh coat of paint are now obvious. Spend extra time fixing up any noticeable damages, repainting, and caulking, getting new carpets, pressure washing and fixing up anything in need of repair.
Freshen up. It’s amazing how quickly an empty house can begin smelling stale and musty. Before a showing, throw open windows and doors to allow for fresh circulation, and consider some mildly scented candles or air fresheners. Remember; nothing too overpowering.
Amp your curb appeal. Since the house may be lacking inside in terms of character, make sure the exterior packs a punch. Not only should you clear clutter, children’s toys, and debris from your yard but you should also keep grass neat and repair those broken fence posts. For even better results, consider planting new flowerbeds, upgrading that tired front walk or even hiring a landscaper.
Consider staging. Statistics show a well-staged home spends 50% less time on the market. Even if you have moved all your furniture out, you may want to consider hiring a staging company that offers furniture rental. These professionals can make an empty space into a scene of warmth and comfort, removing the burden of decoration from your shoulders and easing anxiety.
Remember, potential buyers are not just looking for a roof over their head. They are looking for a place to start a new chapter in their life. You want to show them everything your property has to offer. Since vacant homes often sell for considerably less—typically 15-20 percent lower than the asking price!—taking extra precautions is worth it.
About James Moyer
