Fire damaged houses can be hard to sell in Middlesex, NJ. Besides the obvious fact that to sell a house with fire damage means that you will likely have to disclose all damages, it’s just not a pretty sight, period. But this doesn’t mean that these kinds of properties are impossible to sell or repair!
Here are some tips to get your property sale-ready in NJ.
Prepare to get some construction done
First of all, you need to figure out how much you’re willing to spend on construction. If you can’t afford to repair everything, don’t consider the home a lost cause quite yet. You can still put the home up for sale with some repairs done, and just disclose other issues to your potential buyers. If they’re okay with the price, they might be fine with covering some of the repairs themselves.
Here are some major areas you’d want to repair first:
- Bathroom
- Kitchen
- Bedrooms
- Garage
And while you’re at it, be prepared for the following:
Dust
A thorough cleaning will have to happen post-construction.
Lots of noise
Setbacks and delays
Follow the traditional bucket method
While sorting out your belongings, separate them into three buckets you can always refer to later.
Here are the categories you should be looking at:
Must have
Like to have
Can’t live without
Everything else that does not fit into these categories can be sold or thrown out.
Scope out your competition
A little bit of market research can go a long way! You can either scour the internet for resources, conduct surveys, or visit other properties yourself to inquire. The more you know about your competitive landscape, the easier it will be to sell your property.
Here are the following strategies you can implement:
Staging your property correctly
Show your buyers how valuable your property is
Find a reliable New Jersey realtor
If you have a little more budget on your hands, consider hiring a professional realtor familiar with the New Jersey area. These people make selling homes their full-time jobs, so they know exactly what strategies to implement in order to quickly turnover your home.
While looking for your real estate agent of choice, ask them about how they hit sales quotas in the past. Ask them about strategies they’ve implemented to reach these quotas, too. It’ll be pretty easy to see if they know what they’re talking about after a quick interview!
Decide your price
Whether you’ll be renting the property for the time being or are in the mood to sell, always look at the average listing price of houses in your area to make sure that your property is priced correctly. You don’t want to overprice at this stage, especially if your property sustained some fire damage.
Always price lower for these types of homes, unless you’ve managed to make your property look as good as new. Don’t be scared to do so, as there are always gonna be buyers out there who prefer cheaper properties.
Sell to a professional home buyer!
Do you have fire damaged homes you need to put up for sale in NJ? Or do you just have extra property you need to get rid of to turn a quick profit?
Contact us at Quick N Easy Offers for your 100% fair cash offer today! Fill up the form on our website to get started with us as soon as possible. We are looking forward to seeing your home!
