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Seller Secret Episode #21 Do vacant homes sell for less money?

Thursday, November 7, 2019   /   by Gianfranco

Seller Secret Episode #21 Do vacant homes sell for less money?

If you leave sell your house vacant, buyers can’t picture themselves in it or may think you’re desperate! What do you think?


Today let's talk about 'moving out before you sell' can put you at a disadvantage. If you're looking to put your house on the market and you've already bought another house and you've moved out, and your house is vacant, this can make showings very easy, which is good, but having a vacant house shown to buyers can be a disadvantage.

So, if the buyer thinks that nobody's living there, they automatically think, oh wait, the seller is desperate. The seller has already moved out; they have to sell this house. They're motivated and they're desperate to sell this house. And they're going to use that to their advantage. Buyers are smart.  They know what things they have to do, especially if they're working with a sharp agent.

So, make sure that if you are going to move out of the house, you stage it. You put some furniture in there; leave some furniture in there and make it seem like somebody's living there, because a vacant house, it just looks like a forgotten, very sad, just kind of lonely place.

So as much as you can, if you can position yourself like that, that would be a  tip that would be helpful, and you're positioning yourself in better for negotiations.  And also having furniture in the home can help the buyer visualize what the space can look like.  So, there's a variety of reasons not leaving vacant home for sale, and that's one of them.

If you don't want to invest too much in staging and you happen to move out before you end up selling your property, there are other solutions. These days you can do virtual staging. We do that all the time. If you have any questions about these types of things, give us a call at 647-977-9752. We'll be happy to answer all of your questions.

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Watch the full video here: https://youtu.be/9oIFIIc51oA

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