How to successfully sell a vacant property

Looking to sell your property but it lacks all the furniture and mementos that make a house a home? Plenty of buyers seek evidence of a family living in and loving the property for sale and seeing examples of what furniture works here.

This can make it a task and a half when it comes to selling a vacant property.

Want to know how to enhance your chances of selling your vacant property successfully?

With the right advice and strategies from the right Perth real estate agency, it’s easier than you would think.

Read more from the Perth property management team at Thought Leaders Real Estate, to find out.

Check your policies

One of the first thing’s you should do whether you’re the landlord of the vacant property, or homeowner who has already upped, left and moved into a new abode, is to check your home insurance documents and policy.

You might just find that your coverage changes when you no longer live in the property.

Let both your insurance company and your lender (if applicable) that you intend to move out or have already. Why? Because they’ll both be interested to see if you have taken some precautions and extra measures to keep your property free from damage.

Deter the uninvited

If you’re wanting to keep your property free from damage, you will want to deter the uninvited – even if the house is vacant.

Here are some great ideas to do so:

·       Set up some lamps on timers at the vacant property, to make it appear as if someone still lives within it.

·       Keep tabs on your vacant property by doing regular drive-by’s, and in-person inspections to make sure the doors are locked, and deliveries are picked up ASAP.

Another thing most vacant property owners don’t consider is to tilt the slates of window blinds up. This will ensure passers-by can’t physically see that the home is vacant, but light still filters in for (wanted) visitors to the property.

Keep on top of maintenance

Just because you, your family or your tenants don’t live in the property anymore, doesn’t mean maintenance should be ignored.

Maintenance not only helps securing your property against vandals, but it can also ensure your property isn’t damaged because of poor maintenance.

Examples of maintenance for vacant properties:

·       Run the water in bathroom, kitchen and laundry taps

·       Run the dishwasher,

·       Flush the toilets

·       Dust surfaces

·       Keep the gardens in good presentation.

Remember, unkempt gardens and unclean interiors can all decrease your property’s value and therefore selling price.

Stage it successfully

Staging your home can really make a break a sale – particularly for emotive buyers.

Here are the popular tricks that you can try during home inspections:

·       Placing plants (artificial or real) throughout the property

·       Candles or air fresheners that smell like freshly baked cookies

·       Putting a wine bottle and two glasses on the kitchen bench.

Also, on your property listing online, you can ask your Perth real estate agent to put virtual furniture to bring some life to the vacant property.

Ready to sell your property?

Enlist the experts.

Contact Thought Leaders Real Estate for efficient property management services to enhance your chances of a successful sale.