Putting a property on the market after you have already closed on another home and moved can present some opportunities and challenged. An empty home allows buyers to imagine their own possessions in your former space without any of the distractions of someone else’s stuff or tastes. By using a couple techniques early in the selling process you can use address these challenges and make sure that you receive fair market value on your property.
Renting Furnishings – Working with a furniture rental company can be a cost effective way to temporarily stage a home. Potential buyers will see how a space can be used without you having to actually purchase anything. Shop around to find the best price and be sure to pay attention to the rental agreement. Many companies have a three month minimum rental period. Every company has different terms, but the point here is to get your home sold quickly. You want to be able to rent for the shortest amount of time possible!
Consignment Shopping – Check consignment shops, flea markets, and other discount or close out shops for inexpensive items that will show off your space. As a bonus, you can offer these items as part of the closing which can be attractive to first time home-buyers or those moving across state lines. If the buyers aren’t interested, you can always donate the furniture to a good cause or place a couple “first come, first serve” offers on Craigslist.
Virtual Staging and Property Tours – If the thought of decorating all over again is not something that appeals to you, why not leave that for someone else? The vast majority of homebuyers find their new homes online. While an empty space is great imagining where their furniture would go, it can be confusing to potential buyers when looking at photos online.
Showing a vacant home presents great opportunities, but can also present challenges. Don’t wait until your home has been on the market for an extended period of time. Get ahead of those challenges early to make sure your home sells quickly and for the top-dollar!