How To Find The Right Buyer For A Fixer Upper

Posted by Gurpreet Ghatehora on Thursday, May 10th, 2018 at 10:33am.

Selling a fixer upper homes in Edmonton can be a challenge for you. These days most people want to move in ready homes that have lots of fancy upgrades. So it can be tough to find buyers who are willing to consider a fixer-upper that has loads of potential but also needs a lot of work. Here are a few ways that you market a fixer-upper in order to find the right buyer to take on the challenges of a home that needs work:

Find Historic Home Lovers

Fixer upper homes for sale in edmontonStart a Pinterest board for historic homes or follow some Pinterest users who post often about historic homes. Look for historic home groups on Facebook. Actively look for people online that appreciate classic details in a home and might be willing to put in some work on a fixer-upper that has great original features like hardwood floors or original woodwork or exposed brick. People who love the craftsmanship and design of older homes won’t be scared of taking on a few DIY or renovation projects and they will enjoy bringing the home back to a beautiful condition.

Look For Budget Minded Buyers

Another group of Edmonton Home buyers that might be interested in a fixer-upper home is buyers who are on a tight budget. Buyers who have large families or want a lot of space but can’t afford a new construction home in the suburbs are usually willing to look at fixer-uppers that have a lot of space. They don’t mind having to put some work into the home if it’s going to have all the room they need for an already large or expanding family. Fixer-uppers located in zones with great schools are always going to have buyers that will take on the work of fixing up the house in order to be able to afford a home in a good school district.

Read More : How To Market A Fixer Upper Home

Look For Commercial Buyers

Another group of buyers that are usually not put off by fixer upper homes is commercial buyers. Buyers who want to buy income property or who want to flip houses are looking for homes they can get at bargain prices, fix up, and either rent or sell again quickly. Usually, they have the resources to put into fixing up the home fast and making it look great for a new renter or a new buyer. So if you have a fixer-upper listing that isn’t moving reach out to some commercial buyers and see if they are interested. If the price is fair and reflects the cost of the work that needs to be done many commercial buyers are willing to take a chance and buy the home. If the upgrades it needs are just cosmetic you can almost always find a commercial buyer that is interested in the home.

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