How to Sell An Unconventional House?

If you are trying to sell an unconventional house, you probably already know it is not quite as simple as selling a traditional, run-of-the-mill property. You’ve probably put in a lot of effort to develop and maintain a unique piece of real estate, but your end-buyers might not immediately recognize the value that your property holds. It is your (and your realtors’) job to market the house as the one-of-a-kind jewel that it is; to present the property in a good light, so that prospective buyers can recognize the value that you clearly see.

If you are wondering that how selling an unconventional house should be different from selling a simple house then do have a look at the following:

• An unconventional house would be priced higher than a usual house.
• The maintenance costs would be high in an unconventional house.
• An unconventional house would have less number of prospective buyers.

After you’ve learned that selling an unconventional house is far more difficult than selling an unconventional house then you must be wondering about how to get started with the process. You must know that there are 3 main ways of selling an unconventional house. These are mentioned over here: 1. Do it yourself 2. Hire a Real Estate Agent 3. Sell it to a Real Estate Investor We have tried to describe every method in detail in this article so that you can sell your house in the least possible time and get the true monetary value of your house.

1. Try To Sell It Yourself

Repair it: When you are trying to sell an unconventional house, you must make sure that no part of it needs repair. The house should grab the attention of the buyer and hold it. So you should make sure that every inch of the house is up to the mark.

Make it presentable: When you are about to sell a unique house, you should to make it look its best. You should clean the house, furnish it and add a perfect décor to it. This would help the buyer to get tempted to buy it as soon as possible.

Fix a competitive price: Even though the price of an unconventional house is bound to be higher than any common house, you should not fix the price too high. Rather you should do some research on the kind of house you are selling so that you can ask for an appropriate price.

Take good pictures or videos: When the buyer is not from the same locality as yours, you should try to send some amazing pictures or videos of the house to him. A walkthrough video explaining everything about the home would be the best. It would help the buyer to see the house from your perspective.

Use your personal network: You should use your personal network of friends, family and professional associates to get the word out that you are interested in selling your house. This would help you to get hold of genuine buyers rather than the people who waste your time.

Exploit the Internet: You should use the internet to sell your house. Make sure that you enlist your unique house in every online directory. It would also be smart to sell your house by using social networking sites like Facebook or LinkedIn. There are also several websites that would help you to sell your unique house online without charging any money from you.

2. Hire a Local Real Estate Agent

If you have tried and failed in selling your house yourself, you should consider hiring an experienced real estate agent who has a lot of contacts. Here are a few tips on hiring a real estate agent.

Find a certified Agent: You should seek only a certified agent who has some experience in selling unconventional houses. This would help you ensure that you would get hold of some prospective buyers with the help of the agent.

Honest opinion: You would also get honest and out of the box opinion on your unconventional house. The real estate agent would point out the flaws of your house before a showing which would save you from embarrassment. For example: If you have chosen some poor quality curtains, the real estate agent would advise you to get rid of it before the showing.

Fix the prices on the agents’ advice: You would also get an idea of fixing the minimum expected price from the real estate agent.

Get help in the legal areas: The real estate agent would also help you to get done with the legal tangles of buying and selling of your house by using his own contacts.

Get assistance in negotiations: The real estate agent would also help you to get the best deal for your home by negotiating on your behalf.

Manage the showing even when you are busy: The real estate agent would also assist you by showing your home to the prospective buyers even when you are travelling or busy at office.

Things to consider while hiring a real estate Agent

Cost factor: The commission of real estate agent may increase the cost of your unconventional house.

Lower Price: You may have to settle for fewer prices than you expected as some real estate agents close deals too fast in order to get their own commissions.

Immediate Showings: The real estate agents may pressurize you to initiate too many showings or may ask you to hold a showing when you are not comfortable. Imagine having to hold a showing on your kid’s birthday.

Clash of interests: The real estate agent may not want you to use your personal network or online portals for listing as it may cut down on his commission.

No personal touch: The real estate agent may only be interested in the commission. So he may not care to check the buyer’s background thoroughly.

The Real estate agents may hurry: The real estate agent may force you to close a deal instantly and you may end up regretting the deal later on.

3. Sell it to a Real Estate Investor

Another viable option that must be pursued by you when you wish to sell your home that is unlike none other is to seek a real estate investor. The pros and cons of seeking a real estate investor are listed over here:

Minor repairs: The real estate investor would only ask you to do minor repairs at your home. His expectations from the house and its functioning would be minimal as he would not stay in the house for long.

Value for money: The real estate investor would also offer you the correct money value for your unconventional house. He may not bargain or negotiate the price at all.

Instant Payment: A good real estate investor would also be ready to offer you instant payment. He would also offer to pay you in any way you want, be it an online transfer or cash payment.

Fast closing of deals: The real estate investor would also like to acquire the property in least possible time. He may want you to close the deal as soon as possible.

Experience: The real estate investor would have a lot of exposure on closing such deals. He may guide you through the buying and selling process especially if you are selling a property for the first time.

Things to consider while seeking a Real Estate Investor:

Rarity of investors: The most common problem faced by a seller is to find a genuine real estate investor. There are only a few investors who are interested in buying an unconventional house so you need to pull up your sleeves and start a very lengthy search to find a genuine real estate investor.

Fraud Cases: You must know that there are a lot of frauds out there who may cheat you. So you must check the credentials of the real estate investor on your own before initiating any kind of deal. You should know that it is not necessary for a real estate investor to procure any certification or license. So he has full control over what he wants you to know about his background.

More Negotiations: Though most of the real estate investors would want to buy the house as soon as possible but there are some who would like to negotiate the prices. These kinds of real estate investors would want you to reduce the price of the home because you are not doing any major repairs on the home.

No personal Touch: The real estate investor my want to turn your home into a tourist spot or a resort or may even plan to sell it further. So once the deal is done you cannot expect the new owner to keep treasuring the unconventional home like you did.

Hopefully, these tips will help you sell your unconventional home faster and for more money; keep in mind that popular real estate appraisal websites such as Zillow and Trulia will probably not give you an accurate estimate of how much your house is worth.

Building and maintaining a non-conventional house has required lot of time, effort and money from your part; as such, you should be remunerated accordingly. At the end, a house is worth what someone is willing to pay for it, so make sure you present your house’s unique features willing to pay a premium for and not as unsightly distortions from the neighborhoods norm.