My fixer upper is done, now how do I sell my house?

Congratulations, you made it! Renovating your Chicago, IL fix and flip house comes with a lot of unexpected incidents, but you stuck with it and now your house is ready to sell. But, how do you sell a fix and flip property in a distressed or emerging neighborhood?

URB Chicago has been selling houses to companies flipping houses for profit in Chicago for over three decades years, and you can bet we’ve heard some stories. Here are our five best tips for rehabbers who’ve finished their reno and need to know, “how do I sell my house?”
Landscaping is just as important as your renovations

Many Chicago house flippers put a ton of work into making sure their interior and exterior house look amazing, but the house just sits on the market. Remember, the old saying that first impressions are sometimes the only impressions. The same goes with selling rehabbed houses in Chicago’s South Side and Chicago’s West Side neighborhoods. Curb appeal sells houses, and you don’t need to spend thousands of dollars to do it.

Price to sell

Ideally, you did a good job planning your house reno budget. If not, you may need to add some of that cost into your selling price. However, flipping houses for profit means fix, flip and move on. That means you need to price your house to sell rather than price your house to sell for more. Review the comps in your Chicago neighborhood, evaluate your overall cost, and price to sell for a realistic value.

Do a thorough final inspection

You want to know “how to sell my house fast?” How about you make sure that buyers won’t find small problems that question your rehab team’s renovation. Take that final walk through as if you are the house buyer. Uneven stairs, cracks in corners and arches, poor paint jobs, and more can all affect whether or not you sell you reno in April of 2020, or April of 2021.

Put money into staging

Statistics show that a staged home sells much faster than an empty one. A staged home gives the home buyer an impression that the house is lived in and provides attractive ideas on how nice their future home can look. Spending $1,000 to stage your home can pay off big. Many house flipping companies in Chicago work exclusively with interior designers who can plan, prep, and implement staging that will sell your house for more than you expected.

Use color wisely

The psychology of color plays an important role in the mood of house buyers. Color can make you feel irritated, in a rush, or comfortable and happy. Instead of laying down a bold color for an entire room, use splashes of color on accent walls. This will help you create a wow factor, rather than a whoa factor.

Finishing a rehab in Chicago, IL is exciting, but if you don’t put the effort into the right places when selling a home you will lose a lot of money. These tips will bring in the ROI when you want to profitably “sell my house reno.”

Are you looking for a distressed house for sale in Chicago, IL? Contact URB Chicago today and buy a house with no credit, bad credit, or low income.