Home sellers often ask: Should they stay in or vacate the home when putting their home on the market? They have reasons for selling the home vacant as well for staying in the home while it is listed for sale.
Selling a Home While It Is Vacant
1. A seller won't be at the mercy of buyers wanting to look at the home. There are no random retreats to the back yard or convenient adventures to the store with your pets.
2. The chance your home is shown to buyers increases. If an agent has 20 homes to show and 5 are occupied, they will probably show the vacant homes first. Showing vacant homes is easier. They can simply go to the home and use the lockbox, without an appointment.
3. You, the seller, feel no pressure to keep your home spotless for showings. Imagine doing that with small children, near impossible.
1. Empty homes are unattractive. Staging homes is an additional expense for sellers. Why stage? We stage so buyers can picture themselves living in the home.
2. Vacant homes may attract crime. A seller might end up paying out-of-pocket to make repairs. Most homeowner's insurance policy might not ensure a vacant home.
3. Vacant homes don't pull at a buyers heart. Buyers who fall head-over-heels in love with a home often pay more for the home. A vacant house can feel void without staging.
Reasons to Stay in the Home When Selling
1. The home shows better when it is occupied. Buyers don't have to try to second guess whether a bed will fit against a wall or if there is space in the dining room for a table. They can instantly identify the purpose of each room in the home because it's presently being used for that purpose.
2. A homeowner is present to deal with emergencies. I can't count how many mishaps happened right before closing.
3. The seller is paying the utilities. Sellers typically leave the utilities turned on, whether the home is vacant or occupied. You may end up paying duplicate bills. Buyer's agents need the utilities on for showings, the home inspection, and appraisal.
The Main Reasons to Chose Selling your Home Vacant
1. The sellers' home is simply too messy or cluttered to show while the sellers live there. The sellers might be unwilling to keep the home in turnkey condition for showing purposes.
2. The seller can afford both homes and is willing to stage the vacant home.
Under these circumstances, it's better for the seller to move out before putting the home on the market. For your specific situation, ask your real estate agent. They will guide you based on the market conditions and your circumstance.
Please don't hesitate to reach out to me directly,
Christian Robinson | Spokane Realtor
Haven Real Estate Group