Successfully selling a home takes a lot of effort. But it takes even more patience. This process is about taking the time to consider the pros and cons of every decision. What upgrades to make, which realtor to choose, which price to set etc. Being hasty can only do you harm in the house-selling process. And real estate market is ever-changing, so it’s smart to consider something from every angle before committing. That is also applicable to selling a furnished home. As with most things, there are good sides, and there are wrong sides. It is essential to list all the pros and cons before deciding. And that is what we will focus on in this article. We will explore this topic so that you can make a well-informed decision after you finish the article.
Buyers will LOVE it
An open house is an integral part of the house-selling process. It is the time to leave a good impression and show off all the good things about the home you are selling. It’s all about helping potential buyers envision themselves living in this house. And that can be tricky when the house is empty Unless the potential buyer has a great imagination. Furniture helps the house look more like a home and can be attractive to buyers, especially if it is furnished and decorated similarly to their taste. That can help you speed up the process. But this comes worth a risk, which we will now explain.
Buyers will HATE it
As we already said, a furnished home comes with a risk. There is a chance that people will love it, but there is also a chance that people will hate it. That is a matter of taste. For some people, your home may be furnished just how they like, which will help them imagine themselves living there. For others, it can be the complete opposite. They can loathe your furniture choices and your décor, and it will be just off-putting them. You are always taking this risk with selling a furnished home, so don’t be surprised if this happens.
One less thing to worry about on a moving day
When you are putting your house on the market, moving is something that will need to be taken care of. And there are many moving day emergencies to plan for. For instance, nothing having enough cash on you at the moment and not being able to pack everything, so it can be tough to stay on top of things sometimes. But if you sell a furnished home, there will be at least one less emergency to worry about. You want to be anxious about not being able to fit all that big heavy furniture pieces into the moving van, which often happens and can be an absolute nightmare. When you sell a furnished home, you can just take your clothes and other personal items and are free to go.
It will hide the flaws
Another pro of selling a furnished house is that it will be easier to hide the flaws. When selling an empty house, everything is out in the open. Nothing will hide that crack in the wall, broken tiles, or other flaws. Your home is completely bare. And if you don’t want people to see that during the open house, you will have to invest time, money, and effort into repairing these issues.
However, if you decide to sell the house with the furniture, you will have a more straightforward solution. The furniture will help hide the flaws and distract people’s attention. Instead of seeing that hole in the carpet or damaged wooden surface, a nice couch will be positioned on it. Or you can hide a cracked tile in the bathroom with a mirror. They still might notice if they look more closely, but with furniture in there, it won’t seem so bad to them, and they will see these flaws as fixable.
It may not pay off
A downside of selling a furnished home is that it may not pay off. Unfortunately, few people are ready to pay more because the house is furnished. Especially if the furniture is outdated and just doesn’t look good. So, in a way, you might lose money. Because in most cases, even if you manage to raise the price of the house because it’s furnished, it won’t be a lot. You would probably make more money if you sold that furniture separately than this way. But you might get lucky if the furniture is relatively new and in good shape and the buyers like the style. However, you should be aware of the risks.
Selling a furnished home is quicker
A furnished home is beautiful for those looking to relocate and move into a new home quickly. And that can be very useful to you. These buyers are most likely to buy your home and give you the price you want because they are in a rush and don’t want to spend the time furnishing the house themselves. They probably already got movers picked out, so they can move in as soon as possible. According to experts at beltwaymovers.com, this is quite a common thing. So, with some luck, you can sell your furnished home quickly.
These were the pros and cons of selling a furnished home. There isn’t one definitive answer if selling a furnished home is better than selling a regular one. Naturally, there are good and bad sides to both. There is always a chance that the buyers simply won’t like the furniture, but there is also the chance they will love it. It’s always a risk. This article was only supposed to give you all the necessary information, and it’s up to you to make the best decision. Good luck!
Author Bio: Karen Edwards has written about real estate for the last decade. But in the last few years, she has switched to freelancing. She loves to spend her time writing valuable articles, doing yoga, and caring for her 6-year-old son.