Realtor

Selling a vacant house can be very expensive

This $499,000 listing sat on the market for over 2 years. According to the survey of Realtors, if it sold as a vacant house, the sale price would have been between 10% and 20% lower, or about $424,000.

The owner and Realtor engaged Showhomes and transformed the vacant house into a fully staged and managed Showhome. The home showed perfectly and the owner accepted an offer of $474,200 in just 5 months.

Final sale price: Estimated price vacant:	$474,200 $424,000
Value added to price by Showhomes: Additional 6% commission for Realtor:	$50,200 $ 3,120

Potential client savings:

Mortgage interest while vacant 24 months:	$39,000
Taxes, utilities and upkeep for 24 months:	$19,200
Total value added for the Home Owner:	$105,280

The Realtor enhanced his reputation for selling a "stagnant" listing at a premium price and helped raise property values in the neighborhood.

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