4 Reasons Why Real Estate Rehabbers Resell for a Premium

Have you ever seen a property transform in your neighborhood by the hands of a real estate rehabber? In my neighborhood a real estate investor purchased a home last year with serious deferred maintenance. In as short as five weeks, he turned the doghouse in my neighborhood into a little gem and it quickly sold for a premium. All of my neighbors were in absolute amazement at the transformation of the house.

We make rehab loans to real estate investors so that they are able to do such projects. I love to see the ‘before’ and ‘after’ photos of these properties. But aren’t you curious as to why real estate investors like these can earn premiums on these properties? Here are some important reasons why:

1.A Genuine Knack for Finding Niche Neighborhoods: Real estate rehabbers have a talent for finding properties in the most sought after neighborhoods where property listings last days or weeks at most. These are the opportunities for the highest price premiums.

2.Home Staging: Adding furniture, art, and other elements of style are what home staging is all about. Check out a recent blog post we wrote about using home staging to sell a home fast and for a price premium: http://privatemoneyutah.com/hire-home-stager-help-sell-home/

3.Giving a Contemporary Feel to a Property

4.Patience

If you’re considering selling a house this year and want to get a price premium, study up on some of the tools of the trade used by successful real estate investors and read the entire post on this topic here. http://privatemoneyutah.com/real-estate-rehabbers-can-resell-properties-premium/

What other tactics and tools have you seen by real estate investors to get a price premium? Please share with us here.

Posted by Corey Curwick Dutton