Facing the challenge of selling a vacant or abandoned property in Peoria can feel completely overwhelming, especially if you live out of state, need to sell quickly, or simply don’t know where to begin. Finding buyers for neglected properties is particularly difficult, as they often require significant work to restore. Fortunately, Central Illinois House Buyers, Central Illinois’ neighborhood revitalization specialists, is here to help you sell your property efficiently and hassle-free while contributing to community improvement.
At Central Illinois House Buyers, we don’t just buy houses—we transform them. We purchase properties outright in their current condition, eliminating the need for you to make costly repairs or renovations. As renovation experts committed to neighborhood revitalization, we see the potential in properties others overlook, handling everything from acquisition to restoration so you can focus on moving forward.
If you’re considering selling a vacant or abandoned home in Peoria through traditional methods, here are eight important tips to consider:
1. Get a professional appraisal
Before listing your property, obtain a professional appraisal to determine its fair market value. This crucial step ensures appropriate pricing if you decide to list on the MLS, though keep in mind that vacant properties often appraise lower than occupied, well-maintained homes.
2. Clean up the property
First impressions significantly impact potential buyers, so thorough property cleanup is essential. This includes clearing debris, landscaping maintenance, and addressing necessary repairs. You’ll likely need to invest in repainting, flooring work, and potentially major systems repairs—costs that add up quickly for vacant properties.
3. Stage the home for potential buyers
Consider staging the home to showcase its potential to buyers. While basic furniture and décor can make spaces more inviting, professional staging yields better results but comes with substantial costs—an additional investment on top of renovation expenses for a property you’re trying to sell.
4. Take high-quality photos of your property
High-quality photography is crucial when listing your property online to highlight its best features and attract potential buyers. Professional photographers who can capture compelling interior shots and aerial drone footage will showcase your property effectively, though this represents another expense in the traditional selling process.
5. List the property on multiple platforms
To maximize exposure, list your property across multiple platforms including Zillow, Trulia, and Realtor.com. While some agents include multi-platform marketing in their services, others charge additional fees, further increasing your selling costs before seeing any return.
6. Be flexible with showings
When selling a vacant property, flexibility with showings is important. Be prepared to accommodate potential buyers at various times, including evenings and weekends. While showing an empty house is logistically simpler, maintaining a vacant property during the selling period adds ongoing costs to your budget.
7. Consider working with a real estate agent
While selling independently is possible, vacant and abandoned properties present unique challenges. A real estate agent experienced with similar properties in your area can provide valuable guidance, but remember—successful sales with a Peoria agent typically come with thousands in commission fees, further reducing your net proceeds.
8. Sell Your Peoria House Directly to Central Illinois House Buyers
For a straightforward solution that avoids these complications, consider working with Central Illinois House Buyers. As neighborhood revitalization specialists, we purchase properties as-is and handle all renovation details, allowing you to move forward without the stress of traditional selling.
At Central Illinois House Buyers, we understand the unique challenges of selling vacant or abandoned properties. Our team brings years of experience not just in buying properties throughout Peoria, but in transforming them into quality housing that benefits the community. We’re committed to creating reasonably priced rental and resale opportunities while helping you resolve your property situation efficiently. Contact us today to discuss how our approach to property revitalization can provide the best solution for your specific circumstances. (309) 306-1077