There are many benefits for banks. The most important of them being ‘the better your property shows to potential buyers, the faster it sells’. It’s a known fact that when a property is ‘vacant’ it can take up to 2 or 3 times longer to sell. The fact is, most buyers find it very difficult to envision their furnishing in a house that is vacant and thus tend to purchase homes that are currently occupied. The reason for this is because they ‘connect’ much faster to a property when it has a ‘lived in’ feel to it. The only way a property can have this is when someone actually lives there and is ‘tending’ to it.
Our ‘Texas HomeTender’ program is a unique service. We’re dedicated to finding quality hometenders or ‘resident stagers’, who poses exquisite furnishings to better show vacant or foreclosed bank owned properties. We’ll take care of utilities, landscaping and pool chemical maintenance, FREE of charge. That’s correct. There is no charge for our service. The property is kept ‘show ready and clean’ at all times. Our hometenders will always leave the property during scheduled showings. Property lighting will be left on during showings so that potential buyers can easily see the interior details. It’s really a win-win for all Banks involved in our program. Financial institutions are excited about our program and it’s easy to see why. Our program helps them sell vacant foreclosed properties faster. This service is absolutely Free of charge.
A vacant or foreclosed ‘bank owned’ property tends to deteriorate at a much fast rate than a lived-in property. When that happens, the market value of the property drops at an alarming rate. In some cases these properties don’t even have utilities on and that leads to a stale or stuffy home. When a potential buyer goes to see these homes they are uncomfortable during the showing and will not take as much time to thoroughly view the property. Do to the short time inside the home they will more often decide to not make an offer. They will move on to the next ‘more comfortable’ property in which they can spend quality time. The more time a potential buyer spends in a home the higher their chances are of connecting with it and making an offer.
Also, there is the issue of squatters. Vacant or foreclosed properties can be a welcome sign for squatters. Due to their ‘non manicured landscape look’ squatters can easily tell that no one lives in the property. They sometime take up residency during the night. Often they steal whatever they can from the home. Please don’t allow this to happen to your property. Potential buyers will offer pennies on the dollar when the properties appear ‘vacant or uncared for’. Call us today.
