Need To Sell Your Duplex in Joplin?

It’s easy to undervalue the amount of time and work required to sell a duplex. Many investors are surprised to learn that selling a duplex is very similar in process and principles to selling any other type of real estate. 

 Some special considerations need to be made when dealing with investment properties like duplexes. Of course, every situation will differ slightly based on how much work needs doing before it goes up for sale, whether or not it has tenants, what kind of interest it garners, and so on.

 

What Is A Duplex?

A duplex is a residential structure with two homes that share a common wall. The pair of homes will either exist on one land title and be owned and sold as a single entity or exist on separate titles and be individually owned and sold.

 

Tips To Sell Your Duplex

When it comes to selling your duplex, we got a few tips that might help you sell it faster. By following these steps, you should see some great results.

 

  • Make It Look Like A Model House

To sell a house, you have to make it look nice. Potential buyers need to imagine their stuff in the house and see what kind of life they could have if they lived there. For this reason, many investors put a lot of work into landscaping and decorating high-end houses before putting them on the market. But your duplex does not need to be a showy home – it just has to look clean and cared for.

 

  • Price Reasonably – But Not Too Much

When you acquire an investment property, such as a duplex, you will not receive back the amount you paid for it. People are supposed to earn a return on their investment so that when they sell the property, they will make more money. It would be best to price the duplex so that someone will want to purchase it, but not so cheap that they may find a better bargain elsewhere. 

 

  • Keep It Updated

You should always consider any major updates you made to the duplex, such as replacing appliances or fixtures. These updates make your duplex more valuable, and you should not try to hide them during sales negotiations by taking out all mentions of renovations in your offering documents.

 

Reach Out To Blue Haven Homes Active

If you’re looking for companies that buy houses, duplexes included—Blue Haven Homes Active can help. We seek to nurture the local community while attracting new businesses and making a substantial difference in people’s lives by offering low-cost, high-quality rental housing in Joplin, Missouri. 

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CONTACT BLUE HAVEN HOMES

Blue Haven Homes Active is a family-owned real estate investment firm based in Joplin, Mo.