subject: When is the Best Time to Advertise when You Rehab Homes? [print this page] Everybody knows that marketing plays a vital role in the career of investors who rehab homes. It is what helps them find profitable fixer upper homes and handyman specials that they can renovate for profit. It is also the one that enables them to recruit worthy members of their rehabbing team. And most of all, marketing is what allows them to find generous buyers who will pay handsomely for the rehabbed houses.
Marketing is an important aspect of any real estate investing niche. When used effectively, it can help investors find and close lucrative deals. However, you've got to be mindful of your timing, especially when marketing for a completed rehab project. It is because if you're not careful, you may ruin the capability of a rehabbed home to attract potential buyers.
So when is the best time to market a fix and flip project that you have completed? Is it after you buy a fixer-upper home? Or is it while the repairs are on-going?
According to veterans in the business of rehabbing homes, you shouldn't start your marketing pitches right after you buy the house from its original owner. As you may know, first impressions are important when you rehab homes. What a buyer sees first can significantly influence his decision to buy the property eventually. So unless the home buyer is a real estate investor who can look past a property's initial appearance, you should avoid marketing the property before its pre-rehab condition because it might scare potential buyers away.
You should also avoid putting a "for sale" sign on the yard while the repairs on the property are still on-going. Buyers inquiring about the property, as well as curious neighbors and passersby, may distract your workers. In addition, you might encounter unnecessary delays should the local building code enforcers decide to drop by at your property unannounced. This is absolutely counterproductive.
Thus, if you don't want distractions ruining your rehab schedule, you have to ensure continuous work by advertising the property when the renovations are about 95% complete. This way, the members of your rehabbing team can stay focused on their tasks and you'll get to earn your profits as scheduled.
Want to know more nifty hints and tips on how to rehab homes? If you do, visit www.Rehab-Real-Estate.com. The website has all the learning resources you'll need to boost your knowledge on fixing and flipping properties and investing in real estate.
When is the Best Time to Advertise when You Rehab Homes?
