But what if you can’t or won’t to fix your house? A dated, unrenovated, or unloved property can sit on the market for months, driving down the price.

Fixers might have been appealing a decade ago, but today they’re leaving buyers cold, said McKenzie Ryan, a Compass agent in New York City.

“Ten years ago, most people wanted to add value and put their own stamp on it,” she said. “Now that’s been such a change, especially with millennial buyers – they want a finished product. They don’t want to invest in sweat.”

For homeowners who don’t have the money or time for a renovation, new options can help sell a property at no cost.

Renovations before the sale with no upfront costs

Some real estate agencies, like Compass, Coldwell Banker and Keller williams, offer renovation services at no up-front cost to their clients. Businesses then recoup the cost of the renovation from the price of the house after it is sold.

Ryan was hired to sell a two-bedroom, two-bathroom condo on Manhattan’s Upper West Side after the owners were unable to sell it with another agent at a list price of $ 1.3 million.

Feedback received by sellers was that potential buyers would be more interested in the home if it was updated.

So, with the owners, Ryan is fixing it. The service of his company, Compass Concierge, faces the cost of home improvements. The condo will be painted, the floors will be sanded and stained, the kitchen cabinets will be painted and will receive new hardware, and a bathroom will receive a new vanity, a new floor and a light fixture. Once all the renovations are complete, the condo will be put back on the market for $ 1.395 million, a price that will more than offset the cost of the renovations.

“When I did this with properties, my listings sold faster and at a higher price compared to similar properties in the building,” Ryan said.

Sell ​​quickly without presentation

Many investors – called instant buyers or buyers – advertise quick cash offers for “ugly houses”, often at lower than market prices. They flip properties at a profit, sparing sellers the hassle of costly visits and renovations. Even real estate companies, like Zillow and Red tuna, have ibuyer divisions that will make a cash offer on a home – often unseen – based on the location and specific attributes of the property.
Sundae, a Southern California-based real estate company, buys homes with a quick cash supply, then renovates and returns them. After a representative performs an in-person appraisal of a home which is then analyzed by a construction cost expert and an appraisal expert, Sundae makes the seller a cash offer.

Homeowners can sell as is, free of charge, repairs, cleanings, or viewings, and can also get up to $ 10,000 cash advance on the sale in advance to help with the move, if needed. Some closures took place in as little as 10 days.

“When people come to us, we assess three things: do you have the money for the renovations? Do you have time ? Do you have the know-how? Said Josh Stech, CEO of Sundae. “If the house needs a little too much work, selling at Sundae may be a good option.”

And Stech said sometimes people need a hand to hold, because a quick sale is often brought on by some unforeseen life event.

“A lot of times people are under duress,” Stech said. “They’re going through an unfamiliar, high-stakes transaction and there’s usually a move, divorce, or death involved.”

Selling the house without showing up – especially for people with serious pet issues, a history of hoarding, or real estate sales in which family members may not be nearby – may be the most important part. attractive to some sellers.

Sundae can make a quick bid on dated and unloved homes, and make renovations the homeowner can't or doesn't want.

For many people, he said, what happens at home matters even when they walk away.

“They want a family to live there,” Stech said. “They want to see the house have the kids and the dog running around the yard like they remember 30 years ago. They just can’t do the work to make it happen.”