Many individuals and families relocating to another home consider selling a furnished home. It’s commonly believed that selling a furnished property in Florida makes it more attractive for potential buyers. While it provides you the convenience of not packing up the entire house or paying hefty amounts to the movers, selling a furnished home in Florida is not always the best bet.
Let’s look at a few reasons why you shouldn’t sell a furnished home in Florida.
1. You May Not Get the Right Value for Your Furniture
Investments in furniture can be expensive, and when selling your furniture, it’s only natural to compare the selling price with the purchase cost.
While you know that you cannot recover the full price of your furniture, you’ll still be expecting a recovery of at least 50% of your investment.
However, that usually doesn’t happen when you sell a furnished home. Most potential buyers are willing to purchase furnished home-view furniture as a complementary element of their property investment and are often reluctant to pay an additional amount for the furniture.
Hence, selling a furnished home in Florida is generally not a good idea as you cannot get a fair price for your belongings.
2. Limiting Your Potential Buyers
Selling a furnished house is a convenient solution for both buyers and sellers. However, it only works when a potential buyer is willing to purchase a furnished property.
While a few buyers may find it attractive, many potential home buyers are not looking for a furnished residential property. Typically, when a homeowner moves into a new property, they would want a house that reflects their taste and style, which is impossible when buying a furnished property.
As a result, selling your furnished home in Florida can limit the number of potential buyers for your property as it only attracts a few.
3. Your Furniture May Hinder the Buyer’s Imagination
When potential buyers visit your home for purchase, they often imagine themselves living in the house and the desired arrangement of their personal belongings. However, when your furniture already occupies all the key spaces in your home, it’s often challenging for your potential buyer to think about their desired décor and style.
It can negatively impact your home’s chances of being sold quickly.
Key Takeaways
If you plan to sell your furnished home in Florida, think again, as it may not be your best bet. Contact Megan Dowdy Realty, a trusted Orlando realtor who can help you get the best price for your property. Our experienced agents assist you at each step so you get the value you deserve for your home.
Connect today to learn more about how we can assist you in selling your home in Orlando.