What is a "fixer"?

Updated 1 month ago ​by Open Listings

In a nutshell:

A fixer is property that needs minor to major repairs, but is usually in livable condition. 


  • Fixers tend to be lower priced and less competitive in the market because they involve a greater investment than properties that require very minimal repairs.


  • Fixers typically do not qualify for conventional financing.

How do I know if a property is a fixer?

Our system recognizes keywords in a property's description to tag properties as fixers. If a property is a fixer, it will be labeled as such underneath the property address.