Because my team and I are physically incapable of being in 10 places at once, I have a group of Sacramento real estate pros whom I can call upon to hold open my listings on the weekends. It is not really necessary for me to be present at every open house, especially when some open houses don't attract buyers, but that is a blog for some other day.
One thing I request after the open house is feedback from the real estate agents who held open the home. I want to know how many buyers came through, were they lookie-loos or actual buyers. What buyers had to say about the home, specifically. What were the good points, the bad points and how affordable is the price? Were there any improvements the buyers suggested? Because using the feedback, I can try to shape the listing to appeal to what they want.
It's becoming more common to hear that the buyers liked the home but they wouldn't buy it at ANY price because they don't want to do any work. Even homes that are perfectly fine and in move-in condition, buyers will call a fixer because there are no stainless appliances or granite counters. Buyers have always preferred homes in turnkey condition, but it's only lately that I've heard them demand upgrades. Original details are no longer appreciated. And that's pretty sad, don't you think?
Read more in my professional blog today about Flippers Rule in Some Sacramento Markets.
Certified HAFA Specialist
Sacramento Real Estate Listings
Elizabeth Weintraub is an author, home buying columnist for About.com, a Land Park resident, and a Land Park real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area. Call Elizabeth Weintraub at 916.233.6759. Put 35 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. DRE License # 00697006.
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Lyon Real Estate is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice. It could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.