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Ok home sellers, this article is an awesome example of why you should replace old tired items rather than give a credit to home buyers. The new carpet in this example totally changes the look of the room. Home buyers might not have the vision of what just a carpet can do.... so show them......
I find that most clients do not want to spend the money up front to buy new carpet much less have the hassle of moving all the furniture. It is easier for them to give a carpet allowance or reduce the price. I understand that but I cannot say I agree.
What I find is that many times the buyer cannot get past the ugly or worn carpet. It sends an instant message that the home is outdated or not taken care of. Plus, many buyers want "move in ready" and they can get it now with the amount of inventory on the market.
I also get the argument from homeowners that "this way the buyer can get what they want". If the seller gets a nice neutral carpet it doesn't matter. It's new, it's fresh, it's clean and the buyer can always replace it with hot pink carpet if they like but at least they don't have a reason to reduce the price.
Here is a prime example; I got a call from a Realtor to do a home staging consultation on a home that was on the market and getting horrible feedback. I made numerous suggestions, most of which the homeowner implemented and it looks like a different home. One of those suggestions was replacing the carpet in the Master Bedroom.
The homeowner had replaced the carpet up the stairs and the hallway but stopped at the Master Bedroom to save money and the hassle of moving all the furniture out. They were offering a carpet allowance instead. I told them my thoughts and STRESSED the importance of actually replacing it. They followed through and here is the difference. The room looks twice as big and you do not notice the outdated furniture as much.
I also advised them to take down the veils on the windows to open up the room and show off their wonderful wooded lot.
So......what are your thoughts? New carpet or carpet allowance?
Rooms With Style
A Home Staging and Redesign Firm serving the entire Minneapolis/St. Paul metro area.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.