I wrote another blog yesterday on Home Inspections to have it ready to post this morning (I will post it tomorrow), but as I was watching the show Selling New York (I love this show) on HGTV last night an agent was having a hard time selling a condo/apartment (we call them condo's here in Dallas) and the inside of the house was updated and looked awesome.

The problem that buyer's were having with the unit was the upstairs rooftop was raw and unfinished and the comments from the buyers were that they would like to see the seller's either lower the price or finish out the rooftop with flooring and just make it more aesthetically pleasing.

When the agent went to talk to the seller's about brainstorming on what else they could do to get the condo sold, the agent mentioned finishing out the rooftop or lowering the price. Of course the seller's were questioning why buyer's couldn't see past the raw roof deck, especially when rooftop decks are becoming rare in New York. 
The agent mentioned to the seller's that today's buyer's are "Instant Gratification Buyers" where they want to move into a home and do no work whatsoever. 


The episode ended with the seller's lowering the price since they were not on board sinking more money into the condo if they weren't going to see a nice return on it.  If I remember correctly that shortly after lowering their price the seller's received an offer and it has since been sold.


Potential seller's in Allen Tx and surrounding cities can take note that when putting their home up for sale the buyer's will look for the tiniest items and use that as an excuse not to make an offer on your home. 

 

The best thing you can do as a seller is to consult with your local Realtor (preferably The Good Home Team)  as well as a home stager who can give you advice on how to get your home ready to sell and to be presentable to home buyers. 

 

Get the most up-to-date homes for sale in Allen Tx and surrounding cities by going to www.TheGoodHomeTeam.com and take advantage of the awesome interest rates that are still available!

 

 

The Good Home Team with Keller Williams Realty is a top
producing and highly sought after Dallas Tx Realtor team that services the North Dallas
area including North Dallas, Richardson, Allen, Plano, The Colony, Mckinney, Frisco, and Fairview Texas.  Contact The Good Home Team by calling 972-468-5017 or visit us
on the web at www.TheGoodHomeTeam.com.

 

The Good Home Team

Keller Williams Realty

Nick Good- Broker Associate

Austin Good- Broker Associate/Investment Specialist

 

 

 

 

6 Comments on WARNING: Instant Gratification Buyer's can derail your home sale

JAN
07
2011
537,818 Points 6 Featured Posts Outside Blog Called Shot Master

Good Morning Nick, a very good point for the sellers to understand.

11:28am • #1
370,686 Points 10 Featured Posts Outside Blog Called Shot Master

Hi Nick: An associate from my office will be featured next week - she is a hoot - Katie - look for her movie debut!  Best, Gay

11:29am • #2
186,769 Points 1 Featured Post Localism Sponsor Attended Rain Camp

Gay - Thanks for the heads up!  I will be sure to pay extra attention to that episode.  Have a great 2011!

11:32am • #4
389,284 Points 33 Featured Posts Outside Blog Called Shot Master

It bothers me that in this market of reduced home values - homes in great condition being compared to those with fix-up necessary - buyers still want more, more, more.  If a home is in mint condition, versus a bank owned property or a short sale with deferred maintenance, the reduced price should be enough of an enticement.  I've seen too many buyers wanting prime rib at hamburger prices.

11:36am • #5
186,769 Points 1 Featured Post Localism Sponsor Attended Rain Camp

Cara - I agree with you.  Until the foreclosures and short sales start to get flushed out of our system unfortunately I think we will still be facing this.

2:09pm • #6


What does the graphic say?
Leave a response…


(optional)
Spam Prevention:
 
Tght%20nick%20picture Rainmaker_large

Nick Good www.TheGoodHomeTeam.com

Allen, TX

More about me…

The Good Home Team with Keller Williams Realty

Address: 18383 Preston Rd #150, Dallas, Tx, 75252

Office Phone: (972) 468-5017

Email Me

The Good Home Team is top real estate team in Dallas Texas. We specialize in Residential Real Estate and helping distressed home owner's to stop their foreclosure and short sale their home. Remember Interest are at all-time low's right now and it is a great time to buy and to get the latest homes for sale in Dallas go to: www.TheGoodHomeTeam.com


Listings

Links

Archives

RSS 2.0 Feed for this blog

Find TX real estate agents and Allen real estate on ActiveRain.