I just finished reading an excellent blog by Kate Hart where she mentioned wallpaper and it reminded me of one of my most favorite wallpaper stories. I had a friend who was a Realtor. She was planning on moving out of state and even knowing how slow the market here had become, she waited longer then I thought she should to list her house on the market. She was so certain that her house would sell quickly and she didn't want to risk selling too early and having to rent something while her new house was being finished. She had asked my opinion of what she should do to her house, but for every piece of advice I offered, she had a reason as to why she wasn't going to do that. One of the home's biggest downfalls was the very dated and very loud patterned wallpaper in the kitchen. She had made some minor repairs, but she was absolutely adamant that she would not remove that wallpaper.
The house sat on the market about a month and she decided to lower the price by $5000.00. She was growing anxious because a number of people had viewed the house, but no offers were being made. It had been a while since we had seen one another and when we finally did run in to each other I asked her how the house sale was going. She was very irritated and said she had to drop the price again by another $5000.00. She then told me that she knew what the problem was...it was the wallpaper. She then ranted and raved about how she was over it and although she knew the wallpaper was probably the biggest deterrent, she was not going to take it down and that "they", (the buyers) were just going to have to get over it. She then looked at me and said if you only knew how much I paid for that wallpaper...I said well I'm guessing at least $10,000.00. The look on her face was priceless...you could have knocked her over with a feather. She finally got it.
It was an eye opening experience for both of us. I was completely amazed because she was an agent. Yet when it came to selling her own property, she couldn't remove herself enough from it to be objective and to make the changes that needed to be made. The cost to remove the wallpaper and paint the kitchen a nice, neutral color would have been quite a bit less then the first price reduction.
When the new home owner's took possession of the house...the very first thing they did was get to work on ripping down that very expensive wallpaper.
$10,000 wallpaper.... I wonder if she now understands some of her stubborn clients better?