NO PET POLICY HURTS RESALE

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Real Estate Agent with Excellent Service Realty

A RESALE FACT: If you live in a condo or community that does not allow pets, then you have axed at least half of your potential buyers. Can you say wow? So my advice to you is to not buy into a building that does not allow for cats and dogs. It just does not make good business sense. A no pet building will make it much more difficult to sell. How about these statistics from the National Humane Society: DOGS: There are approximately 77.5 million owned dogs in the United States. Thirty-nine percent of U.S. households own at least one dog Most owners (67 percent) own one dog Twenty-four percent of owners own two dogs Nine percent of owners own three. CATS: There are approximately 93.6 ... See Moremillion owned cats in the United States Thirty-three percent of U.S. households (or 38.2 million) own at least one cat Fifty-six percent of owners own more than one cat On average, owners have two cats (2.45) More female cats are owned than male cats (70 percent vs. 65 percent respectively) Twenty-two percent of owned cats were adopted from an animal shelter Cat owners spent an average of $203 on routine veterinary visit. So you can see that way more than half the U.S. population have either a dog or a cat. Do you really want to axe more than half your potentials buyers ? Barry Smith, Keller Williams Realty, St Petersburg, FL FLRealtorBarry@aol.com 727-773-6677

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Rainmaker
2,051,838
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

Barry

Good point pets are important to people

Feb 12, 2010 07:45 AM #1
Rainmaker
765,750
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Barry,

Thanks for the post. Unfortunately, HOA boards get litigation leery and begin creating by-laws that sap the joy of living from your bones. An unfortunate, miserly trend that should be reconsidered, in my humble opinion.

Feb 12, 2010 07:56 AM #2
Rainer
77,940
Bob Harris
BHG Real Estate III - Charlottesville, VA
Charlottesville VA Real Estate

Barry,

Argument can just as easily go the other way. More and more families have at least one person, who is alergic to animals. It's getting harder and harder to sell a home that has had an animal living in it. It's not as bad, but almost as bad as a house that has had a smoker.

Bob Harris http://erealtr.com

Feb 12, 2010 07:58 AM #3
Rainmaker
342,804
Elizabeth Bolton
RE/MAX Destiny Real Estate Cambridge, MA - Cambridge, MA
Cambridge MA Realtor

Hi Barry ~ I definitely agree that a blanket prohibition against pets rules out too many buyers for no good reason. There's a building near me that I would love to buy in some day but I can't since it's no pets allowed.  And I'm not sure that I want to live with 300+ people who don't like animals.

But I would happily buy a condo in an association that didn't allow dogs. Dogs are a pain in the neck to live near in a way that other pets aren't.  My indoor cat will never bother anybody and pets like ferrets, hamsters, etc won't either.  I still remember - with aggravation not fondness - the barking dog that lived in the condo complex where I did.

Liz

Feb 12, 2010 09:35 AM #4
Rainmaker
655,882
Bob & Carolin Benjamin
Benjamin Realty LLC - Gold Canyon, AZ
East Phoenix Arizona Homes

You are correct - we experienced this personally when we tried to sell a rental in a building that had changed to no-pet from the time we had bought it-- many would be buyers came and went and were not interested once they learned it was "no pet".

Feb 12, 2010 11:31 AM #5
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