A couple of Blog posts ago I put the question out there:Since home buyers love to look at photos on the Internet and many buyers eliminate homes without photos is it appropriate to put photos of homes that need lots and lots of TLC?
The trend of the comments was: Yes, it was a good idea to put photos of the house as it exists in the marketing materials. The concept is to keep from wasting the time of both the potential buyer and the Realtor. Who wants to go to a house that needs a lot of work when the buyer isn't really up to it? The thinking is that if the photos tell the story, the Seller might just get the right buyer earlier rather than later.
So, I took the plunge. I took photos of the interior of a home that needs quite a bit of work. I've seen worse and I've seen lots better. I'm lucky in the sense that the Seller has agreed to price the home aggressively - well below comparable sales in the neighborhood. This should allow puh-lenty of room for someone amenable to a FHA 203(K) type mortgage or even a CASH buyer. The potential is there, the numbers should work. Now, it's just a matter of whether the photos really help eliminate people who really aren't interested and saving them and their Realtors valuable time.
By the way, since the price is so attractive I actually got a couple of calls from Realtors the first day it was in the MLS even though there is over 2 feet of snow on the ground. Since the house is empty, I toodled on out with my snow shovel to clear a path and placed the video on the Maryland Suburban Homes blog. Just wanted to toot my own horn a bit.
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