Well, NO we did not buy a home with 1950's appliances! AND YES, we want to sell our home with 1980's appliances!

Reblogger Jennifer Fivelsdal
Real Estate Broker/Owner with JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 10491201242
https://activerain.com/droplet/XZ

I thought this blog post written by Judi Barrett was very timely.  Many sellers are hoping to get their home sold in the spring for top dollars.  If you have an older home or as we say in the real estate industry a dated home, here are some reasons you won't get top dollars unless you upgrade appliances and do a bit of remodeling.

Original content by 1~Judi Barrett 141871

Well, NO we did not buy a home with 1950's appliances! AND YES, we want to sell our home with 1980's appliances!

 

We've all gotten the call from someone that has been in their "new" home for 30 years.  They still think their appliances and everything should be welcomed by buyers as "modern"  but they are 30 years old.  When they bought in 1980, they did not want to buy 1950 home.. they wanted a new one....

  • It was new when they moved into in 1980 and they still think of it as new. 
  • The reddish manufactured paneling has been cleaned and polished twice a year.. no recliner has ever bumped against it. 
  • The carpet is harvest gold and avocado green mixture and the family dogs have not been allowed on it.  It has been shampooed at least once a year in an effort to "take good care" of it.
  • The walls are covered in family portraits.  Once something was hung, it never gets moved because it will leave a nail hole in the wall. 
  • The appliances were bought when the house was built.. avocado green again.
  • The curtains on the windows are heavy and are floral... greens golds and browns.. big bold flowers. 
  • The orange paint on the kitchen/dining room wall makes you feel like you're living in a giant pumpkin.  Cinderella's coach, it's not.
  • The Oak cabinets can work in a more modern setting.. with new hardware.


And we've all heard the arguments that it should bring "top dollar" just the way that it is:

  • The right buyer will appreciate this home.
  • It will take a special person to appreciate the way that we've taken good care of our home.  That's who we want to sell to.
  • Anyone that has worked for a living and understands the value of a dollar will love our home.  They will also be the ones that can afford it. 
  • There's no point in replacing anything.. it's just like new and we all know that the stuff you buy "now a days" is not as good as what you could buy when this house was built.

My questions and suggestions for Mr. and Mrs. Seller:

  • When you had your home built in 1980, did you want the builder to use materials, colors, appliances, etc from a 1950's home and install them in your home? 
  • Have you asked your grown children if, given a choice, they would purchase your home or the home down the street that's been modernized, given also that they would answer honestly and that both homes were priced the same and similar in condition and floor plan?
  • Have you viewed any open houses lately to see what's for sale that you will be competing with?
  • Have you had an appraisal done on the home in the past 12 months?
  • When we sell this home... you say you are downsizing and will be shopping for a much smaller home.  Can I assume that you will only be looking at homes that have 1980's colors, designs, and appliances since you believe they are so much better than what is being manufactured today?


The truth of the matter is this..   If you, Mr. and Mrs. Seller will put yourself in a buyer's position as you look at your home and other homes on the market and be honest as you do it, you will realize that to get "top dollar" for your home, it needs to be comparable to others that are bringing top dollar.  If you will look at the sold prices of those that brought top dollar and those that did not, often the ones that sold for less did need to be updated. 

 

So.. want top dollar?  Bring your home into "top dollar" status, your chances will be much much better. 


This post was inspired by a blog post that Charles Edwards of Rogers, Arkansas wrote entitled Yes, I realize no one has ever walked on your 1980's sculpted shag with their shoes on. 

Image courtesy of turkeychick

Judi Barrett Southeast Oklahoma' best real estate broker Integrity Real Estate Services 580-212-5946

 

Looking for a home for sale in Idabel, Oklahoma?  Let me Google that for you. 

 

 

Judi Barrett, Broker, Integrity Real Estate Services, Office Address:  RR 5 BOX 126, IDABEL, OK 74745  580-212-5946

Our Name Says It All.
Real Estate Services You Can Trust.

 

 

 

 

 

 

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Topic:
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Home Staging
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dated homes

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MichelleCherie Carr Crowe Just Call...408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Really well pet. So many sellers do look at their own homes this way.

Jan 13, 2011 09:24 PM #1
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Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

Jennifer, great reblog. People can laugh, but it really does happen this way. And by more people that one would think....

Jan 13, 2011 11:05 PM #2
Rainmaker
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Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

That wall paper and those avocado green appliances...ouch! I guess they may still work for the seller but not a new buyer.

Jan 14, 2011 12:50 AM #3
Rainmaker
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Donna Paul
Keller Williams Realty Gold Coast - Dix Hills, NY
Long Island Home Specialist,All About Real Estate

Great thought Jennifer: This is realty; Many sellers want to sell for TOP dollars but don't want to upgarde to get the most for the home. The best thing to do is to view your competition and see what's on the market and compare prices with the condition of the home.

Jan 14, 2011 06:19 AM #4
Rainer
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Janet Jones
Just Your Style Interiors, LLC - Kihei, HI
Home Staging, Interior Redesign Kihei, Maui, Hawaii

Thanks Jennifer for the reblog.  I'm smiling as I read it all the way down.  So, so true how sellers think what is well-cared for in their homes has to still bring top dollar today even though if the avocado green dishwasher finally died they would not replace it with the same color--or maybe they would. 

Jan 14, 2011 06:57 AM #5
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jennifer I read Judi's blog last night and commented on it.  What I can't understand is how she was able to get in my house and take pictures. :) :) :)

Jan 14, 2011 10:10 AM #6
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Joni Bailey
101 Main St. Realty - Huntsville, TX
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THANK you for reposting this or I may have missed it. I've been having computer problems. Now I can go visit both Judi and Charles' blogs and comment on both! :O)

Jan 15, 2011 07:09 AM #7
Rainmaker
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Richard T. Dolbeare, R(B)
eXp Realty - Wailuku, HI
R(B), ABR, CRS...Hawaii Multi-Island Specialist

Oh yes, I know the drill.  As an engineer, I could fix most anything so why buy new in the home I had built 25 years before.  Ooops, although everything worked fine when time to sell, it was definitely dated.

Jan 16, 2011 06:11 AM #8
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