Having to replace a fuse every time the doorbell rings is not a selling point

By
Real Estate Agent with eXp Realty LLC 200311024

The cost of 2 fuses is only $2.99, but when you have to replace the fuse every time someone comes to show the home and they ring the door bell to make sure no one is home, then it can get real expensive real quick.

Thought the price of the home is great, when they walk in and see that there is no power in the main rooms, then they tend to know something is wrong. No inspector needed to tell me there isn’t enough power to run everything in the house when the fuse is blown when you walk in.

photo of fuses by bretwalda

Often I’ll get a call saying there is no power in the living room and kitchen, they were going to check the circuits to see if it got flipped to find out there is no circuit, just a fuse box and a black burnt out fuse. That can quickly end the chances of that buyer buying that home or if they like the rest of the home, you are going to get a real low ball offer from them.

This happened to me recently and the sellers ended up having to take a real hit on the price of this property because they weren’t willing to get the electrical fixed. The cost to get the electrically updated… About $5,000, the hit they took on the price because they just didn’t want to deal with it was $12,000. Was it worth it? Nope, but they just didn’t want to deal with it.

Do you own a house that you want to sell that needs a few repairs done before putting it on the market? If you want, we can get you in touch with many contractors that are willing to do the work and get paid at closing at no additional cost. A great way to get some simple needed fixes done that will help sell your home.

If you are in the market to sell your home in the Beaverton, Oregon area, give Todd Clark and the Friendly Home Team a call at 503-524-9494 or email me at Todd@IFoundYourNewHome.com and we will help you sell your home fast and for top dollar. So, remember having to replace a fuse every time the doorbell rings is not a selling point.

Comments (32)

Pam Graham
All Real Estate Options - Jacksonville, FL
Jacksonville, Clay & St Johns Counties

That is strange that they didn't go ahead and get it fixed, but maybe they had lived with it so long and they just wanted out to start over.

Jan 12, 2012 05:06 AM
Jo Olson
HOMEFRONT Realty - Kettle Falls, WA
Retired - HOMEFRONT Realty @ LAKE Roosevelt

I do believe to get top dollar you must have all of your "stuff" working and up to the norm for the area.  Sometimes if it isn't possible the price needs to reflect that fact.

Jan 12, 2012 05:25 AM
Cheryl Thomson REALTOR Army Ret
United Real Estate (703.216.5635) cheryltee47@gmail.com - Prince William, VA
Associate Broker in Northern Virginia

Hi Todd. To go even further, its so important to not over extend yourself when purchasing a home.  Maintenance and upkeep isnt cheap.  I always tell folks live within your means because you never know what can or will happen.

Jan 12, 2012 05:51 AM
Charles Buell
Charles Buell Inspections Inc. - Seattle, WA
Seattle Home Inspector

Todd, and I frequently discuss with agents and buyers that replacing electrical systems should "rarely" be a deal killer.  After all what percentage of the value of the home is the electrical system?  Generally it is a pretty small percentage and unless it is a muti-story building with no attic, it can usually be done without getting to invasive.

Jan 12, 2012 06:05 AM
Deana "Dee" Langley
Coldwell Banker - Indian Trail, NC
GRI, CDPE, SPS

This is a great thought but it is hard in this market when so many homeowners are short saling their homes.  If it is a REO property it take someone like you to make it crystal clear to the lien holder that this is essential to sell the home.  Sometime even that doesn't work!

Thanks for the post!!! Great insight!

Jan 12, 2012 06:19 AM
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

Todd

This is very true. I suppose there are also times when the vendor just does't have the money and can't spec on the repair. So, that ends up being a good deal for the buyer.

Brian

Jan 12, 2012 06:53 AM
Steven Cook
No Longer Processing Mortgages. - Tacoma, WA

Todd -- let's see they were probably looking at it that they would have to replace the fuse a couple thousand times to equal the cost of getting it fixed properly, and that didn't pencil out for them.   Too bad they couldn't see ahead to the $12,000 cost to not fix it.

Jan 12, 2012 07:08 AM
Rob Ernst
Certified Structure Inspector - Reno, NV
Reno, NV-775-410-4286 Inspector & Energy Auditor

Old fuse systems carry the load of the whole home on so few circuits that with todays loads they often fall short. At least when the fuse blows you know it's doing it job but it's probably time for an upgrade of the system or a downgrade of the load.

Jan 12, 2012 07:26 AM
Jackie Hawley
Coldwell Banker Professionals - Oxford, MI
Southeast Michigan Real Estate

At least there wern't any pennies in/near the fuse box :)

Jan 12, 2012 08:15 AM
Bruce Kunz
C21 Solid Gold Realty, Brick, NJ, 732-920-2100 - Howell, NJ
REALTOR®, Brick & Howell NJ Homes for Sale

Todd, couldn't you have just put in a higher fuse?  I'm impressed they are marked, too.

Seriously though, many sellers don't look at 'the big picture'. They just want to get out. At least you got it sold!
Bruce

 

Jan 12, 2012 08:32 AM
Rosalie Evans
Meritus Group Real Estate - Sioux Falls, SD
The Evans Group, Sioux Falls, SD Homes For Sale

That wasn't exactly the best decision! I wonder if they just didn't have the hard cash to pay the electrician up front to get the work done?! People are strange sometimes! 

Jan 12, 2012 11:00 AM
Denise Hamlin, Broker/Owner
Cardinal Realty ~ 319-400-0268 - Iowa City, IA
Helping Happy Clients Make Smart Choices

This is a good one Todd. I hope a lot of sellers read it. Anything sellers think too bothersome to take care of, buyers will want at least double to take care of themselves. 

Jan 12, 2012 02:01 PM
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Todd - Sometimes sellers are short sighted, and sometimes they just don't want to deal with the issues.

Jan 12, 2012 03:05 PM
Sandy Acevedo
951-290-8588 - Chino Hills, CA
RE/MAX Masters, Inland Empire Homes for Sale

Maybe it was more than they just didn't want to deal with it. Maybe they didn't have the $5000 t fix the electrical and just wanted it sold and the equity would pay for it.

Jan 12, 2012 04:48 PM
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Todd, you are smart to advertise that Realtors are a great resource for information and contractors.

Jan 12, 2012 06:11 PM
Mike Yeo
3:16 team REALTY - Frisco, TX

Not many people will buy a house and fix it up. The seller would have to sell at a really good price for someone to do the fixing.

Jan 13, 2012 02:29 AM
Maria Morton
Platinum Realty - Kansas City, MO
Kansas City Real Estate 816-560-3758

Todd, this story had me laughing out loud all the way through! I know it's serious issue for the sellers ( and you) but the ludicrous things some people choose to get stuck on just hit me funny today.

Jan 13, 2012 06:30 AM
Anthony Daniels
Coldwell Banker - San Francisco, CA
SF Bay Area REO Specialist

I always get a kick out of the creativity that goes into electrical connections for such homes.

Good post, thanks for sharing it.

Jan 13, 2012 09:40 AM
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News
I remember when our old house had fuses. When we upgraded the electric in think the hardware store missed our frantic runs for new fuses.
Jan 13, 2012 12:00 PM
Todd Clark
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

Deven – Especially when you have great contractors that are willing to except paying at close. They know that in the end it could build their business more than taking payment immediately.

Debb – I can’t wait to see the pictures of that home, that is what I would love for a home. I love old farmhouses!!

Jan 14, 2012 07:00 AM