Does Today's Society of Instant Gratification Carry Through to the Housing Market?

By
Home Stager with Dezigner Digz

In my opinion, you bet it does.  People are busier today than ever before.  A lot of us lead much busier, fast-paced lives than our parents ever did, and they didn't have all of the gadgets that we have today.  You know; the ones that are supposed to make our lives easier.  The pace of daily life just seems to keep picking up speed.

The same carries through to the housing market.  More and more home buyers just don't have the time for extensive home renovations and decorating.  Therefore, a lot of potential buyers out there are looking for properties that are in "move-in" condition.  Some are even willing to pay a premium for that luxury.

There will always be the Do It Yourselfers - good for them.  However, keep in mind when you are selling your property, that there are a lot of people who can't dedicate the extra time to these projects.  The more that you can do to make your property "move-in" ready before listing it, the less a buyer will have to do.  Believe me, buyers notice these things.

Take for example wallpaper.  It can be a very labour intensive project to remove it.  Not to mention that sometimes where there is wallpaper, there is more wallpaper.  I remember being in one home that had 3 or 4 layers on the walls - a new home owner's worst nightmare!  Are your walls painted in a very bright colour that may not appeal to others?  You should consider re-painting with a more neutral palette. 

Before you list your property (and that's what it now is, you have to stop thinking of it as your home) do a walk-through and try to see how others will view it.  Ask yourself how much work a potential buyer would have to do if they bought your property.  If the answer is "a lot", then it's time to take down that wallpaper, paint the walls and fix those other items that you noticed.  Don't have the time to do it yourself?  Remember, there are lots of buyers out there that won't either.  Maybe it's time to call in the professionals.

Dezigner Digz is a full-service home staging and interior decorating company located in Burlington, Ontario and servicing Ancaster, Hamilton, Aldershot, Burlington, Bronte, Oakville, Milton and surrounding areas.  The owner and lead Design Consultant, Charlene Storozuk, is a member of the Real Estate Staging Association and currently serves as President of the Halton & Hamilton-Wentworth Real Estate Staging Association.

www.dezignerdigz.com

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Rainmaker
129,204
Gaye Granice
Robert Defalco Realty - Staten Island, NY
Associate Broker
Wallpaper removal is a lot of work and most buyers are very turned off by it.
Jan 30, 2008 09:49 AM #1
Ambassador
1,878,478
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth
Charlene, in our area everyone wants "move in ready" properties. The heck with remodeling or fixer-uppers. Too much product on the ground.
Jan 30, 2008 11:48 AM #2
Rainer
144,717
Juliet Johnson
Vizzitopia - St Johns, FL
Jacksonville Photography & Digital Marketing
Exactly, and well said, my friend.  We live in an "add water and stir" mentality.  People just want to unpack.  This is why it's so important for sellers to take care of all the little "lived-in" signs of wear and tear (the house has to look really clean), and keep everything else at the most generic level possible.  It's why most homeowner's need stagers - to take themselves out of the decor and free up the space.  Literally and figuratively.
Jan 30, 2008 11:53 AM #3
Rainmaker
212,509
Terrylynn Fisher
Dudum Real Estate Group - BuyStageSell.com - Walnut Creek, CA
HAFA Certified, EcoBroker, CRS, CSP Realtor, Etc.
The important thing to realize about do it yourselfers is that they want to discount far more than the value of redoing an item when they make their offers.  YOU, the seller loose in that scenario. 
Jan 30, 2008 04:59 PM #4
Rainmaker
125,579
Susan Peters
Dove Realty Inc. - Seattle, WA
The Better it Looks the Better it Sells

Charlene,

You are absolutely right. Twenty years ago almost all of my client wanted a fixer, now they just want to close escrow, move in and have a house warming party the next day. 

Jan 30, 2008 05:27 PM #5
Rainer
10,634
Becca Briggs
Rochester, NY

Simply put but so true.  We live in a fast food world - and if you house doesn't have a "drive-thru" well onto the next restraunt! 

Becky

Jan 30, 2008 11:47 PM #6
Rainer
179,216
Kathy Passarette
Creative Home Expressions - Mount Sinai, NY
L.I. Staging/Decorating
Charlene ~ This is a great post; I found myself nodding my head as I was reading it.  I totally agree with the time issue.  Even though we have always been do-it-yourselfers, I don't want to have to do it in my next house.  As for the wallpaper, I have my own powder room paper to take down, I just have to find the time to do it!
Jan 31, 2008 07:44 AM #7
Rainmaker
145,946
Charlene Storozuk
Dezigner Digz - Burlington, ON
Home Stager - Burlington Ontario

Gaye - I hear you.  I hate removing wallpaper.

Gary - Excellent point.  People can afford to be more selective now because there are more properties on the market to choose from.  They are going to go for the one that needs the least amount of work, especially if time is a problem.

Juliet -  Well thank you very much :-).  I love your statement about today's society being an "add water and stir mentality" - very well put.  

Terrylynn - The do it yourselfers I was talking about were the vendors fixing up their own properties before listing, but you are absolutely correct about the DIYers that would buy the property.

Susan - changed times eh?

Becky & Nicole - Excellent analogy!

Kathy - I hear you.  I don't have time to do the things I would like to do to my own home anymore.  P.S.  I hope you are feeling better.  I think you should just phone in sick tomorrow too ;-) 

 

Jan 31, 2008 11:45 AM #8
Rainer
46,282
Jackie Peraza
Perceptions AdverStaging(TM), LLC - Framingham, MA
Home Stager - Framingham, Massachusetts

Charlene- Oh my, you are so right on with this one.  If there were as many DIY'ers as there are properties that could use their help those big box DIY stores would be the best traded stock in the world!  Don't you think?

Jackie

Jan 31, 2008 04:37 PM #9
Rainmaker
145,946
Charlene Storozuk
Dezigner Digz - Burlington, ON
Home Stager - Burlington Ontario
Jackie - You are absolutely right!
Feb 01, 2008 04:23 AM #10
Rainmaker
1,036,503
Kathy Clulow
RE/MAX All-Stars Realty Inc. Brokerage - Uxbridge, ON
Trusted For Experience - Respected For Results
Charlene -Having renovated a few homes over the years our worst case was a century home that had 14 layers of wall paper, more than a weekend project, to be removed. Wallpaper had its hayday but there is no hay to be reaped in wallpaper today, removing it is high on my list of recommendations to potential vendors.
Feb 03, 2008 02:25 AM #11
Rainmaker
145,946
Charlene Storozuk
Dezigner Digz - Burlington, ON
Home Stager - Burlington Ontario
Kathy - 14 layers! - WOW!!!  That must have been a horrendous job.  You're right, anyone selling their home should make sure that all wallpaper is removed.
Feb 03, 2008 11:54 PM #12
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Rainmaker
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Charlene Storozuk

Home Stager - Burlington Ontario
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