Home > Blogs > Ron Molcho > Ron Molcho's (ronmolcho) Blog

What does excellent condition mean....

By Ron Molcho

Real Estate Broker/Owner with American Homes of S.I.

February 04, 2008 07:23 AM

I need to vent ! This has now happened to me 2 straight weekends. A potential buyer looking for a move in condition home emails me back and forth for a few days.After numerous searches we decide on 3 houses that fit her criteria. All 3 homes are listed in "excellent condition". When we get to these homes they need new kitchens,baths,painting,flooring etc....My felllow realtors,is it fair to say that when we take a listing we are also obligated to list the facts correctly ! A house in excellent condition has an updated modern kitchen and bath(s).The exterior shouldn't require new siding,the boiler should be well kept and the walls shouldn't need much more than a cosmetic paint job.We all want are listings to stand out and sell,however,misguided information will only turn off prospective buyers and in my case think twice about showing any listings that belong to that particular agent . Regards,Ron Molcho..Managing Broker @ American Homes of S.I.

Comments(4)

Comment

Show All Comments Sort:

Ross Quintana

Real E Smarter - Spokane, WA

Real E Smarter Real Estate Coach - 509-362-1966

Yes this is called puffing and can actually be reported to your board of realtors.

Feb 04, 2008 07:32 AM

Mary Bowen

Coldwell Banker United, Realtor - The Woodlands, TX

Real Estate At Its Finest!!!

I agree with you that a house listed in excellent condition should be free of all major repairs and all known minor repairs, but does it have to be remodeled with granite counter tops and such or does it mean that for its age its in excellent condition. I'm just posing the question as I have seen totally remodeled homes that are literally falling apart.

Feb 04, 2008 07:42 AM

Frank Rizzo

Cornerstone Realty Partners - Staten Island, NY

I was recently in a home called "renovated" in "excellent condition" with linoleum floors in disrepair, property cluttered, with half home repairs. The roaches were climbing the walls, and when I mentioned this to the listing agent he told me that the roaches were no extra charge. My buyers were shocked at what they saw.

Feb 04, 2008 08:04 AM

Audrey Hoffman

VoteAudrey blog - Columbia, SC

VoteAudrey

From a stager's viewpoint, I've seen home owners invest money in a property to upsell, but then the furnishings remain very dated and inferior looking. Cheapens the "high end" effect desired. For excellent condition, you should safely assume everything is in good working order, not past its prime (as in working, but needs to be replaced soon) and CLEAN. It doesn't have to be brand-spanking new, necessarily. Upgrades and remodeling should be highlighted as such.

Feb 04, 2008 08:07 AM

Comments(4)

Ron Molcho

Recent Posts