10 Things Real-Estate Agents Won't Tell You - Or Will They - #5

By
Real Estate Broker/Owner with TechTown Realty, Licensed in Texas 578384

A recent article suggested that young home buyers do not want an old house.   The focus of item #5 was that young buyers don't want to buy a fixer upper - that you should make improvements before you sell.  And they prefer not to have dated

I do occasionally find a buyer (age doesn't matter much here) who says they prefer a fixer upper so they can get more house for less money.  These buyers are really hoping to find a bargain.  Often once they see what work AND expense a 'fixer upper' would entail, they shift their search to more move-in ready homes.  In my experience, considering the majority of buyers, it is true they do not want a home that needs repairs and doesn't show well.  Real estate agents often encourage their seller's to do improvements.  Those who don't may be afraid of offending or alienating a potential client, losing a listing.  Still, if they don't have this potentially tough conversation, they are doing their client a disservice. 

Seller's should make improvements on their homes before listing.  The amount of this 'fix-up' will vary depending on the market, time & funds available to the buyer.  Most seller's won't do a kitchen remodel, install a whirlpool tub in the master bath but it might make sense to paint, do minor repairs, even re-carpet if needed.  Some sellers will have a home inspection done and make repairs and improvements based on the report.  It takes a some time and money but a pre-inspected home with freshly painted rooms may sell more quickly.

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Will Nesbitt 04/15/2014 12:09 AM
Topic:
Home Selling
Location:
Texas Lubbock County
Tags:
real estate agents
home buyers
preinspected home

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Rainer
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A. J. Zaki
REMAX Realty Pros - Boca Raton, FL
Home Finder In Florida

Love the title! Thank you for sharing!

Apr 14, 2014 05:09 AM #1
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Rainmaker
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Mary Benton

TechTown Realty in Lubbock
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