Should a home "not ready" be rushed to market??

By
Real Estate Agent with RETIRED 200305001

Twice in the last couple of days I have experienced this. Both homes are in a hot price range that also has no inventory.

The first one is an older home priced a lttle high and needs about 3 more days of repair and paint. It got passed over by buyers that might have taken it, if it looked better.

The second one is a new home that is not finnished but past the "pick your colors'' status.

What say you?

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Rob Shepherd -  ABR, GRI, REALTORS® for Florence Oregon Real Estate
Expert in helping those buy or sell Florence Oregon property and retire in Oregon. Call me anytime or visit my website for local listings and information on Florence Oregon.
Email: mr.listit@gmail.com 541-991-0607

Comments (5)

Jerry Murphy, CRS, SRES
Long Realty West Valley - Anthem, AZ
Anthem, Phoenix, and Scottsdale AZ Real Estate

It's a tough situation because even when you update homes a lot of times the buyers will criticize the selection of carpets, paint, etc.  Kind of damned if you do, damned if you don't. Best of luck to you Rob.

Feb 11, 2018 01:14 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

My direct answer to your question Rob D. Shepherd is it should be the Seller decission. I'd explain the pros and cons and abide by their wishes. I'd rather be telling them I told you so (not that I would) then having them tell me I told you so.

Feb 11, 2018 01:52 PM
Rob D. Shepherd
RETIRED - Florence, OR
RETIRED

Jerry: Its a tuff call.

Feb 11, 2018 02:38 PM
Rob D. Shepherd
RETIRED - Florence, OR
RETIRED

Bob: That may be what happened in both cases.

Feb 11, 2018 02:38 PM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I have a listing now that we "rushed" to market that my seller still had not completed some paiting & left a lot of trash laying around. The first two buyers that came thru made comments about both & passed on the townhome. In retrospect we should've waited a few more days before listing but my seller insisted we go live & I think it cost us a sale.

Feb 11, 2018 02:42 PM