Why Sacramento Home Buyers Won't Buy Average Homes

By
Real Estate Agent with Lyon Real Estate BRE #00697006

The olden days of selling short sales can change an agent. Why, I know some agents who would not step foot into a short sale property, especially if it wasn't maintained. They did not want to climb over piles of toys, clothes, papers strewn all over the floors. And the attitude hasn't much changed.

Buyers aren't any better with their expectations. They would look at a house like that and typically spin around and leave. Today's Sacramento home buyers don't want home improvement projects. If they look at a home without updates, it's like being buying a new car with flat tires and no steering wheel. They don't want to replace the tires and buy a steering wheel. Better to simply buy a different car with all the parts working.

And real estate in Sacramento is no different. You can read more in my personal blog today at about this topic at this link: Home Buyers Not Looking for Home Improvement Projects.

Posted by

sacramento short sale agentcerfified hafa specialist

---

Certified HAFA Specialistelizabeth weintraub

 

equator certified platinum short saleequator certified platinum reo elizabeth weintraub

Elizabeth Weintraub reviews

 

 

 

 

 

Sacramento Real Estate Listings

 

 

 

Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.

The Short Sale Savior, by Elizabeth Weintraub, available with free shipping.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
California Sacramento County Sacramento
Groups:
Everything California
Northern California Real Estate Professionals
CALIFORNIA REAL ESTATE
Lyon Realtors
ActiveRain Rockstars
Tags:
sacramento real estate
buyers do not want home improvement projects
buying fixer homes
fixing up house before selling
updated homes for sale sacramento
flippers sacramento
what buyers want in a house

Spam prevention
Show All Comments
Rainmaker
597,323
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

RIGHT! Working parts in order, please!
This is ALSO applying in my area to commercial properties. If it is a disaster, no one wants it FOR ANY PRICE. Investors are counting the cost of  [esp deferred] maintenance very heavily, even when the cash flow is excellent.
Everyone's far more conscious of the costs down the line these days. Which I think is a good thing!

 

Sep 29, 2018 10:38 AM #1
Rainmaker
2,965,709
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Good morning,  Elizabeth- - -whether said or not, I find most buyers want a "wow" factor. Finding it usually involves compromise. 

Sep 29, 2018 10:57 AM #2
Ambassador
3,451,105
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Elizabeth- chalk it up to HGTV. Unless people are flippers or just like fixing up things, buyers today don't want to have to do that. And, while houses are appreciating, they aren't skyrocketing as in the past. So buyers don't want to put in more than they may be able to fetch when they sell it. 

Sep 29, 2018 03:38 PM #3
Rainmaker
1,641,194
Lottie Kendall
Pacific Union International - San Francisco, CA
Serving San Francisco and the Silicon Valley

The same holds true in my areas, Elizabeth. Buyers want a move-in ready house, and you'd think for 1.8M - 2M or more that's not too much to expect.

The other end--a house in a good location that needs a complete re-do attracts plenty of contractors and flippers.

It's that middle segment that sits and waits.

Sep 29, 2018 06:08 PM #4
Rainmaker
3,690,742
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elizabeth, I still won't step foot into a short sale!   I am finding even the updated and turn-key home, the buyers are trying to lowball them!

Oct 01, 2018 06:42 AM #5
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
2,067,989

Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents

Put 40 years of experience to work for you
How much is my home worth?
*
*
*
*
Spam prevention

Additional Information