Are Home Buyers Discounting Your House?

By
Real Estate Agent with The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803

Are Buyers Discounting Your House?

 

 

We see this happen too often. Many sellers think their house is unique, and they know their house will not take long to sell.

 

Unfortunately too many sellers actually believe this and are unwilling to prepare their home for sale. They don't think they have to do much cleaning, fixing or de-cluttering.

 

Time and time again, we advise our sellers what may be needed to properly sell their property for the highest price possible, and time and time again many think only other seller's have to be reminded and not them.

 

We explain that buyers put a price on a house immediately when they notice things that are wrong. Dirty carpets, scuffed walls, odors, clutter, messy living areas, and noticeable repairs are some of the items they are going to "discount".  They will almost always deduct an over-estimated cost on any type of updates or cleaning that is needed.

 

Better to prepare you home for sale so that buyers don't notice the "little" things that you think are not necessary to fix.

 

If you can't take care of these items, hire someone to do it for you. You will get a better price on your investment and a quicker sale!

 
Good luck in selling your Long Island home and by working with Lawrence  Sheila Agranoff...the Experienced REALTORS®!
 
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Lawrence "Larry" & Sheila Agranoff are more than just Real Estate Agents. To attain the designation of REALTORS®, we have proven to be more knowledgeable & experienced, above and beyond the average requirements. Being part of the network referred to as REALTORS®, you can be sure we will cater to your Real Estate needs with superior professional practices.

 

 

 
 
If your home is listed with another broker, this is not a solicitation of property. This does not suggest broker has property currently available. Reproduction of text/images contained herein without the express written consent of the authors is strictly prohibited.Sale May Be Subject To Term & Conditions of An Offering Plan.Disclaimer: While information is believed to be accurate it is represented subject to errors, omissions, changes or reliance on information & must be verified by prospective consumer. The authors disclaim liability for any damages/losses, direct or indirect resulting from anything contained herein or the accuracy of comments or opinions of visitors.​©2008-2020

 

 

 

 

        

    


 

 

 

 

 

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Rainer
554,342
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

It is true!!! We all need to be aware and coach our buyers & sellers accordingly!

Buyers put a price on a house immediately when they notice things that are wrong. Dirty carpets, scuffed walls, odors, clutter, messy living areas, and noticeable repairs are some of the items they are going to "discount".  They will almost always deduct an over-estimated cost on any type of updates or cleaning that is needed.

Jan 15, 2020 04:06 AM #1
Rainmaker
5,227,667
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 (sheila)...potential clients are fortunate to have you as their agents.... you give them the proper advice prior to taking a listing....and as a result, the homeowner receives top dollar.

Jan 15, 2020 04:12 AM #2
Rainmaker
3,324,870
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Sellers sometimes don't realize...it is NOT about them...not their colors, their "stuff"....and too often toooo much of both !

Jan 15, 2020 05:18 AM #3
Rainmaker
3,325,142
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Good morning, Sheila and Larry... in my experience buyers inflate the cost of fixing something by a factor of three. I've seen this for over 25 years with buyers in NYC and in Charlotte. I always suggest to my clients that they fix up-front... it will cost them less.

Jan 15, 2020 05:51 AM #4
Rainmaker
3,274,646
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Sham, Absolutely. As soon as they open the front door, buyers will notice reparis that are needed!

Barbara, We give our potential clients our recommendations, and most of the time they listen!

Sally/David, Yes. Too much of them and their stuff can turn buyers away!

Nina, Fixing before listing is the best suggestion...if sellers are willing to listen!

Jan 15, 2020 05:59 AM #5
Rainmaker
5,629,339
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is very good reading for prospective home sellers.

Have a very productive January.

Jan 15, 2020 06:10 AM #6
Rainmaker
3,514,710
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Sheila and Larry - of course, their home is unique.  To them.  However, when a well-loved home goes on the market for sale it becomes a product - a house.  And in order to successfully sale a house it often needs to be properly enhanced. 

When that property is on Long Island, you have the local real estate awareness and knowledge necessary to make success occur for the fortunate home sellers who choose you for their real estate representation.  

Jan 15, 2020 06:36 AM #7
Rainmaker
3,274,646
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Roy, Some home sellers need a little more guidance to get their houses sold!

Michael, Yes everyone thinks their own home is unique. That's why we try to guide them to successfully getting it sold!

Jan 15, 2020 09:28 AM #8
Rainmaker
1,527,303
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hello Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, home sellers who think their homes are unique and worth more even if they need repairs will learn very quickly the opposite. It is important to work with a real estate agent who is local and they can trust.  In Long Island, they would be wise to call you.

Jan 15, 2020 11:36 AM #9
Rainmaker
1,277,752
Michele Cadogan 917-861-9166
Fillmore Real Estate 2990 Av U, Bklyn , NY 11229 - Brooklyn, NY
Licensed Real Estate Associate Broker -

I remember reading a post here in the Rain  titled along the lines of  dear seller if you  want top dollar  your home should be in top dollar form for your market. 

Jan 15, 2020 04:03 PM #10
Rainmaker
3,274,646
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Beth, Buyers will notice the repairs needed and will immediately start discounting!

Michele, That's the way it should be, but some sellers need some extra guidance.

Jan 16, 2020 04:05 AM #11
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Rainmaker
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