NEW YORK – May 3, 2011 – About 87 percent of first-time homebuyers prefer a move-in ready property, according to a Coldwell Banker survey, which has real estate agents encouraging sellers to spruce up their homes before putting them on the market.
“It seems buyers will pay a premium, engage in a bidding war and even overpay just to avoid buying a ‘project’ house,” explains Beth Freed of Ridgewood, N.J.-based Terrie O’Connor Realtors.
Sellers who take the time to make cosmetic repairs, eliminate clutter, and address maintenance and safety issues will sell their homes faster and for more money. Removing excess furniture, clearing the floors and depersonalizing the space will make rooms look larger and help buyers imagine themselves living there.
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Buyers who are planning on living in the homewill only buy houses if there is minimal fix up. Most buyers simply do not have the skills to do major rehabs on a house. Nor the Patience.
Read more at
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=259451
“It seems buyers will pay a premium, engage in a bidding war and even overpay just to avoid buying a ‘project’ house,” explains Beth Freed of Ridgewood, N.J.-based Terrie O’Connor Realtors.
Sellers who take the time to make cosmetic repairs, eliminate clutter, and address maintenance and safety issues will sell their homes faster and for more money. Removing excess furniture, clearing the floors and depersonalizing the space will make rooms look larger and help buyers imagine themselves living there.
------------------------------------------
Buyers who are planning on living in the homewill only buy houses if there is minimal fix up. Most buyers simply do not have the skills to do major rehabs on a house. Nor the Patience.
Read more at
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=259451
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