Renovations Sell Homes
June 30, 2008 – 12:24 pm
Miami Metro Mover
Originally uploaded by The Hendriks Group
An article in the weekend edition of the NY Times was about the positive effects of renovating your home, to make it more marketable in the eyes of home buyers.
As a broker I am constantly espousing the benefits of updating a drab property in order to get the highest and best offer, it is no different than detailing your car before showing it to buyers or trading it in to the dealership.
A clean home is attractive, an updated home is lustful.
But there are many instances when the seller doesn’t get it.
excerpt from the NY Times:
“I remember when I helped Bill buy the apartment,” Mr. Coates said. “I thought the kitchen was dreary and dated.” The countertops were mauve; the kitchen cabinets had frosted plastic windows. “I told Bill that if he hoped to earn some money on the deal he should renovate it,” he recalled.
To his relief, Mr. Tooker agreed. Persuading prospective home sellers to go the extra mile (or two) is not easily accomplished. “People say to me, ‘This is the way it looks; I am not spending any money,’ ” Mr. Coates said. “And yet, they still want top dollar.”
You can’t get top dollar for a property that is not in top condition. Do your pocket a favor and reward it by putting the best face you can on your property.
