Why some buyers won’t consider a fixer….
I lay this blame firmly on HGTV. On December 30, 1994, HGTV officially hit the air waves, reaching 6.5 million homes. House Hunters was one of it’s first shows and I remember walking into my office the next morning and saying “HGTV will be the ruination of us!” I had no idea how prophetic that statement was…..
Fast forward to 2019 and I couldn’t give away a slightly un-updated house in one of the best neighborhoods in the area if my next breath depended on it. Seriously? It is immaculately kept and rigidly maintained.
I have several personal theories…..(1) buyers don’t want to be bothered; (2) they don’t have the money to make the updates they dream of; (3) they don’t know how to paint or do small DIY projects; (4) they don’t know who to call to get the projects done.
Here is my question: ‘Mr./Ms. Buyer, when you move in you are going to make it your own so why would you want the seller to make what they think are the updates you want instead of you doing them yourself?”
We have become an instant gratification society and we all want our homes to look like Chip and JoJo just left. HGTV is not reality and if Buyers don’t start looking at Location, Condition (not décor), Floor plan Buyers are going to really miss out on some really great houses that with just a fresh coat of paint could look entirely different.
It’s called Sweat Equity and it's what makes your house your home.
When looking at houses whether or not the decor is your taste should not be what you base your decision on. The sellers are taking their furniture, pictures and knick knacks with them when they move.........
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