09-02-2014, 05:36 PM
I believe the realtors *MIGHT* have a stake in it.
I never understood why people redecorate/update homes before selling... If you're going to make the long-term investment in a property that a home purchase implies, why would you want the previous owner to do the redecorating for you? I'd MUCH rather buy a place in 'move-in condition' and make the place my own.
Some sellers believe that putting in $20k worth of basic updating renovations into a run-down $100k home allows the seller to jack up the asking price of the home to $200k. Many less savvy buyers will fall for it. (Numbers are made up)
3d wrote:
[quote=rjmacs]
[quote=cbelt3]
Of course it's dated to the 1960's, and the buyers that came through all commented on that. Fine, tough bananas. You want fancy bathrooms and granite counter tops and all that crap ? Buy the house and put your own stuff in !. It's not priced for 'brand new updated'.
I never understood why people redecorate/update homes before selling... If you're going to make the long-term investment in a property that a home purchase implies, why would you want the previous owner to do the redecorating for you? I'd MUCH rather buy a place in 'move-in condition' and make the place my own.
Some sellers believe that putting in $20k worth of basic updating renovations into a run-down $100k home allows the seller to jack up the asking price of the home to $200k. Many less savvy buyers will fall for it. (Numbers are made up)