ST Alpha - "Speaking of houses on the market - my parents' (mom's) home is up for sale. She had priced it to sell (according to her friend/the realtor)

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Speaking of houses on the market - my parents' (mom's) home is up for sale. She had priced it to sell (according to her friend/the realtor) - it's a

Posted by kelly Jul 2 '13, 10:32

good price for the area.

After every showing, her friend lets her know what he has heard from the prospective buyers. Holy shit, people are picky.

People have been complaining the house is "dated". I don't think it is at all. The kitchen is by far the most dated room in the house, but it's the only one I'd really say that about. Also, they don't like that the upstairs carpets are "dated". They are 20 yrs old (and we all got to pick the colors we wanted for our rooms, so there are a lot of different colors up there), but I mean, is that a reason to not want a house? Seems like negotiating a lower price on the house would mean you could replace the rugs.

I'm just very surprised.

Responses:

Get the cheapest ne carpet you can installed. Cheap padding, neutral color. You'll get the cost back in increased sale price and speed of sale. - TWuG Jul 2, 11:03
they talk about that on House Wars, its worth the money to update cause it sells the house faster, and being on the market too long is also a problem -- nm - zeitgeist Jul 2, 10:56 1
- get an estimate from a kitchen renovator, the buyer can put into the loan package -- nm - zeitgeist Jul 2, 11:25
For most the impression is more important than the fact that they could reduce purchase price and replace. A couple of reasons for that. First, you - pmb Jul 2, 10:52
In my experience, people too often are expecting to move in and not have to do any work....if there is work, they expect price to reflect... - Walt_Disney Jul 2, 10:46 1
- We rule out places that don't have garden tubs, as an example. We won't cut a check that size without getting the things we want. -- nm - David Jul 2, 11:19
People don't have cash to replace rugs after buying the house (especially their first) - spamlet Jul 2, 10:40 2
- Yup. If it's in the price of the house, your mortgage is paying for it. If you have to replace it after buying, it's coming out of your savings. -- nm - mara Jul 2, 10:47
- or alternatively the seller could give a refund / money back that buyer puts toward something specific (e.g., new carpeting). -- nm - Don Homer Jul 2, 10:42
I watch a lot of HGTV while I sleep. I think this is the norm. people want to buy a nice fresh house. your mom could probably get double her money - amanda Jul 2, 10:37
at least they weren't complaining about paint colors... :) -- nm - znufrii Jul 2, 10:36
nobody ever thinks they should pay the asking price for any house, i imagine -- nm - charlie Jul 2, 10:35 2
- except during the bubble peak, when you'd often pay well over the asking price. -- nm - Don Homer Jul 2, 10:37 1
  - my sister's seller was *pissed* that ann and steve offered less than asking. I mean, nobody else offered anything. but still! -- nm - amanda Jul 2, 10:40
Man, when Kim and I look at a place, our inner Staler and Waldorf comes out. -- nm - David Jul 2, 10:33 2
- Heh. Ok, so it's just me... -- nm - kelly Jul 2, 10:35 1
  - When I sold my house it was just barely 2 years old and people complained about stuff. -- nm - decline Jul 2, 10:36

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Speaking of houses on the market - my parents' (mom's) home is up for sale. She had priced it to sell (according to her friend/the realtor) - it's a

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