What do Buyers Want

By
Real Estate Agent with Naperville Glen Ellyn Lisle Plainfield Wheaton Illinois

 Homes in  Great  ConditionNaperville home

That is what todays BUYER WANTS!

They want to move right in. They do not want unexpected surprise expenses.  Pristine condition. They have a  budget and are more likely to stick to it then buyers in the past.  Buyers are more conservative period. The days of moving in and obtaining a second mortgage to fix up the home are gone. 



Great Prices~ Bottom Prices

They want it all. Great home and great price.  Even when showing foreclosures 

they want the home to look like an owner left on good terms. They want the home NICE!

                                                foreclosure naperville

 

Banks are even putting money into foreclosures despite the investors complaints. The banks feel they appeal to more if the foreclosure is up to par. This in turns makes more money for the bank.  Plus it  allows the home buyer to obtain a mortgage when the foreclosure is in good condition.


Appraisers are sometimes even taking into consideration foreclosure and short sale comps when appraising homes and this can be difficult for the regular homeowner who is trying to seller.  MEANING: THE BUYER IS ALSO TRYING TO USE FORECLOSURES AS COMPS.  Right or wrong we see this happening. This in turns has the potential to bring prices down further.  Really sometimes it is all about the DEAL to the home buyer in this market.  They are not bringing their emotion into home buying as much as they were in the past.

Buyers "are more focused on negotiating, drawing limits in their mind and focusing on the strategy," says Justin Knoll, president of the Denver Board of Realtors.
Some of it is a point of pride, he says. "They want to tell their friends and family that they really got a smokin' deal."

 

 

Large Kitchens Open to Rest of the House

 

 


                              

This is a continuing trend that has been going on for years. No matter what the home size is is the wall is going away and making the kitchen open to the family/great room.

large kitchen

Sometimes I recommend this prior to selling to bring more money to your home and have your home sell faster.

The kitchen is the heart of the home even if your serving take out. In today's busy world no one wants to be excluded.

Natural Materials

Wood floors, granite, stone, ceramic and marble.  All price homes these days benefit from these long wearing lifetime materials. Granite is no longer for 500k and up homes. In Naperville, Illinois more and more homes have granite installed including the bathrooms. Some large chain home stores now sell granite counter tops for your powder room at bargain prices. These small details add huge returns!


Great Backyards

More and more people are staying close to home and want a deluxe yard. This does not have to be big but private. They want their yard to be an extension of their living space. Some many local companies sell great indoor/outdoor furniture it is truly an asset when you offer this space when you sell. In The Chicago area outdoor fireplaces and outdoor fire pits are a great way to enjoy the colder nights and entertain. This is a huge draw for buyers.




Incentives

We cannot say this enough. Buyer incentives. Closing costs, home warranty, free cleaning service for a year,

Airline tickets   

any perk that will make your home stand out. 

Posted by

                                              

                                            Naperville Illinois Real Estate

                Tamara Schuster,Broker

                Certified Relocation Specialist

                              3rd Generation Real Estate Broker

                                Prudential Elite Realtors

                           Naperville, Glen Ellyn and West Chicagoland

            

                     I am here to help you with all your Real Estate Needs.

                                  Full Service Full Time

 

                                                       Bridge downtown Naperville Illinois          

 

 

 

 "Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover."                                                             

 

 

                            Tamara@BrokerOfNaperville.com

                               Fine Homes Specialist

                               Call today 630.886.9596

 

                                                                      

 

                 www.BrokerOfNaperville.com

 

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Topic:
Home Selling
Location:
Illinois
Tags:
naperville illinois
naperville real estate agents
first time home buyers
foreclosure deals
will county
dupage county

Comments 9 New Comment

Show All Comments
Rainmaker
346,671
J. A. Michail
Real Property Management of Sarasota & M
Real Property Management of Sarasota & Manatee

I liked your blog post and I thank you for sharing it with us!

April 19, 2011 01:35 AM
Rainmaker
826,414
Tim Lorenz
949 874-2247
TIM LORENZ - Elite Home Sales Team

Thank you for the blog.  Buyers want the best deal for the money that meets their needs.

April 19, 2011 01:41 AM
Rainer
86,147
Tamara Schuster
Realtor Broker - Naperville
Naperville Glen Ellyn Lisle Plainfield Wheaton Illinois

Thanks John for the compliment. Tim, I like your summary it is right on.

April 19, 2011 02:01 AM
Rainmaker
876,691
Ronald DiLalla
No. Orange Cty Real Estate
Century 21 Discovery DRE 01813824

Sometimes even a great over all deal, price, location, schools, shopping and a turn key home for some reason isn't good enough.  Just not a motivated buyer ...I guess.

April 19, 2011 02:46 AM
Rainer
86,147
Tamara Schuster
Realtor Broker - Naperville
Naperville Glen Ellyn Lisle Plainfield Wheaton Illinois

Good point Ronald.  Sometimes it is just the right timing.

April 19, 2011 03:48 AM
Rainmaker
686,796
Kwee Huset
Venice Florida Homes For Sale
Kwee Huset Realty

Hi Tamara, Your have a nice listing with nice pictures. wish you good luck and get it "sold" quickly.

April 21, 2011 01:16 AM
Rainer
86,147
Tamara Schuster
Realtor Broker - Naperville
Naperville Glen Ellyn Lisle Plainfield Wheaton Illinois

Thanks you Kwee. I always enjoy hearing from you!

April 21, 2011 09:25 AM
Rainmaker
494,150
C. Lloyd McKenzie
MBA - Prudential Allstar Realtors -
Prudential Allstar Realtors

Tamara:

Just wanted to stop by and wish you a Happy Easter

April 24, 2011 01:09 AM
Rainer
86,147
Tamara Schuster
Realtor Broker - Naperville
Naperville Glen Ellyn Lisle Plainfield Wheaton Illinois

Thanks so much Lloyd. I hope you enjoyed your Easter too!

April 28, 2011 12:54 PM
Show All Comments
Rainer
86,147

Tamara Schuster

Realtor Broker - Naperville
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