Can we get top dollar? Is your home used up or kept up?

By
Real Estate Agent with Keller Williams Select Realtors - Annapolis 636336 (since 1991)

Every home seller wants us to get Top Dollar for their home. We understand.

I was showing homes in the $400-$500k range yesterday, and two of the homes back-to-back made the point exactly. Both were 12-years old.

The first was clearly "used up." It appeared that the owner bought it new, lived in it for 12-years without so much as a minor touch-up along the way. They put it on the market with crayon marks and deep scratches on the walls, carpet needing stretching, and paint faded and discolored. 

The second was clearly "kept up." This awesome property was immaculate, and looked like it was kept up every day. Matter of fact, the owner was cleaning the storm door as we arrived a couple minutes early. Every room, every surface, every detail looked like a builder model home at the start of the development. A pleasure to show!

The homes were priced the same. Guess which one gets sold for top dollar in it's first 10-days on the market?

So, sellers, tell me: Is your home kept up or used up?

close

Re-Blogged 4 times:

Re-Blogged By Re-Blogged At
  1. Robert L. Brown 08/04/2012 02:55 PM
  2. Cheryl Ritchie 08/04/2012 11:59 PM
  3. Valerie Zinger 08/05/2012 04:48 AM
  4. C. Lloyd McKenzie 08/05/2012 11:11 PM
Topic:
Home Selling
Groups:
Advice for Sellers
Tags:
selling condition
listing

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Rainmaker
1,075,396
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

This is something we have to stress over and over again.  Sometimes it may be good to have the prospective sellers view the competition so they can see for themselves.

Aug 04, 2012 03:33 PM #12
Rainmaker
98,280
Reuben Fine
Fill-In-The-Blanks PDF Flyer Templates www.TurnKeyFlyers.com - Rossmoor, CA
Great point! Appearance, first impressions, are vital; especially in this economy. A little TLC goes a long ways. Investment in a fresh coat of paint and possibly a basic exterior power wash can significantly improve your odds of getting top dollar.
Aug 04, 2012 04:39 PM #13
Rainmaker
978,240
Sharon Alters
Coldwell Banker Vanguard Realty - Fleming Island, FL
Your Fleming Island Relocation Agents.

Curt, what a great analogy! It's so true and many people think their home should get top dollar regardless of condition just because of where it is, or just because - you name it!

Sharon

Aug 04, 2012 05:17 PM #14
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Ellie McIntire
Ellicott City Clarksville Howard County Maryland Real Estate - Ellicott City, MD
CDPE, Howard County Homes for Sale

As a follow up to Lenn's comment, sometimes the bling is not as good as the money spent well on the systems. Easier and cheaper to replace a kitchen than a roof, ac and heating system and windows.

Aug 04, 2012 05:23 PM #15
Rainmaker
338,625
John Juarez
Prudential California Realty - Fremont, CA
CDPE, ePRO, SRES, GRI, PMN

I love your post, Curt. I have too often made the comment after viewing a home that the owner had lived there and “used the home up”. What a great learning experience for your client to be able to compare two similar homes that have been through the opposites of care and upkeep over their lifetime.

Aug 04, 2012 06:59 PM #16
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Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 800-610-7253 DRE01267479 - Costa M
Curt - A good portion of buyers want homes that are in good condition and ready to go. Otherwise, they're typically looking for a fixer upper/deal.
Aug 04, 2012 07:58 PM #17
Rainmaker
656,887
Evelyn Kennedy
Gallagher & Lindsey, Alameda, California - Alameda, CA
Alameda, Real Estate, Alameda, CA

Curt:

Appearance does matter.  Buyers want homes that are in good condition and look great.  They don't want to see a poorly maintained home.

Aug 04, 2012 10:40 PM #18
Rainmaker
327,385
Jon Quist
LONG REALTY - Tucson, AZ
Tucson's BUYERS ONLY Realtor since 1996

Love your headline. So true. It's the owner and caretaker, not the builder! I see this more than frequently.

Aug 04, 2012 11:53 PM #19
Rainmaker
689,021
Pamela Seley, REALTOR®
REALTY EXECUTIVES OTF - Temecula, CA
Seals the Deals in Temecula Valley California

I love that phrase "used up or kept up." I just showed a home that's over 50 years old and you would never know it. It's been kept up and updated over the years, and my buyer fell in love with it.  

Aug 05, 2012 01:03 AM #20
Rainmaker
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Sharon Parisi
Keller Williams Dallas Premier Realty - Dallas, TX
Dallas Homes

Curt, what a clever post!  If only all homes were "kept up versus used up!"

Aug 05, 2012 02:23 AM #21
Rainmaker
1,929,234
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thanks for the post with good advice for sellers. I love the title.

Aug 05, 2012 04:32 AM #22
Rainmaker
575,215
Valerie Zinger
House Proud Ottawa-Ontario-Canada - Ottawa, ON
Home Organizer

Curt:  

Excellent point.  I had not thought of a house as being used up but, with your explanation, I see how it certainly has had a best before date.  

Aug 05, 2012 04:47 AM #23
Rainmaker
573,802
Phil Leng
Keller Williams Eastside Market Center - Kirkland, WA
Phil Leng Team - Residential Real Estate Experts &

Hi Curt,

I had not heard those two phrases used before.

It makes a quick visual that is powerful

Phil

Aug 05, 2012 05:02 AM #24
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224
Curt..congrats on a well deserved feature...and for coining a term that I'm sure many will be using..."used up"!
Aug 05, 2012 05:03 AM #25
Rainer
71,688
Robert Rucker III
Fairbanks, AK

Hello Curt,

Congratulations on your post being featured. Though I keep it up pretty good, your post has actually inspired me to do even more work on my own home.:) Great post. Thanks for sharing.

Aug 05, 2012 05:39 AM #26
Rainmaker
894,358
Michael Setunsky
Michael's Commercial LLC - Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Curt, not hard or difficult to see which one the buyer's chose. Upkeep is important if you want to sell at the top of the market.

Aug 05, 2012 06:18 AM #27
Rainmaker
1,004,712
Gary L. Waters, Broker Owner Waters Realty of Brevard, LLC
Waters Realty of Brevard, LLC - Melbourne, FL
Personal Service, always.

Great post. Going to link back to this one. Love the kept up or used up approach.

Aug 05, 2012 06:30 AM #28
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Amanda and Jared Christiansen, YOUR Fort Wayne Realtors
Century 21 Bradley (260)704-0843 - Fort Wayne, IN
Century 21 Bradley.

Great post that all potential sellers should read.  Having your home listed isn't fun, but if you are going to list, you need to present it well.  

Aug 05, 2012 06:33 AM #29
Rainmaker
287,912
Charlie Dresen
Steamboat Sotheby's International Realty - Steamboat Springs, CO
Steamboat Springs, CO e-Pro

Great points for all the sellers out there.  Potential buyers do notice the little things.

Aug 05, 2012 02:53 PM #30
Rainmaker
494,200
C. Lloyd McKenzie
Prudential Allstar Realtors - Albuquerque, NM
MBA - Prudential Allstar Realtors -

Good Evening Curt:

What an excellent point you made in this blog.  I also like the fact that it was short and to the point

Aug 05, 2012 11:05 PM #31
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Rainmaker
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Curt Hess

Luxury Home Consultant, Team Leader & CEO
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