Understanding this from the beginning will result in less heartaches. More than likely you love your home. You love how you decorated your home. You love that red dining room wall. You love having the children’s bedrooms right next to your bedroom. Yet, diversity makes the world go round and some prospective Buyers may like certain things about your home, while not other things about your home. They may plan a remodel. Understanding Buyer differences and that certain things about your home will appeal to certain Buyers, while not all things will appeal to them. Not all Buyers will like where your home is located, how your home is decorated or what amenities your neighborhood offers them or lack of amenities. What does matter is that just one Buyer thinks the price of your home is fair, likes where your home is located and can envision themselves living in your home, even if they want to get rid of the red dining room wall and do a bit of remodeling. That’s okay. It doesn’t matter. You just need that one Buyer. Of course, if your home is priced right and presented well there will likely be more than one interested Buyer, particularly in the current Real Estate market that showcases a Seller’s market in most southeast Florida cities. So remember, if they send you an offer to buy your home, you’re halfway there.
Eliminating your garage to add on an extra room in your home will cost you many prospective Buyers
You thought you would convert your garage to have the use of a home office. Your argument is that many Buyers want a home office, don’t they? Sure they do, but not at the expense of losing a garage. Do you now understand the tradeoff here? If that garage was really a must, then swallow hard and accept the fact that the perfect Buyer may be harder to come by for you when selling your home.
Your home’s selling price is not a simple square foot calculation
What? No way. Really, you ask? Who knew?! Unfortunately, you’re not alone, as many, including Real Estate Agents, wrongfully calculate a home simply by its square footage. A home’s value is so much more than it’s square footage. It’s about the updates or no updates, it’s about the good/bad location, it’s about the functionality, it’s about the condition, it’s just so much more that must be factored into your home’s selling price.
Now, that you’re feeling that lump in your throat as you really had no idea, by all means, make sure your Real Estate Agent doesn’t try a simple square foot calculation, as that’s just one of many things to avoid in a Real Estate Agent.