Chad Stewart is a Real Estate Pro with Rockford Realty Group. I personally update andmaintain my website and this blog. North Florida is a great place to live and work. I work with buyers and sellers for real estate in Lake City, FL, Columbia County, Florida & the surrounding areas. Check back frequently to this blog for Florida real estate news, Market info, technology updates more Lake City FL Real Estate info. Rockford Realty Group
Thursday, July 29, 2010
The Psychology of Real Esate - Interesting
I definetly would reccomend painting and recarpeting if your home is showing too many signs of aging or wear an tear. This will help the buyers get past the cost & hassle of having to redo it themselves after they purchase. Most buyers will over compensate about 2-3 times for these type of items.
Example: If a buyer walks into a moderate home that needs new paint & flooring, rather than see or estimate it till take $2,500 for paint & carpet, they will estimate $5,000 to $7,500 just to be safe & offer that much less. Its good for both buyers & sellers to understand this & think logically about it to make the best decisions.
Thanks. Check back again - Chad Stewart - Westfield Realty Group - Lake City FL Real Estate Broker Associate.
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