What Do Buyers Want?

I sometimes do” for sale by owner” and I try to survey the potential buyers to see exactly what they are looking for as far as why they are buying and what motivates them in the purchase.

I do alot of buying and selling at the Jersey Shore so the buyers could want to buy for investment or vacation use or both.  Sometimes they are not sure what they want to do so it is important for you, no matter what the location, to know what the rental market is like in your area and what rentals are going for because that could possibly be a good sales tip.

When I am doing a rehab if the kitchen and baths are in presentable condition I will leave them alone and renovate around them.  The reason I do this is sometimes the buyer may want to pick there own colors and cabinets and fixtures.

A few times the wife did not like the choices I made, so it’s easier to offer this option.  What I do is market the property with two different prices.  One as is and the other with the kitchen and baths finished to there specs.

This sometimes will make the property sell faster, the husband likes the lower price and the wife gets to pick what she likes.  I figure what it would cost for me to finish the kitchen and bath,  and I give them a choice, I think giving them a choice makes the buying decision easier.

You would be surprised how many people would like to finish it themselves, so on your next rehab consider this option, it may make your sale easier.

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