The Truth About The Market Shift

Published: May 27, 2019, 3:52 p.m.

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So there has been a shift. No, we\'re not saying that the market is getting ready to go bust, but what we are saying is that we\'re seeing some differences in the market. So no longer are we seeing houses on a regular basis selling in just a few days on the market. That seems to have gone by the wayside unless it\'s just a spectacular house because it has a fabulous lot or it has a fabulous finish out and is different from the other homes around it. So what we\'re seeing a lot of is that buyers are taking their time finding homes. No longer are they grabbing at the first thing that goes on the market and they\'re getting picky about what they want in a house. And houses without any updates in line with today\'s current trends are seeming to sit on the market longer because buyers at this point are not even wanting to do paint, which used to be just a simple change to a house.

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Buyers are really wanting to walk in and have a home turnkey. So some of the things that we can do that will help a buyer get most of the way there in seeing how great your home is, is put a fresh coat of paint on the walls and the trim. Try and find something that\'s in line with today\'s current trends. Most of the people out there are still looking for gray on the walls. And then of course the trim to be white. That is what most buyers are looking for.

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We can change out the backsplash in the kitchen pretty inexpensively. Usually most real estate agents have tile vendors in their lists that can do that for approximately $750 for most backsplashes and a current back splash, even if the granted hasn\'t been changed out, makes a huge difference as well. And the flooring, if that\'s in your budget, most of the buyers are looking for all of the flooring on the first floor to be the same type of flooring. Now that may or may not be in your budget, but if you\'re looking to do something for flooring, that should be what you would do. I would not replace carpet at this point. Most buyers are coming in and taking up carpet and putting down the same floor that\'s in the rest of the house if they can match it, and if not, they\'re putting in all new floor all throughout the bottom of the house.

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Painted cabinets is another one, if you paint the kitchen cabinets. I know that\'s really hard for some people with all wood cabinets, but that is what buyers are looking for is painted kitchen cabinets.

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So if you\'re looking to put your house on the market, we do a pre listing consultation, and if you do have a budget to do some things in the house, then we would love to meet with you to do a pre listing consultation and let you know where to put that money, where you\'re going to get the most bang for your buck and get the most return with the changes you make in the house.

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