November 26, 2022


Professional Real Estate Experts

Headscratcher Of The Day |

No shock that our new listing uncovered a buyer previously. The one-tale households with all the extras are in all probability the most beautiful purchases in the marketplace, and anybody can offer these – it is just a make a difference of who can get what selling price.

I experienced 200+ people show up at the open up homes final weekend – and at minimum 90% of the people had been seniors.  Still, NONE of them submitted an present.

Think about that!

I imagined this property would be a best match for those people who are getting older and want to get out of their two-tale property. Individuals seeking to retire in this article and want a pool for the grandkids. Anyone fitting the usual downsizer profile.

Whilst there were being loads of lookers, none of the seniors created an provide. Why?

  • Are there hundreds of seniors just beginning their research?
  • Are there seniors who assumed they had been authentic potential buyers but couldn’t pull the bring about quick ample?
  • Are there hundreds of seniors passing on the third a person-tale providing in this tract this yr because of price? Anyone who lives close by can promote theirs for a related selling price and consider their home-tax basis with them, so it is just a swap of equity so why would rate be a psychological barrier?
  • Is it the perceived issues of selling a person and purchasing a further?
  • Are they just content more than enough in their two-tale house, but have a all-natural curiosity about residing in a a person-story? Is shifting to a single-stage just a wonderful concept?

Most of the attendees were receiving all around great – there were just a pair of old guys limping all-around. My principle is that residing in a two-tale will be tolerated until finally the really conclude, and if it will get poor enough, you can constantly rest on the sofa downstairs!

What do you think?