Wednesday, May 4, 2011

What do Buyers Want?

The United States had tax credits in 2009 and 2010 for both first-time homebuyers and move-up homebuyers. The nation saw a spike in sales because of this incentive, but has recently slowed now that there is no pressure to buy under a deadline. Buyers are taking their time before making a decision which is why your home must stand out to potential buyers. There are not as many buyers these days, so sellers have to meet expectations. Prospective buyers have the upper hand in the current real estate market.

So what are they looking for? Buyers today want move-in ready homes and they are willing to pay extra on a price tag if it will save them time, money and effort in the long run. Buyers are typically looking for amenities such like granite counter tops, fresh paint, hardwood floors in great condition and airconditioning. There are really two seperate trends emerging: one with houses that are in good condition and priced well and another with higher priced homes that need work.

If you are a potential seller thinking about putting your home on the market, make sure to read articles and get tips for easy aesthetic home improvements. Sometimes just a fresh coat of paint and new hardware can get you up to another $1,000! Also remember that kitchen and bathroom upgrades are worth the most value to buyers!

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