Home buyers and sellers are adjusting expectations and “getting real” about real estate in 2012, according to a recent survey of 691 Coldwell Banker Real Estate professionals. About 51% reported that sellers are more willing to cut prices, and 45% percent said sellers will change the appearance of their homes to entice buyers.· 94% say their sellers are getting rid of clutter and making cosmetic updates, such as fresh paint and minor repairs.
· 78% agree clients are willing to “de-personalize” the home.
· 59% say sellers are even bringing in new home decorations or furniture to help make the home more appealing.
· 33% say a new or updated kitchen is the most important homebuyer feature
· 14% say the most important feature is an open floor plan, while 12% say it is a new or updated bathroom.
· Only 1% believe that entertainment rooms or finished basements are most important
For the full report, CLICK HERE.
