Friday, October 11, 2013

Peggy Gachet's Real Estate Outlook

Ever Thought About Selling Your Home Furnished? 

If that's a question you are currently asking yourself, ask just one more!  Is there a demand for furnished homes in your market?
 
A local Real Estate Professional should be able to guide you through the decision making process. Depending on the quality and décor it may add value through the eyes of a buyer.  In many cases however, it can distract from the sale.  It may help to visit a few model homes in your area to view the latest trends.  I recommend you take a camera and take lots of photos.  Then when you go home, take photos of the same room in your home and compare the two.  If your home looks like a model the answer may be "go for it".  Otherwise, your Realtor should be able to offer suggestions for discarding used furnishings.  Auction houses, consignment shops and of course donating to a charity is always an option.
 
Of course, location has a lot to do with the decision making process.  Resort communities frequently sell with the furnishings in place.  The buyer can then take their time replacing any items they aren't fond of and simply making the place their own.  Remember to remove any items you may not want to convey with the sale before the prospective buyer sees the property.  It's easier to negotiate a offer since "items" will not come into question.  If that's not possible, be clear with your Realtor of any "exceptions" that will be made at the time of listing.  Ideally, an inventory list can be presented to the buyer prior to their first visit.
 
Finally, I recommend you have a clear understanding of how your decision will affect appraisals, taxes, fees, financing, etc. so the best decisions can be made for your situation.