Maryland Real Estate Authority |
| Sellers Adjust Plans to Lure Buyers Posted: 30 Aug 2010 02:00 AM PDT In a recent New York Times article, Goodbye, Glitzy Condo Pitches, the newspaper examined the ways in which condo developers had to adjust their expectations, marketing strategies and even architectural plans to lure buyers. You may not be selling a luxury condo in New York City, but you can certainly learn something from the adjustments these developers had to make. One luxury building had plans for a children's playroom and 60 private roof cabanas, but after examining the market, they scrapped these plans; the playroom instead became a billiard/television room and the cabanas became a roof deck that all residents would share. Since your house is likely already standing, you will not need to change its architecture. However, if you are thinking about making improvements to sell your home in the near future, stick to the basics. You don't have to wow prospective buyers with elaborate improvements; instead make sure the basic elements of the house are in good shape. For example, why put in a dazzling whirlpool tub when you could spend money making sure the kitchen and bath have top of the line appliances and good cabinetry? Do your research and look at the listing descriptions for recently sold homes in your area—what kind of amenities did these homes have? And if you are looking for a top Maryland real estate agent to help sell your Maryland Real Estate, call on John Day. Further Reading- Remodeling? Start with the Kitchen What Buyers Want: Basic Edition
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Maryland Real Estate Authority Part 1
Maryland Real Estate Authority Part 1
Maryland Real Estate Authority Part 1
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