by Tara-Nicholle Nelson
The
prospect of selling your home effectively makes you a marketer. And
effective marketing requires that you understand the mind and
priorities, likes and dislikes of your target buyer. In real estate, we
all know that buyers like to see homes that are pristine, huge and
well-located. Sometimes, though, it’s much harder to recognize when our
own homes might actually be triggering buyers’ distaste - or disgust.
Earlier this year, I gave you some critical insights into what specific things turn buyers off -
and now I’m back with a handful more! Whether you’re preparing to sell
your home, or you’re in the market to buy a home and want to be aware of
what the property’s resale prospects might be, here are five home
features and characteristics that are big-time turn-offs for today’s
home buyers.
1. Pools.
Twenty years ago, having a pool was seen as a luxurious amenity -
almost a status symbol that you had made it, if your home had one. Fast
forward a couple of decades, though, and many home buyers are turning
down homes specifically because they have a pool.
There are
a couple of core buyer subgroups who love pools: people who live in
places where summers are super hot and people who really like to swim.
But those buyers are vastly outranked in number by these other
subgroups:
- people who know they won’t swim enough to use a pool, and think that maintaining one would just be a waste of their time, energy and money
- people who would rather have a yard, and are looking for homes in areas where they either have a pool or a backyard - but not both, and
- people who have young children and see a pool as a safety hazard.
If you
happen to have a pool, your best bet is to market your home as best you
can to those buyers who truly want one, and to mitigate the perceived
negatives of pool ownership by being both pragmatic and creative:
- ensuring the pool has a well-functioning fence and cover,
- staging the rest of the backyard in a way that maximizes the non-swimming activities a buyer will see as possible in the outdoor space, and/or
- offering to pre-pay for a year of the buyer’s pool maintenance as an incentive of the home sale transaction.
2. Your stuff. Yes - your taste is immaculate. But it’s your taste. What buyers are really looking for when they come to view a home is a palate on which they can envision easily applying their
tastes. Accordingly, a primary goal of smart home preparation is
depersonalization or neutralization, simply removing most or all of the
personalized touches that make your home reflect you unless they are
also neutral enough that any buyer, from any age group or cultural
background can step in and put their mind’s eye to work at filling in
what the place would look like if they lived there.
That
said, it’s also entirely possible that your things might not be as
attractive, nice or tidy in the eyes of a buyer as you perceive them to
be. In the same vein, the tchotchkes, knickknacks and memorabilia that
you see as cozy and warm are highly likely to be seen by buyers as dumpy
clutter. I have personally been in homes with a number of buyers where
the fact that the sellers still had so much stuff or such bad stuff
throughout the home distracted the buyers from appreciating the
property’s true potential, and what it might be like if they simply made
some cosmetic edits and redecorated.
We’ve
talked a lot over the years about the idea of simply pre-packing,
staging by boxing up everything but the very most basic daily essentials
and get them ready to move - some sellers find that to be a much more
effective way to think about the project of decluttering. Also, you can
reset your own perspective on what you need to get rid of or move out
to put your home on the market by visiting professionally staged Open
Houses, hiring a stager just for an hourlong consult or even asking your
agent to walk through your home and stick mini-Post It notes on things
that need to be moved out before the listing goes live.
3. Carpet. Obviously,
old, dirty, pet-impacted and bizarrely colored carpets (red?!) are not a
draw for buyers. But this generation of home buyers takes the carpet
conundrum even further, exhibiting a distaste for carpet - period.
Concerns about the relative difficulty and expense of cleaning carpets,
to the cost of replacing them when you want a decor change, to the
tendency of carpets to hold pet hair, mites and other allergens that may
impact family members with respiratory issues are, collectively causing
carpet to fall out of favor with today’s home buyers.
The
majority of home buyers express a desire to have hardwood floors in
their next home; other hard floor surfaces, from bamboo to tile to
concrete to cork, are rapidly outpacing the popularity of carpets
(though some buyers do still prefer the softness and warmth of carpets
in their bedrooms).
If you
were thinking about replacing your carpets before you put your home on
the market, consider replacing at least the living and dining areas with
hard wood or a similar finish. And if your home has carpet over
hardwood, talk with your agent about exploring the idea of ripping it up
- it might not be as expensive to repair or refinish as you think, and
in many areas, buyers prefer even an imperfect hardwood floor over nice
carpets.
4. Gold bathroom fixtures.
Gold bathroom fixtures are part of a larger category of buyer
turn-offs perhaps best described as things that are old, but not old
enough to be vintage, retro, classic or historic. As a general rule,
this includes household appliances, finishes and decor that dates from
the ‘70s and ‘80s, give or take a decade, depending on where you’re at.
For instance, the popularity of Mad Men has driven a massive amount of
interest in all things mid-century modern, bringing the 50’s and 60’s
decor and design aesthetics that just seemed plain and old when I was a
child back into vogue - but somewhat more in urban than suburban taste
zeitgeists.
This
means that those goldenrod refrigerators and wallpapers with marigold,
orange and avocado floral patterns are decidedly passe. Similarly, gold
bathroom and lighting fixtures, popular in the 80s and 90s are seen as
dated by buyers, who much prefer sleeker, matte-er stainless, brushed
chrome and even bronze or white finishes where metal finishes are
necessary. Is this just another trend? Yes. But replacing gold
bathroom finishes and recessed lighting can covers is relatively
inexpensive to do; touch base with your stager or agent regarding
whether they think these micro-home improvements will make much of a
difference with buyers in your area and your home’s price range.
5. Elaborate gardens and/or vast landscaping.
A huge backyard seems like it’d be a big draw. So do the flower and
botanical gardens that the seller obviously spent hour upon hour
designing and tending to. But they also seem like a lot of work to
today’s time-strapped and cash-conscious buyers. Not long ago, a buyer I
know actually de-prioritized a home they otherwise loved, because it
was surrounded by an enormous Japanese garden, bonsais and all, that the
buyer admired, but knew they could and would never be able to care for.
Same can go for elaborate, high-maintenance food gardens or even
super-large front and backyards: some buyers simply know they don’t or
won’t put the time, money and water into their care, so would rather not
take them on.
Nothing
about this should stop you from creating such an outdoor space if that
is part and parcel of the lifestyle you want to live in your home. But
it should be a factor you consider if you are concerned about reselling
your home in the near future, and it might impact how you market your
home if it has any of these sorts of features. If you have a miniature
botanical garden at your home, why not find out if the local botanical
garden or garden society has a newsletter you can place an ad in? If you
have bees and chickens in the middle of Chicago or the heart of L.A.,
is there an urban farming club or blog that reaches that audience?
Work with
your agent to research where local buyers who would love your home’s
unique or high-maintenance features, then market your home to them
via publications, websites or organizations in which they already
participate. Once you understand that the average buyer might find
these features to be less-than-desirable, it’s time to get creative
about finding the buyer who will find them to be just what they’ve
always wanted.
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