The Villages Florida Area Real Estate: Want New Insight into A Young Buyer's Mind?

Want New Insight into A Young Buyer's Mind?

Want New Insight into A Young Buyer's Mind?

This morning, while eating breakfast, I watched A&E's Sell this House.  Nothing highly unusual about this on a Saturday morning before heading out to showings later in the morning, but what was unusual is that one of my children watched it with my wife and me for the first time.  It was amusing to hear the perspective of a 23-year old who is hoping to be in the market for a house in the next year or two:No Staging Needed Here

1.  It doesn't look any better than it did before they staged!!

2.  What is the deal with the candles?  What are they trying to cover up?

3.  I would never buy a house with wallpaper--it is just too much work!

4.   How much does it cost to paint have a room painted?  How about remove wallpaper?

5.   How about using some common sense?  That house should be clean!  They would REALLY leave dirty dishes in the sink and a disgustingly dirty stovetop like that?

I hear my first time buyer clients make comments like this all the time, but I found it interesting that a youngster who grew up in a family that transferred many times, redecorated or renovated homes that they purchased, and who heard about many of the homes that I have shown over the past 10 years would have the same feeling as most of my first time homebuyers--they want to move in and live, not work!

 

 

Chris K. Canfield

REALTOR®, ABR, CRS, e-PRO, GREEN, MRP, SRES 

Coldwell Banker Residential Brokerage

2890 E. Skyline Drive, #250

Tucson, Arizona  85718

 

 

Mary-kay Canfield and Chris Canfield ActiveRain ProfileE-mail Chris and Mary-kay Canfield

 

 

Comment balloon 15 commentsChris Canfield • January 22 2011 08:35PM

Comments

Hi Chris~  You are absolutely correct.  Most buyers just want to move in there and live in it.  They do not expect or want to do any work, unless of course they get it for an awesome deal!  And even if it is in perfect condition they still won't over pay for it!

Posted by Vickie McCartney, Broker, Real Estate Agent Owensboro KY (Maverick Realty) almost 8 years ago

Really great! I suggested your post. I don't watch a lot of TV so I did not see that episode but I am glad that you shared the young buyer's insights and thoughts.

Posted by Ellie Shorb, Realtor DC, MD & VA Luxury Home Expert (Compass Real Estate) almost 8 years ago

Young buyers think a bit differently than buyers of the past, they want it quick and easy and NOW! That is OK, we just need to be prepared to deal with them.

Posted by Jeanne Kozak, REALTOR and Broker/Owner in WV and VA (RE/MAX In Action) almost 8 years ago

Hi Vickie - Maybe the DIY shows over on HGTV are scaring the younger buyers away from wanting to do the work themselves?

Posted by Chris Canfield, Homes for Sale in Oro Valley and Tucson, Arizona (Coldwell Banker Residential Brokerage) almost 8 years ago

Hi Ellie - Yes, my kids are very vocal.  It was really more fun to listen to the comments than watch the show!  She also thought it was very unrealistic that all the "before" comments were completely negative and the "after" comments were "Oh how LOVELY."  : )

Posted by Chris Canfield, Homes for Sale in Oro Valley and Tucson, Arizona (Coldwell Banker Residential Brokerage) almost 8 years ago

Hi Jeanne - I understand the buyers as I work with MANY young buyers.  But I thought I had raised children who liked to "do it yourself."  : )  Maybe they have been too involved in our DIY projects.

Posted by Chris Canfield, Homes for Sale in Oro Valley and Tucson, Arizona (Coldwell Banker Residential Brokerage) almost 8 years ago

Hi Chris,  I loved reading this. Family and real buyers are based in so much reality. Certainly different than the staged Reality TV programs, though both have an enlightening perspective. 

Posted by William Johnson, San Diego Real Estate Voice, GRI CRS e-Pro CDPE (RE/MAX Associates) over 7 years ago

That is really interesting.  Fresh perspective is always good...even if it confirms what you already thing.

Posted by Debbie Gartner, The Flooring Girl & Blog Stylist -Dynamo Marketers (The Flooring Girl) over 7 years ago

Too many home sellers fail to get it. If nothing else, the property should be clean. Hope you are having a great weekend.

 The colors of winter in Maryland. Life is good!

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) over 7 years ago

Chris ... Instant gratification! It's a sign of the tech age.

Posted by Rick Cignoli, Sr. Mortgage Loan Officer (Norcom Mortgage NMLS# 71655 Equal Housing Lender) over 7 years ago

Chris--Interesting comments from your 23yr old. Their lives are too busy to work on making the house a home. I always wonder about the first time buyer that wants a foreclosure and says they are willing to fix up...usually they aren't so willing when they see what it will involve.

Posted by Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro (Boardman Realty) over 7 years ago

Hi William - Sometimes we have to take ourselves out of our own mindset and think more like buyers and sellers.  This is particularly tough when both my wife are working in real estate.  She always knows what I am talking about.

Posted by Chris Canfield, Homes for Sale in Oro Valley and Tucson, Arizona (Coldwell Banker Residential Brokerage) over 7 years ago

Hi Debbie - Seems like we talk through most of the program . . . : )  Too many opinions!

Hi Roy - I spent the weekend showing lots of houses, and I was amazed at how many sellers did not get the "if nothing else, the property should be clean" point!

Posted by Chris Canfield, Homes for Sale in Oro Valley and Tucson, Arizona (Coldwell Banker Residential Brokerage) over 7 years ago

Hi Rick - Or maybe they watched their parents wear themselves out working on the house for years and don't want to go that route!  : )

Hi Teri - It is interesting how many first time homebuyers decide that foreclosures are not the bargain they are made out to be.

Posted by Chris Canfield, Homes for Sale in Oro Valley and Tucson, Arizona (Coldwell Banker Residential Brokerage) over 7 years ago

Efficiency is the key when you communicate with younger buyers.   This is not a generation that likes to spend time speaking on the phone. They prefer information at their fingertips, whether it's on your website, through a live chat, in email exchanges or on social media. They only come to us when they can't find the information online or ready to move forward with buying the house. 

Posted by Inna Ivchenko, Realtor® • Green • GRI • HAFA • PSC Calabasas CA (Barcode Properties) about 2 months ago

This blog does not allow anonymous comments