5 Things Buyers Won’t Tell You About Your House
Buyers may smile, compliment your home and politely walk through each room. But what they say during a showing is not always what they are really thinking.
When you are selling a home, honest feedback can be difficult to get. Buyers usually do not want to offend the seller, create an uncomfortable situation or reveal anything that might weaken their negotiating position.
Instead, they leave the showing and discuss their real concerns privately with their agent. Those unspoken concerns can determine whether you receive an offer, how much a buyer is willing to pay and whether your home sits on the market.
Here are five things buyers may be thinking about your house, even when they never say them directly.
“Your Home Feels Smaller Than It Looked Online.”
Professional photography can make a home look bright, open and spacious. That is important for attracting buyers, but the home still needs to deliver when they walk through the front door.
Oversized furniture, crowded countertops, full closets and too much décor can make rooms feel smaller than they actually are. Buyers may not tell you that the space feels tight. They may simply decide the home does not fit their needs.
“I Can Smell Something, But I Don’t Want to Say It.”
Homeowners often become accustomed to the everyday smells inside their property. Buyers notice them immediately.
Pet odors, cigarette smoke, damp basements, strong cooking smells, trash, litterboxes and heavily scented air fresheners can all create concern. Even an overwhelming fragrance may cause buyers to wonder what the seller is attempting to cover up.
Smell creates an emotional reaction. A buyer may forget the new flooring or updated kitchen, but they will remember how the house smelled.
“The Updates Aren’t Worth as Much as You Think.”
Sellers often place significant value on improvements they personally selected and paid for. Buyers evaluate those improvements differently.
A custom paint color, expensive light fixture, elaborate landscaping project or converted room may have been valuable to you without adding the same amount to the home’s market value.
Buyers generally pay the most attention to condition, location, layout and how your home compares with competing properties. They may appreciate your improvements, but they will not necessarily reimburse you dollar-for-dollar.
“I’m Worried About All the Little Repairs.”
A loose doorknob, dripping faucet or cracked outlet cover may seem minor on its own. When buyers notice several small issues, they often begin wondering what larger problems might be hiding behind the walls.
Buyers frequently use visible maintenance as an indication of how well the entire property has been cared for. Even if the major systems are in good shape, a collection of unfinished projects can make the home feel neglected.
“I Like the House, But Not at This Price.”
This is one of the most important things buyers will not always tell you.
Buyers may genuinely like your home and still decide not to make an offer because the price feels too high compared with other available properties. Rather than submitting an offer that could be rejected, some buyers simply move on.
When several buyers tour a home without making an offer, the issue is not always the marketing. The market may be communicating that the home’s condition, features and price are not aligned.
Buyers Speak Through Their Actions
Buyers may not always tell you exactly what they dislike, but their behavior provides valuable information. Few showings may indicate a pricing or marketing issue. Plenty of showings with no offers may point to condition, presentation or price. Repeated concerns from multiple buyers should never be ignored.
The best sellers remain objective, listen to the market and make adjustments before their listing becomes stale.
Thinking About Selling Your Home?
Before you make repairs, choose a list price or begin preparing for photos, schedule a professional home-selling consultation. We can help you understand what today’s buyers are looking for, which improvements are worth making and how to position your property for the strongest possible result.
Schedule a Seller Consultation