Margaret Rome's Blog

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How To Decide...

Today I went on an appointment to answer questions about putting a home on the market.

This property is in a very desirable neighborhood, good schools, well built, great lot but... it needs major updating.

Or TLC my translation is "tons of liquid cash."

 

 

Fix it up or sell as is

 

My opinion was requested about these options. 

Do we put money into the house, rehab it, update  extensively and try to get the going price in the area?

 Do we market at a price that reflects the 'as is' condition and move it quickly?

 

Either way this home would sell. But I can only give my suggestions...I cannot make the decisions.

They will call when they are ready. 

Now, I'm wondering which way they decide.

Stay tuned...it may be a few months.

 

Margaret Rome 410-530-2400

 

 

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Sell Your Home With Margaret Rome

Broker-Owner HomeRome Realty 

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Author of Real Estate the Rome Way

mrome@HomeRome.com

410.530.2400

 

 
Comment balloon 9 commentsMargaret Rome, Baltimore Maryland • December 30 2016 02:49AM

Comments

Good luck!

Posted by Lisa Hernandez, Realtor serving Kendall, South Miami & Pinecrest (Opes Real Estate Group) over 2 years ago

Hi Margaret, I am sure you gave the sellers great advice and hope they make the right choice. Happy New Year!

Posted by Rebecca Gaujot, Realtor®, Lewisburg WV, the go to agent for all real estate (Vision Quest Realty) over 2 years ago

Rebecca Gaujot, the Go To Realtor® We spoke for about an hour and a half. They have some things to think about.

Hapy New Year !!

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) over 2 years ago

 You can only do so much and it is up to the sellers in the long run. You are the best thing that the sellers have going for themselves Margaret Rome, Baltimore Maryland 

Posted by Paul S. Henderson, REALTOR®, CRS, Tacoma Washington Agent/Broker & Market Authority! (RE/MAX Northwest.) over 2 years ago

Making sure they see all of their options was a great first step.

Posted by Michelle Carr Crowe,Altas Just Call...408-252-8900!, Family Helping Families Buy & Sell Homes 40+ Years (Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty) over 2 years ago

We often do this...the "as is" is with anythng done that might get in the way of

fnancing and then we have pricing completed for updated along with comps

that reflect updating..to do or not to do is the Sellers' choice with all options outlined.

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) over 2 years ago

Hi Margaret - That's an exercise that we do frequently with our sellers, and it's a great tool for focusing them on the stuff that's really important, no matter which way they decide.

Posted by Dick Greenberg, Northern Colorado Residential Real Estate (New Paradigm Partners LLC) over 2 years ago

There is a lot to consider and you were certainly the right choice to call in for the answers, Margaret. Have a Happy New Year.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) over 2 years ago

Debbie Reynolds Thank you and a very Happy and healthy New Year to you  and everyone you love.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) over 2 years ago

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