It Pays for Sellers to Have Their Home Perfect and Turn Key

In this incredible market so favorable to sellers it seems that just about every home sells regardless of location and condition.   This doesn’t Fireplace-Sunshine-smallmean, however, that they’re maximum prices.  The most impressive sales have all been homes that have been beautifully presented, updated, and staged.

According to Manhattan Beach realtor Keith Kyle, “While most homes that are priced appropriately are selling, we’ve seen a buyer frenzy around the more turn key homes lately.   Whether the homes are new construction, flipped, or just remodeled and staged, buyers in this market are willing to pay a premium for the “perfect” home.   The reaction by buyers to some of these homes has been incredible and we’ve seen a number of sales with multiple offers selling for way over the asking price…in some cases we’ve seen homes sell for more than $200,000 over list price.  It seems that each time a new listing hits the market that shows like a model home, there are bidding wars and prices that are hard to believe.”

These homes are in incredibly high demand as the number of buyers wanting turn key, and not wanting to do any of the work themselves seems to be on the rise.  Simple things such as fresh paint and carpet, scraping the ceiling, new appliances and recessed lights along with staging can pay huge dividends for sellers.  The costs involved are recouped and then some.