To Paint Or Not To Paint? It Depends Whose Side You’re On.
A tip for sellers:
Buyers will offer 3-4 times less than the cost of a simple repair or paint job required to make a home perfect for them.
So, if $500 dollars fixes a real (or perceived) problem, buyers will reduce their offer by $1,500-$2,000 for the property, or will make no offer at all.
Unfortunately, buyers and their real estate agents are not always honest in their feedback. Sometimes, they’ll give no feedback at all.
A tip for buyers:
The home with the ugly paint in the kitchen may actually be a better investment and a better buy than the home down the street with a kitchen painted using your favorite kitchen color.
Often, a seller is ignorant about their home’s features that buyers detest. When you make an offer, you can always ask for the desired repairs or changes prior to move-in.
