Monday, November 26, 2007

"Needs TLC"

When you see this in the description on an MLS listing this is what if means:

For Buyers - It means that you will have to do updating and maintenance to the home. Often times this means the Kitchen, Bathrooms, Roof, Furnace, or Siding could need to be repaired or renovated. Unless you know a good contractor you might want to steer clear of these houses.

For Sellers - If your Real Estate Agent puts this in the description on your home's MLS listing than you should know that this could limit your home's marketability. I would suggest discussing what is going to be in the description of your home before they enter it in the MLS because some home buyers will not consider your home if it 'needs TLC'.

Hope you find this useful!

Joe Cameron, Gateway Realtors & VBM Appraisals
www.JosephLCameron.com

No comments: