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Monday, July 21, 2008 - Would Someone Tell Me What Buyers Want?

Just a quick link today - What are homebuyers looking for?

 

The National Association of REALTORS® (NAR) 2007 Profile of Buyer’s Home Feature Preferences lists the top 10 things that buyers stated they desired in a home.

 

Does this mean that if you don't have many of these features that your house won't sell? No. It means that to appeal to the biggest pool of buyers, having these features help.

 

(C) 2008 Susan Pruden.

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Monday, July 21, 2008 - RE: Would Someone Tell Me What Buyers Want?

Posted by Tom Priester
In my opinion the number one item of importance in the minds of buyers in todays marketplace is the assurance they are making a good financial decision in buying now in lieu of waiting. As real estate is so geographically oriented, not just by state, city but in my area of Southern Florida, it is important to show them the facts about the market conditions in their neighborhood and sometimes even their street and/or building. The buyers goals are extremely important and as REALTORS we need to help them explore the ramifications of the time span they plan to stay in the home they are thinking about buying, the trend in interest rates and how they will effect them in the long term. With some simple documentation is is easy to show buyers who are planning on staying put for a period of a few years that there is no better time than today to buy. The opportunities are incredible in this market.
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Monday, July 21, 2008 - RE: Would Someone Tell Me What Buyers Want?

Posted by Susan Pruden
Thanks, Tom -- you can read my response in my next blog post!  You gave me some much-needed blogging energy this morning :)  --Susan
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Informal observations about Prince George's County Real Estate and happenings around our local area. I'm Susan Pruden, in Cheverly Maryland and I welcome your comments and participation.

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