Tag

cosmetic improvement

“Not a Flip,” Deciphered

Tackling the Big Stuff ” or Just Cosmetics? Occasionally, I see a listing agent who takes pains to assure Buyers’ agents in the “Agent Remarks” field on MLS (seen only by Realtors) that the home “is not a flip.” What’s going on? The listing agent (representing the Seller) wants Buyers to know that the home...
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Prospective Buyer: ‘No More Flips, Please’

Skin Deep Beauty — Real Estate Version I’m working with a prospective Buyer currently who’s (politely) asked me not to show him any more “flips”  — that is, homes that have been purchased within the last six months by rehabbers, cleaned up and (selectively) updated, and then put back on the market at a much...
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The Downside to Pitching Upside Potential

“Just Needs Your Cosmetic Touches” When the home you’re selling is lit by the equivalent of kerosene lamps, you’ve really got no choice: one way or another, you’re going to have to inform prospective Buyers that they’ll need to do extensive updating and/or remodeling (my favorite Realtor euphemism for that: ‘Just Needs Your Cosmetic Touches!”)....
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