Real Estate Ray's Blog: What Do You Want Your Buyers to Remember? The Liveability of Your Property or How Much They'll Have to Spend On Paint?

What Do You Want Your Buyers to Remember? The Liveability of Your Property or How Much They'll Have to Spend On Paint?

     Just over a year ago, we sold our home located in the Elk Grove community of Lakeside.  I have been a painting contractor for most of my years and I love color so our house had a lot of colors; sage green, fauxed walls that looked like deep red leather, pale yellow, regal purple and a few more.  We did paint the kids room and playroom a more neutral gray that matched the ceilings through the house, but that was it.  It was a mistake.  Most of the potential clients that viewed our home were younger and wanted a more modern color palate so it really reduced the potential buyer pool for our home.  We ended up finding a buyer that enjoyed our colors, except for the purple, but it took more time than it should have and probably cost us a few dollars.  See the great tips below by Kathy Streib.  

Shelter Cove Home

 

What Do You Want Your Buyers To Remember? The Liveability of Your Property or How Much They’ll Have to Spend on Paint?

 

 

Are you thinking about selling your home but not sure where to start in getting it prepared to sell?  Paint is a good place to start!

 

Depending upon the room and the amount of use it’s had, you may want to car with funky colorpaint on average every 5-7 years.  A child’s bedroom, for example, may need painting more often. 

 

But what about your paint color?  Even if you just had the exterior and interior painted, if they are too taste specific, you may want to consider investing in new paint. 

 

For example, the other day while out driving, we saw a car that could only be considered a cross between hot dog relish and baby’s poop. That’s all I saw when I noticed the car. 

 

After a second look, I saw that it was a luxury car that was almost $40,000. It didn’t matter to me...all I remembered was the color. 

 

Are you willing to let your bright pink room be all that your buyers remember about your house?

 

Sure it’s easy enough to paint over a color that you don’t like but that’s not always what buyers are thinking. 

 

In fact, they may not be able to see past the color to realize that the room would be perfect for their family. 

 

The color of your rooms shouldn’t be what a buyer remembers first. You want them to remember all of the possibilities of the space!

 

 Kathy Streib 

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             eXp Realty of California, Inc

Raymond Henson, SRES, GRI, e-Pro

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3412 Babson Drive

Elk Grove, CA 95758

RayRHenson@gmail.com

916-698-8415

 

 

Comment balloon 8 commentsRaymond Henson, SRES, GRI • July 01 2020 06:07PM

Comments

Hi Raymond Henson, SRES, GRI for YOU, it's only the cost of the paint....but for everyone else, that's a big painting job.... those must be 18' to 20' ceilings....and plenty of detail work....  beautiful home....I like the colors....but for someone who doesn't it's a reason to walk or have you there painting for 3 weeks....

Posted by Barbara Todaro, Previously Affiliated with The Todaro Team (RE/MAX Executive Realty - Retired ) 4 months ago

Great choice for a reblog!  Colors are definitely a tough topic since all buyers have different tastes.  I always value the advice from Kathy Streib 

Posted by Brian England, MBA, GRI, REALTOR® Real Estate in East Valley AZ (Vacasa) 4 months ago

Barbara Todaro, I had quite a few people tell me they thought it was beautiful, but not their style.  And yes, that is a big paint job for someone to undertake or hire out.

I agree, Brian England, Kathy does have valuable advice.  I should have virtually had her walk the house for me BEFORE I put the house on the market.  It all turned out fine.  It just took me a couple months to find the right buyer.

 

 

Posted by Raymond Henson, SRES, GRI, Realtor (eXp Realty of California, Inc. (lic. #01878277)) 4 months ago

This is excellent advice. The first (and most important) impression is emotional, and color is a great influence on emotion. If a color is jarring, the prospect will not feel at home. The cost of painting is moot if the buyer does not positively respond to the home.

Posted by Gwen Banta (Sotheby's International Realty) 4 months ago

Incidentally, a well-known LA designer once advised that sellers not think of neutral colors as boring, but as a palette for the next artist to leave his signature.

Posted by Gwen Banta (Sotheby's International Realty) 4 months ago

Gwen Banta, I like that, thinking of neuatral colors "as a palette for the next artist to leave his signature."  I did leave my signature on the house.   I know the buyers pretty well so I need to see if they like that signature or if they have customized it. Thank you for dropping by.

Posted by Raymond Henson, SRES, GRI, Realtor (eXp Realty of California, Inc. (lic. #01878277)) 4 months ago

Very good advice. We had a listing of a home where the owner painted every wall red or maroon and the borders were with black paint. They wouldn't listen to our advice for a long time...then after we finally convinced them to neutralize it, we received 2 offers within a week!

Posted by Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Home and Condo Specialists (The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803) 4 months ago

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Well done!  The more of a statement the seller makes with his house, the smaller the pool of potential buyers.

Posted by Raymond Henson, SRES, GRI, Realtor (eXp Realty of California, Inc. (lic. #01878277)) 4 months ago

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