We are selling our home. Our Realtor told us with a master upstairs we need to deduct $5000.00 off our selling price of our home. Is this correct?
2007-03-15 15:27:22 · 5 answers · asked by Craig M 1 in Home & Garden ➔ Decorating & Remodeling
I personally prefer a downstairs master, but I wouldn't deduct $5k because of it. A good realtor will give you a CMA (Comparative Market Analysis) of homes that have recently sold in your area and their stats (sq. ft., selling price, etc.) They'll use that to give you a fair range to list your home at.
Make sure you interview at least three realtors before choosing who will market your home. This is a major transaction and you want someone who knows what they are doing.
2007-03-15 16:11:49 · answer #1 · answered by homeschoolmom 5 · 0⤊ 0⤋
I say get a second opinion form another Realtor! I just bought my House six months ago and
WANTED the master bedroom upstairs to be closer to the kids.
I think the Realtor is full of crap! It just depends on what the buyer wants. Some like a first floor master, some (with young kids) like a second floor master.
Do not take 5 grand off the price of the house for that reason.
Good Luck!
2007-03-15 23:13:26 · answer #2 · answered by chickemama 3 · 0⤊ 0⤋
No. Get a new Realtor! They don't know what they are talking about. The average home now days have the master on the top floor. People look for a master upstairs to get away from the rest of the house.
2007-03-15 23:23:21 · answer #3 · answered by G.G. 3 · 0⤊ 0⤋
Where are you located? Never heard that one.
Am a builder and wife was a Realtor for 30 years.
In California. Find another Realtor and ask. Wow, what will they think of next?
Hisemiester
2007-03-15 23:02:57 · answer #4 · answered by hisemiester 3 · 0⤊ 0⤋
get a new realtor...i think thats crap...
2007-03-15 23:08:14 · answer #5 · answered by tigermoondog 4 · 1⤊ 0⤋