What Matters?

In their annual Profile of Home Buyers and Sellers, the National Association of Realtors asks a fascinating question to the home buyers in their survey.  The question is “On which characteristic of the home did you make a compromise?”

Buyers enter the process with a “wish list” and a picture of their perfect home.  Inevitably, the reality of the market sets in and there are some compromises made along the way.  So, what matters most to a buyer?  What will they compromise?

It turns out that buyers will make a compromise on price well before many other items.  Only four percent of buyers compromise on quality of schools, 14 percent on distance from job, 18 percent on condition of home, and 23percent on price.

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The lesson for sellers- location and condition matter more than price!

Windermere Real Estate recently completed an extensive report on the Northern Colorado market called “The Scoop.”  To receive your free copy call 970-460-3033, or email fortcollins@windermere.com.

Eric Thompson, President
Windermere Services Colorado
970-232-4364
www.windermere.com