Residential Real Estate
Tara Miller, Realtor
11215 State Rd 70 East, Suite #105
Lakewood Ranch, FL 34202
(941) 373-5363 Mobile
(941) 739-6777 Office
(941) 739-6670 Fax
Sold a condo 'furnished' in 8 days last week. The furnishing were good quality, the decor exceptional, the condo SPOTLESS! Selling a 'turnkey' condo in a community frequented by snowbirds has real benefit. However, be very aware, the furnishings are not reflective of the condo value but CAN be a incredible incentive to purchase, NOW, at full price. Since it's a condo it will be a cash purchase so there will be little concern for appraisal and content conflicts.
The condo in which I referred earlier received an offer from a Zillowite at 61% of list value, followed by an immediate offer at 73% and last offer at 85% of list price. Two hours later, list price offer, SOLD!
Note: If a consignment shop won't take your furniture, it may not represent real value.
Best of success in selling your Sarasota condo.
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
However, if you are willing to offer the furniture, then mention in the remarks that the furniture is available but not included. That way, a buyer who wants to purchase a furnished unit will know that is a possibility, especially if the furniture style appeals to the buyer. However, other buyers will prefer to furnish themselves so then including the furniture does not discourage that buyer because they don't wish to pay extra for the furnishings.
Some buyers do want the convenience of a furnished unit especially investor - buyers who favor "turn-key units. Some buyers have their own furnishings and / or prefer a style that differs from yours.
Whenever possible, though, leave a unit furnished for showings because a buyer can better visualize the space and how to arrange furnishings. Unfurnished units require extra visualization skills from a buyer and also unfurnished units appear smaller.
Good luck with your sale!
Tammy Hayes, Realtor
Green Lion Realty
Most people have their own furniture; they won't want yours.
However, work with your Realtor on the amount of staging to do. Vacant properties tend to be more difficult to sell for a variety of reasons. Rooms look smaller. The flaws may be more noticeable. People have a difficult time imagining where their furniture will go. So: Put it on the market with furniture (though perhaps less than is there now). But sell it unfurnished.
Hope that helps.
The usual practice is to attach "no value" to the personal property along with no warranty attached. This is to protect the seller.
I would suggest keeping the flexibility in your hands; do not put any mention of the personal property in the Listing, but notify your Listing Agent of your thoughts: That way, the Personal Property can become a bargaining chip, or a bonus. If the P.P. is "worth" $10,000; would you rather knock $10,000 off the price, or give them the P.P.? Or, possibly, you could make a few bucks on it.
The ideal situation for us, is to show the condo with some furnishings, (not too much) and Vacant.