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Friday, March 18, 2011

What Buyers Want in Homes Today

Buyers have a long list of what they want when home shopping, but one of their biggest desires: A good deal.

'And no matter where a seller prices their property, they're looking to negotiate,' says Patricia Szot, president of the MetroTex Association of REALTORS®.

But that’s not all they want. Bankrate.com recently asked real estate professionals to chime in on the top desires of their buyers when home shopping. Here are four things that made the list of top home buyer preferences:

1. Homes that are in good condition. 'There's not a lot of flexibility in that,' says Ron Phipps, president of the National Association of REALTORS®. Many buyers now take the attitude: 'I'd rather spend the money getting into the house' and not have to spend more money later, Phipps says. One of the major reasons is that 'buyers have limited amounts of cash,' he adds. 'Even if they want to do a fixer-upper, they don't have the money to do it.'

Read More: REALTOR® Magazine-Daily News-What Buyers Want in Homes Today

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