“Business Insider” asked real-estate agents around the country about what it’s really like working in the industry, what they wish they could tell their clients, and if there are any factors that can make a home “unsellable.”
Some said anything could sell at the right price. But several said that an undesirable location, a death on the property, and bad odors — particularly from cats — were some of the things that could make a home virtually impossible to sell.
Here are 11 factors that can make a home unsellable, according to real-estate agents.
“Location is a huge factor,” Butch Haze, who sells homes between $3 million and $10 million in the San Francisco area, told Business Insider. “In San Francisco, I also keep an eye out for big power lines obstructing the window views. Space is tight in the Bay Area, but backyards still make a difference.”
Homes that are next to places like a fraternity house or an airport could be particularly tricky to sell or rent, added Elana Delafraz of REAL New York, who rents homes in the city for $3,200 to $5,000 a month.
“The biggest obstacle is location,” Gerard Marino, who does sales in the $300,000 to $500,000 range in southwest Florida, told Business Insider.
“A bad location can only be corrected with a low price.”
Also investing a lot of money in works or renovation in a property with a bad location or less sought after area, is not advisable and can lead to the loss of thousands of money!
(to be continued….)