First-time buyers are out in the market and ready to buy homes—and many of them are willing to go above asking in order to successfully purchase their dream property. According to a recent survey from realtor.com, a whopping 76 percent of first-time home buyers are willing to pay more than the asking price for a home.
But what, exactly, are they looking for in a property? According to the survey, some of the top priorities for first-time buyers in today’s market include:
A large backyard (35 percent)
A garage (30 percent)
An updated kitchen (30 percent)
A quiet location (26 percent)
Updated bathrooms (22 percent)
A finished basement (20 percent)
The Takeaway:
So, what does this mean for you? If you are selling your home, it is important to know what buyers are looking for today. That way, you can bring attention to the features of your property that are most likely to attract buyers—and (hopefully!) get top dollar for your home in a timely manner with minimal stress in the process.
