What Happens If You Spend Carpet Allowance On Someting Else

Additionally old worn out carpet does not allow the home to show in its best light which will result in lower offers.

What happens if you spend carpet allowance on someting else.

Don t buy too cheap of a carpet. An allowance for the carpet does not give them a good first impression of the home. 75 showings later the sellers replaced the carpet with light builder s beige. Carpet allowance was offered with large sample books lent by a favorite local flooring dealer.

Either reduce the price or preferably replace the carpet with inexpensive neutral carpet prior to listing the property. Buyer s get deduct happy for work that needs to be done in many cases. Get the new carpet it will net the seller s more money than a carpet allowance will. A buyer may offer less for the home than it is listed for and also want seller concessions.

Worn out carpet when they enter the home makes everything else about the house look bad. Payment at closing makes installing new carpet less stressful when you don t have to pay out of pocket right away. Tell them what you want in a good carpet and am willing to take one you give me a good deal on. Many home buyer s ask for anywhere from 3 50 5 per sqft on average that is over double the price of what it.

Within a week there were three offers and the home sold to a couple who had been through the first week the home was on the market. Go to a carpet store not low s etc. Why not carpet allowance. Yes the seller can offer concessions in the form of seller paid closing costs but the seller cannot give the buyer money for carpet.

As several others have said a carpet allowance is lost. Fresh paint and flooring will get the biggest bang for the buck when listing a home.