Mike Rock, Granite Bay Luxury New Construction...For Less (Complete Design)

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Rainmaker
3,091,043
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I always counsel my clients on return on investment vis-a-vis their upgrades choices.

Aug 30, 2015 02:36 AM
Rainmaker
4,443,059
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Mike,

A gold plated sink and a gold plated toilet are not items that would add to the value of a home.  I think that many love the extra convenience and like Raymond E. Camp said, it makes a difference if you live there a long time.  For all the luxury homes I have seen, no gold plated sinks have shown up or toilets for that matter.  Happy Sunday, A

Aug 30, 2015 01:38 AM
Rainmaker
1,257,373
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

I know the differences but if the client is going to be there past the five year mark it may be conveniences they want.

Aug 30, 2015 01:34 AM
Rainer
505,665
Sara Wagner
Woodland Management Service - Adams, WI
The Forestland Experts!

Making a profit is important if we want to keep the folks all paid.

Dec 12, 2018 11:40 PM
Rainmaker
1,490,694
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

When I take a listing, I always ask what was done and suggest what shouuld be done to create the best first impression. I've been recently to a house that had many excessive features, the extremely rare tile and custom made sinks are just few to mention. The guy knows that he would never get his money back selling that house( bought for 8mln, invested 8mln in renovation), but he is building his dream house~ not anyone's else; the house is for him and he wants the best).

Aug 30, 2015 04:57 PM
Rainmaker
1,677,900
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

As a realtor representing my client I try to translate the ads on a for value

Aug 30, 2015 11:40 AM
Rainmaker
633,946
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Yes! And I advise my clients to look at the ROI before they decide on upgrades.

Aug 30, 2015 07:41 AM
Rainmaker
698,877
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

We've built 6 custom homes.  I always went for the gold plated sink but I searched and searched until I got one at a discount.

Aug 30, 2015 06:17 AM
Ambassador
3,869,653
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Larry is a retired builder and we moved several times.  We always bought with resale in mind!  

Aug 30, 2015 04:30 AM
Rainmaker
4,797,261
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, I know the difference and tend to be very conservative when advising potential sellers about what to do to improve the value of their home.

Aug 30, 2015 03:37 AM
Rainmaker
5,379,471
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Home buyers need to be careful when selecting options for their new home. Some items will not add value and the cost will not be recovered when it is time to sell the home.

 

Aug 30, 2015 02:37 AM
Ambassador
4,212,861
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

ROI is always important, as far as what people want, I defer to people who know more about this than I do.

Jun 21, 2018 11:53 PM