Selling furnishings with the home as part of the sale.

I went on a listing appointment yesterday and the family wants to leave the basement furnished and have all of the furnishings, including furniture and all decor, be made a part of the sale. It is 80'-90's Southwestern themed and there is a lot of it. My advice to the family is to move it out as decor is very personal and we would possibly alienate our buyer pool by making it mandatory to buy the furnishings along with the home. I feel it will be a detriment to sale. I am looking for thoughts and opinions on this matter? I want to do the right thing for the family, but I believe they don't want my advice on this one...
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October 22 2011 - US

Replies (4)

Profile picture for wetdawgs
I'm not a professional in real estate, but we have purchased and sold a number of homes, so I'll toss my two cents into the ring.

What I've seen that has been okay as a buyer:   "basement furniture available to interested buyer"    but make it clear (to all parties) that the house is priced as a house, and not additional for furniture.  Who would want to purchase used furniture on a 30 year plan?  (Use furniture usually sells for pennies on the dollar.)

In your discussion with the seller, discuss the ramifications of appraisal and the buyer getting a loan.   The appraisal doesn't include furniture and they certainly wouldn't want to jeopardize  a buyer getting a mortgage.

When we purchased our first house, the seller asked us if we wanted the couch (no charge).   As otherwise we would have been sitting on the floor, we accepted the couch (oh my, it was ugly! but comfortable).  We passed the favor forward when selling, and have asked buyers  if they would be interested in certain items.      (Usually that has been garage or basement shelves, but the couch also was wanted and in one case they wanted the dog door.)

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October 22 2011
Profile picture for MikeEmery
I would imagine there would be a very limited market (read miniscule) for a home that is fully furnished in a dated southwestern motif. The garish palette of colors from that period were only popular for a brief period and would only be appreciated by a buyer with the exact same taste. Younger buyers would stay away in droves.

Another aspect you might want to discuss with your sellers is that buyers have a great deal of difficulty looking past the decorations when buying a home. As an agent I can look past pretty much anything if the 'bones' of the house are good. But most buyers will walk in and walk right back out and your sellers will be punished in the end by low ball offers.
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October 22 2011
Profile picture for MsM08
Some listings are just best be walked away from. If the sellers aren't willing to to listen to your professional advice on this what other issues are they not going to listen to? I would walk away from this one if they aren't willing to give up the idea of selling with the furnishings, you will most likely end up with an expired listing for all your best efforts not to mention time, money and aggravation. If you just can't bring yourself to walk away I wish you the best!
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October 23 2011
Profile picture for Frieda Triebel

You could list the house in a normal fashion, and that would be unfurnished, as you know.  In the remarks of the listing you could mention furnishings are also available.  Otherwise, if you get a buyer who makes a bid on a furnished house, and if he/she doesn't want the furniture, the offer will be much lower . 

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October 23 2011
 
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